A. one person’s demand for goods and services
B. the lack of demand for goods and services
C. the total demand in a society or on a world level for goods and services
D. none of the above
Related Mcqs:
- A demand-side theory that focuses on the role of money to finance aggregate demand is termed__________?
A. monetarism
B. Reaganism
C. the gold standard
D. cash and carry - Investment is a unstable element of aggregate demand because it depends heavily on ?
A. Government policy
B. Expectations
C. National income
D. Historic trends - The government can curb excessive aggregate demand(inflation)by_________________?
A. decreasing taxes on consumers
B. increasing spending
C. decreasing taxes on firms
D. none of the above - Population density may be defined as_________________?
A. the number of people to a land area
B. the density of a compound group
C. the number of births and deaths per year
D. the ability of a square foot of land to feed a number of people - The instruments of foreign policy may be defined as_________________?
A. tools with which nations try to manipulate other nations
B. exchanges entered into in the spirit of trust
C. expressions of human solidarity around the world
D. ways of competing for the title of superpower - Status inconsistency is defined as_________________?
A. the condition of persons who are ranked higher in one variable of status than another
B. the order of importance given to status variables
C. the mechanism high status persons use to protect themselves from competition
D. the least important dimension of stratification - 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 - In the equation C = a + bY, which describes the aggregate consumption function ‘b’ stands for ?
A. The marginal propensity to consume.
B. The amount of income when consumption is zero
C. The average consumption level
D. The amount of consumption when income is zero - The relationship of the mass media and politicians can be described as_________________?
A. political control of the media
B. media subversion of government
C. nonexistent
D. symbiotic and adversarial - Urbanism is defined as________________?
A. the migration of people from rural to urban centers
B. a set of attitudes and a way of life distinct from the rural
C. the growth of cities and suburbs at the expense of rural areas
D. the study of the growth and decline of populations
