A. 11%
B. 5%
C. 8%
D. 3%
Related Mcqs:
- The condition of an increase in prices NOT triggered by an increase in demand is called_______________?
A. hyperinflation
B. the Pigou effects
C. inflation
D. restraint of trade - 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 - In order to raise the GNP and the GDP per capita one must____________?
A. earn more money
B. increase productivity
C. increase absenteeism
D. decrease productivity - 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 - If an increase in investment leads to a bigger increase in national income this called the ?
A. Accelerator
B. Aggregate demand
C. Monetarism
D. Multiplier - The socially optimal rate of growth is ?
A. Zero
B. Negative
C. Where the marginal social benefit = the marginal social cost
D. Total social costs are minimised - When cars are offered at low prices but people still do not buy them the situation is one in which______________?
A. demand is elastic
B. demand is inelastic
C. there is aggregate demand
D. exchange takes place - What forces prices down ?
A. Large consumer purchasing power
B. Elastic demand
C. Inelastic demand
D. Inferior products - As the MPS increases the multiplier will ?
A. decrease
B. remain constant
C. increase
D. either increase or decrease depending on the size of the change in investment - Suburban growth was based on___________________?
A. the development of automobile travel
B. expensive suburban property
C. wartime industrial expansions
D. movement of factories out of the cities
