By financial crowding out economist mean ?

Related Mcqs:

1. The Setrite Corporation produce chairs. An economist working for the firm predicts that if people’s incomes rise next year, then the demand for our chairs will for our chairs will increase ceteris paribus The accuracy of the economist’s prediction depends on whether the chairs Setrite Produce ?

   A. have few substitutes.
   B. are normal goods
   C. have few complementary goods.
   D. have many complementary goods.

2. Suppose two economists are arguing about policies that deal with unemployment. One economist says. The government could lower unemployment by one percentage point if it would just increase government spending by 50 billion dollars the other economist responds Nonsense and poppycock! If the government spent an additional 50 billion dollars it would reduce unemployment by only one tenth of one percent. and that effect would only be temporary! These economists ?

   A. None of these answers
   B. Disagree because they have different scientific judgments
   C. really don’t disagree at all. It just appears that they disagree
   D. disagree because they have different values

3. Suppose two economists are arguing about policies that deal with unemployment One economist says the government should fight unemployment because it is the greatest social evil The other economist response Nonsense Inflation is the greatest social evil These economists ?

   A. really don’t disagree at all It just appears that they disagree.
   B. disagree because they have different values.
   C. none of these answers.
   D. disagree because they have different scientific judgments.

4. If planned investment becomes more sensitive to interest rate changes the crowding out effect will ?

   A. be reduced
   B. not be affected
   C. fall to zero
   D. be increased

5. Suppose the government increases its purchases by Rs16 billion. If the multiplier effect exceeds the crowding out effect, then ?

   A. The aggregate supply curve shifts to the right by more than Rs 16 billion
   B. The aggregate demand curve shifts to the left by more than Rs 16 billion
   C. The aggregate demand curve shifts to the right by more than Rs 16 billion
   D. the aggregate supply curve shifts to the left by more than Rs 16 billion

6. The comparative advantage comes if each trading partners has a product that will bring a better price in another country than it will at home. Which economist proposed the principle of comparative advantage ?

   A. Adam Smith
   B. David Ricardo
   C. David Smith
   D. Adam Ricardo

7. Which of the following was not a classical economist ?

   A. Adam Smith
   B. Thomas R. Malthus
   C. John Stuart Mill
   D. John Maynard Keynes

8. In 2000, the Economist estimated that only _________ of some 360 million internet users were in Africa ?

   A. 60 million
   B. 10 million
   C. 3 million
   D. million

9. You can see the computer age everywhere but, in the productivity, statistics is a attributed to which economist ?

   A. Dale Jorgenson
   B. Joseph Stieglitz
   C. Robert Solow
   D. Theodore W. Schultz

10. In making which of the following statements is an economist acting more like a scientist ?

    A. A reduction in unemployment benefits will reduce the unemployment benefits will reduce the unemployment rate.
    B. The rate of inflation should be reduced because it robs the elderly of their savings.
    C. The unemployment rate should be reduced because unemployment robs individuals of their dignity.
    D. The state should increase subsidies to universities because the future of our country depends on education.