Long Term Economic Growth Mcqs

Q.  Economic growth is important because ?

a. People want less crime
b. People want to be happier
c. People want a better environment
d. People want higher incomes and more consumer goods.


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the short run ?
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MCQs:  Suppose the price level falls but because of fixed nominal wage contracts the real wage rises and firms cut back on production This is a demonstration of the ?
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MCQs:  According to the wealth effect aggregate demand slopes downward (negatively) because ?
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MCQs:  Which of the following is not a reason why the aggregate demand curve slopes downward ?
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MCQs:  According to the interest rate effect aggregate demand slopes downward (negatively) because ?
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MCQs:  Policy makers are said to “accommodate” an adverse supply shock if they ?
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MCQs:  Refers to Exhibit 4. Suppose the economy is operating in a recession such as point B in Exhibit 4. If policy makers allow the economy to adjust to the long run natural rate on its own, ?
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MCQs:  Which of the following events shifts the short run aggregate supply curve to the right ?
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MCQs:  Suppose the economy is initially in long run equilibrium Then suppose there is a drought that destroys much of the wheat crop if policymakers allow the economy to adjust to long-run equilibrium on its own, according to the model to aggregate demand and aggregate supply what happens to prices and output in the long run ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the long run ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Suppose the price level falls but suppliers only notice that the price of their particular product has fallen Thinking there has been a fall in the relative price of their product they cut back on production, This is a demonstration of the ?
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MCQs:  The natural rate of output is the amount of real GDP produced ?
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MCQs:  Which of the following statements is true regarding the long-run aggregate supply curve? The long-run aggregate supply cruve ?
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MCQs:  In the model of aggregate demand and aggregate supply, the initial impact of an increase in consumer optimism is to ?
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MCQs:  Which of the following would not cause a shift in the long-run aggregate supply curve ?
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MCQs:  Which of the following statements about economic fluctuations is true ?
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MCQs:  A critic of “Shock therapy” to transition economies. Vladamir Popov, contends that shock therapists put a heavy emphasis on ?
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MCQs:  Privatization refers to a range of policies including ? I. changing part of a public enterpris’s ownership to the private sector II. Liberalization of entry into activities previously restricted to the public sector III. two infant industries merging into a monopoly IV. franchising or contracting public services or leasing public assets to the Private sector
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MCQs:  State-owned enterprises (SOEs) are also called ?
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MCQs:  The industrial concentration ratio is the proportion of an industry’s output ?
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