Stabilization, Adjustment, Reform & Privatization Mcqs


Q.  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


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Refer to Exhibit 6.Suppose the economy is in long-run equilibrium at point E. A sudden increase in government spending should move the economy in the direction of point ?
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MCQs:  Refer to Exhibit 6.If People in the economy expect inflation to be 3 percent and inflation is 3 percent the economy is operating at point ?
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MCQs:  A decrease the Price of foreign oil ?
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MCQs:  Which of the following would shift the long-run Phillips curve to the right ?
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MCQs:  According to the Phillips curve, in the short run, if policy makers choose an expansionary policy to lower the rate of unemployment ?
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MCQs:  Along a short-run Phillips curve, ?
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MCQs:  The original Phillips curve illustrates ?
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MCQs:  If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-run result would be ?
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MCQs:  If the sacrifice ratio is five, a reduction in inflation from 7 percent to 3 percent would require ?
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MCQs:  Refer to Exhibit 6. Suppose the economy is operating at point (D) As people revise their price expectations ?
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MCQs:  Refer to Exhibit 6. Suppose the economy is Operating in long-run equilibrium at point E. In the long run a monetary contraction will move the economy in the direction of point ?
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MCQs:  Refer to Exhibit 6.If People in the economy expect inflation to be 6 percent but inflation turn out to be 3 percent the economy is operating at point ?
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MCQs:  The natural rate hypothesis argues that ?
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MCQs:  When actual inflation exceeds expected inflation ?
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MCQs:  An increase in expected inflation ?
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MCQs:  If, in the long run, people adjust their price expectations so that all prices and incomes move proportionately to an increase in the price level then the long-run Phillips curve ?
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MCQs:  The Phillips curve is an extension of the model of aggregate supply and aggregate demand because, in the short run, an increase in aggregate demand increase price and ?
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MCQs:  The misery index Which some commentators suggest measures the health of the economy, is ?
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MCQs:  A progressive tax system is one where ?
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MCQs:  The appropriate tax rate to consider judging the vertical equity of a tax system is the ?
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