Economics MCQs

4475 MCQs  (Page 261 of 448)

Attempt Economics Mcqs Quiz
If the government increases spending and raises taxes by just enough to finance this increase it will ?
A. Leave output unchanged
B. Increase output
C. Reduce output
D. Increase the mpc
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The multiplier is calculated as___________?
A. 1(1-mpc)
B. 1/mps
C. 1/mpc
D. A or b
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If a result of households wish to save more there is a change in equilibrium income and no change in equilibrium saving this is an example of ?
A. Market imperfection
B. The law of diminishing returns
C. The paradox of thrift
D. Market failure
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When we refer to the hidden economy we mean unrecorded income owing to ?
A. Tax evasion
B. Poor statistics
C. The lags between statistical collection and publication
D. Smuggling
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When investment is assumed to autonomous the slope of the AD schedule is determined by the ?
A. Marginal propensity to invest
B. Disposable incomes
C. Marginal propensity to consume
D. Average propensity to consume
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In the circular flow we would expect leakages to ___________ injections?
A. Equal
B. Be less than
C. Be greater than
D. Be less or greater than
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Real GNP measures income ?
A. Including non-market activities
B. Adjusted for inflation
C. Including externalities
D. Including tax evasion
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In an economy measuring (1) total value added (2)total spending on final goods and (3)total factor earning gives the result that ?
A. 3>2>1
B. 3=2=1
C. 3<2<1
D. Any measure can be larger or smaller than any other
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Leakages from the circular flow are _________ and __________?
A. Investment, savings, government expenditure
B. Savings, taxes net of subsidies imports
C. Consumption investment government expenditure
D. Consumption taxes imports
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The underground economy consists of ?
A. Legal transactions
B. Part of the rail network
C. Legal transactions not declared for tax and illegal activities
D. The water distribution system
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Word of the Day
23 Jul
Aisle
a passage between rows of seats in a building such as a church or theatre, an aircraft, or train.
طویل تنگ راستہ، نشتوں کے درمیان راستہ

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