Takatoshi Ito (1992) contends that parliamentary governments manipulate the timing of _____ while presidential governments manipulate the timing of _____?

Related Mcqs:

1. The single European Act committed ________ governments to a ________ in 1992?

   A. European union, single market
   B. Western European, single currency area
   C. European Union, single currency area
   D. Western European, single market

2. A critic of “Shock therapy” to transition economies. Vladamir Popov, contends that shock therapists put a heavy emphasis on ?

   A. introducing the reform package at once to ensure that it became too late and costly to reverse the reforms
   B. agricultural reform rather than industrial reforms to overcome food insecurity
   C. the creation of a small-scale private sector ans small independent banks
   D. attempts to gradually remake institutions

3. Which trade theory contends that a country that initially develops and exports a new product may eventually become an importer of it and may no longer manufacture the product ?

   A. Theory of factor endowments
   B. Theory of overlapping demands
   C. Economies of scale theory
   D. Product life cycle theory

4. By using fiscal policy, i (e) varying ______ and/or _____ governments achieve goals for output and employment growth as well as price stability?

   A. demand pull inflation tax elasticity
   B. interest rates, financial liberalization
   C. interest rates, tax rates
   D. tax rates, government spending

5. Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a share of GDP constant ?

   A. income per capita is the same regardless of poor or rich countries
   B. income per capita in poor countries grows faster than in rich countries
   C. income per capita in rich countries grows faster than in poor countries
   D. income per capita in poor countries grows conditional upon foreign aid

6. A country has a comparative advantage in the production of a product if the good’s _____ cost in different from the good’s _____ cost in another country ?

   A. resource; resource
   B. foreign exchange money
   C. opportunity; opportunity
   D. money; opportunity

7. Economic growth may depend upon _____ and _____?

   A. Population size, x-efficiency
   B. Population age distribution, education
   C. Population growth technical progress
   D. Population growth education

8. The equilibrium inflation rate is determined by the intersection of _____ and _____?

   A. demand, supply
   B. IS, LM
   C. AD, AS
   D. Labor demand, labor supply

9. The Phillips curve shows the trade-off between _____ and _____?

   A. the inflation rate, interest rates
   B. the inflation rate, the unemployment rate
   C. interest rates, output
   D. output, employment

10. To increase growth, governments should do all of the following except ?

    A. encourage foreigners to investment in your country
    B. encourage saving and investment
    C. nationalize major industries
    D. encourage research and development
    E. Promote free trade