Economics MCQs

4475 MCQs  (Page 116 of 448)

If there is cyclical unemployment in the economy the government might ?
A. Increase interest rates
B. Encourage savings
C. Cut taxes
D. Reduce government spending
Which of the following is not a supply side measure ?
A. Increased training
B. Providing more information
C. Helping individuals to move location to find work
D. Increasing spending on existing industries
A profit maximising firm will employ labour up to the point where ?
A. Marginal revenue = marginal product
B. Marginal cost = marginal product
C. Marginal revenue product = average cost of labour
D. Marginal revenue product = marginal cost of labour
If employees cannot accept a job because of the costs of moving this is known as ?
A. Occupational immobility
B. Cyclical unemployment
C. Structural immobility
D. Geographical immobility
If people are made unemployed because of a fall in aggregate demand this is known as ?
A. Frictional unemployment
B. Seasonal unemployment
C. Cyclical unemployment
D. Structural unemployment
The natural rate of unemployment is likely to fall if ?
A. Unemployment benefits increase
B. Income tax increases
C. More training is available for the unemployed
D. Geographical immobility increases
The multiplier accelerator model assumes ____ depends on ______?
A. Consumption expected future profits
B. Investment, interest rates
C. Investment expected future profits
D. Stock building interest rates
The impossibility of negative gross investment provides a ______ to fluctuation in ______?
A. Ceiling, stock building
B. Ceiling, capital prices
C. Floor, output
D. Floor, the capital-output ratio