Economics MCQs

4475 MCQs  (Page 164 of 448)

Attempt Economics Mcqs Quiz
If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 total consumption is what ?
A. 0.8
B. 800
C. 810
D. 0.81
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If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the average propensity to consume is what ?
A. 0.8
B. 800
C. 810
D. 0.81
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An increase in consumption at any given level of income is likely to lead to ?
A. A fall is savings
B. An increase in exports
C. A fall in taxation revenue
D. A decrease in import spending
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Injections ?
A. Decrease aggregate demand
B. Always equal savings
C. Always equal national income
D. Include investment and export spending
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A significant increase in the government budget deficit is likely to ?
A. Reduce injections into the economy
B. Reduce national income
C. Move the economy away from full employment
D. Boost aggregate demand
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Injections are?
A. Assumed to be exogenous
B. Assumed to be a function of national income
C. Decrease aggregate demand
D. Decrease the investment into an economy
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A deflationary policy could include ?
A. Increasing injections
B. Reducing taxation rates
C. Reducing interest rates
D. Reducing government spending
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Which of the following is an injection into the economy ?
A. Investment
B. Savings
C. Taxation
D. Imports spending
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In a boom ?
A. Unemployment is likely to fall
B. Prices are likely to fall
C. Demand is likely to fall
D. Imports are likely to grow
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If the price elasticity is -0.3 this means ?
A. Demand is upward sloping
B. Demand is price elastic
C. A price fall would increase revenue
D. Demand is price inelastic
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Word of the Day
25 Jul
January
a preference or special liking for something; a bias in favour of something.
2021:00:00

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