Economics MCQs

4475 MCQs  (Page 263 of 448)

Higher export demand __________ output and a higher MPZ __________ output?
A. Reduces, reduces
B. Reduces, increase
C. Increase, reduces
D. Increases, increases
The diagram that shows the income received and payments made by each sector of the economy is the ?
A. Income-expenditures diagram
B. Aggregate demand-aggregate supply diagram
C. Circular flow diagram
D. Income-price diagram
The multiplier tells us how much __________ changes after a shift in ____________?
A. Consumption income
B. Investment output
C. Savings investment
D. Output aggregate demand
If desired spending in the economy exceeds income we would expect ?
A. Households to save more
B. Firms to produce less
C. Firms to produce more
D. The mpc to change
Nominal GNP measures income ?
A. At the present time
B. Corrected for tax changes
C. Corrected for changes in interest rates
D. At current prices
In a macroeconomic model without foreign trade or a government aggregate demand is the sum of ?
A. Personal saving and private investment
B. Personal saving and personal consumption
C. Personal consumption and private investment
D. None of the above