A. the GDP
B. the GNP
C. the NNP
D. the SPQR
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Related Mcqs:
- A way of calculating the total output of the economy regardless of where resources are located is________________?
- A. the GDP B. the GNP C. the NNP D. the SPQR...
- Total planned OR desired spending in the economy as a whole within a given period is called_____________?
- A. pent-up demand B. aggregate demand C. elastic demand D. excess demand...
- The resources in the economy do not include ?
- A. Demand B. Land C. Labour D. Capital...
- The resources in an economy are ?
- A. Constantly increasing B. Fixed at any moment C. Constantly decreasing D. Able to be transferred easily between industries...
- In economic terms incomes are distributed according to________________?
- A. a person’s marginal productivity B. whom one knows C. which skills one has D. innate talent...
- Economists chart the limits of resources and technology on output through_____________________?
- A. production-possibility schedules B. product-moment correlations C. Venn diagrams D. welfare functions...
- Assume there is no government or foreign setor, If the MPC is 75 a Rs20 million decrease in planned investment will cause aggregate output to decrease by ?
- A. Rs80 million B. Rs20 million C. Rs 15 million D. Rs26.67 million...
- The total quantity of goods and services produced (or supplied) in an economy in a given period is ?
- A. aggregate investment B. aggregate expenditure C. aggregate demand D. aggregate output...
- Total increases from Rs500 to Rs600 when output increases from 20 to 30 units. Fixed costs are Rs200 Which of the following is true ?
- A. Marginal cost is Rs20 B. Average cost falls C. Variable cost rises by Rs100 D. Average fixed cost is Rs10...
- Total increase from Rs500 to Rs600 When output increases from 20 to 30 units Fixed costs are Rs200 Which of the following is true ?
- A. Marginal cost is Rs20 B. Average cost rises C. Variable cost rises by Rs200 D. Average fixed cost was Rs10originally...
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