The National Economy

A. three years
B. six months
C. a year
D. two years

A. wholesale price index (WPI)
B. GDP deflator
C. Producer price index (PPI)
D. consumer price index

A. unemployment rate
B. labor force rate
C. employment rate
D. unemployment population ratio

A. income-expenditures diagram
B. aggregate demand-aggregate supply diagram
C. circular flow diagram
D. income-price diagram

A. reduces, reduces
B. reduces, increase
C. increase, reduces
D. increases, increases

A. increase, increase
B. falls, increase
C. falls, fall
D. increase, fall

A. AD = C + I
B. AD = C + I + G
C. AD = C + I + G + X + Z
D. AD = C + I + G + X – Z

A. move into surplus
B. move into deficit
C. remain unchanged
D. None of the above above

A. C + 1
B. C + G
C. I + G
D. C + 1 + G

A. 2
B. 1/2
C. 0.2
D. 20