Introduction To Economics Mcqs


Q.  A real value can be derived from a nominal value by ?

a. adjusting for changes over time
b. adjusting for data collection errors
c. adjusting for population changes
d. adjusting or changes in prices


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Inflation is___________________?
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MCQs:  Aggregate supply is the total amount ?
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MCQs:  Microeconomics is not concerned with the behavior of ?
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MCQs:  The economics the central problem is ?
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MCQs:  The public sector includes ?
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MCQs:  A mixed economy ?
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MCQs:  The basic economic problems will not be solved by ?
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MCQs:  An increase in consumer income will increase demand for a _________ but decrease demand for a?
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MCQs:  If a price increase of good A increases the quantity demanded of good B, then good B is a________________?
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MCQs:  A demand curve can shift because changing ?
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MCQs:  ________ and ___________ do not directly affect the demand curve ?
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MCQs:  The equilibrium price clears the market it is the price at which _________________?
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MCQs:  When we know the quantity of a product that buyers wish to purchase at each possible price we know_____________?
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MCQs:  On a graph, a positive linear relationship___________________?
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MCQs:  If you income during one year is Rs10,000 and the following year it is Rs12,000 then it has grown by ________________?
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MCQs:  The retail price index is used to__________________?
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MCQs:  Data are important in economics because _________ and ____________?
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MCQs:  If marginal benefit is greater than marginal cost, a rational choice involves ?
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MCQs:  Normative economics Forms ________ based on ________?
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MCQs:  In a free market?
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