If injections are greater than withdrawals ?

Related Mcqs:

1. If injections are less than withdrawals at the full-employment level of national income, there is ?

   A. an inflationary gap
   B. hysteresis
   C. A deflationary gap
   D. hyperinflation

2. Injections ?

   A. Decrease aggregate demand
   B. Always equal savings
   C. Always equal national income
   D. include investment and export spending

3. Injections are?

   A. Assumed to be exogenous
   B. Assumed to be a function of national income
   C. Decrease aggregate demand
   D. Decrease the investment into an economy

4. Total withdrawals from the circular flow of income include ?

   A. consumption savings and taxes
   B. savings government expenditure and imports
   C. savings taxes and exports
   D. savings taxes and imports

5. In the circular flow we would expect leakages to ___________ injections?

   A. equal
   B. be less than
   C. be greater than
   D. be less or greater than

6. An increase in injections into the economy may lead to ?

   A. An outward shift of aggregate demand- and demand-pull inflation
   B. An outward shift of aggregate demand and cost push inflation
   C. An outward shift of aggregate supply and demand-pull inflation
   D. An outward shift of aggregate supply and cost push inflation

7. If marginal benefit is greater than marginal cost, a rational choice involves ?

   A. no more of the activity.
   B. less of the activity
   C. more of the activity
   D. more or less, depending on the benefits of other activities

8. A student chooses to study because the marginal benefit is greater than the ______________ cost?

   A. average
   B. expected
   C. total
   D. marginal

9. If the ABC Typing Service is earning a rate of return greater than the return necessary for the business to continue operations, then ?

   A. normal profit is zero
   B. total costs exceed total revenue
   C. total costs exceed normal profit
   D. the firm is earning are economic profit

10. Monopoly advantage is usually the result of greater opportunities such as ?

    I- access to more economic information than competitors
    II- superior access to training and education
    III- a lower discount of future earnings
    IV- larger firm size

    A. I and II only
    B. II and III only
    C. I, II and III only
    D. I, II, III, and IV