Injections are?

Related Mcqs:

1. Injections ?

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

2. 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

3. If injections are greater than withdrawals ?

   A. National income will increase
   B. National income will decrease
   C. National income will stay in equilibrium
   D. Price will fall

4. 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

5. 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

6. According the law of diminishing returns ?

   A. The marginal product fall as more units of a variable factor are added to a fixed factor
   B. Marginal utility falls as more unity of a product are consumed
   C. The total product falls as more units of a variable factor are added to a fixed factor
   D. The marginal product increases as more units of a variable factor are added to a fixed factor

7. In Price discrimination abnormal profits are made if ?

   A. Average revenue is greater than average variable cost
   B. Average revenue is greater than average cost
   C. Average revenue is greater than marginal revenue
   D. Average revenue is greater than average fixed cost

8. An increase in consumption at any given level of income is likely to lead to ?

   A. A fall is savings
   B. An increase in exports
   C. A fall in taxation revenue
   D. A decrease in import spending

9. An outward shift of the production possibility frontier may be caused by ?

   A. An increase in demand
   B. More government spending
   C. Better training of employees
   D. Productive inefficiency

10. As income increase ?

    A. The average propensity to consume gets nearer in value of the marginal propensity to consume
    B. The average propensity to consume diverges in value from the marginal propensity to consume
    C. The average propensity to consume falls
    D. The average propensity to consume always approaches 0