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MCQs: Identify below what is NOT considered to be a cause of economic growth ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Economic growth is important because ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Suppose that a war is fought will biological weapons. The weapons destroy people but not capital. What is likely to happen to equilibrium wages and rental rates after the war when compared to their values before the war ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An increase in the price of automobiles shifts the demand for autoworkers to the ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: A competitive profit-maximizing firm should hire workers up to the point where ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An individual firm’s demand for a factor of production ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: A decrease in the supply of farm tractors will cause all but which of the following ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: What will a decrease in the supply of fishermen do to the market for capital employed in the fishing industry ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: For a competitive profit-maximizing firm, the value-of-the-marginal-product curve for capital is the firm’s ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If a factor exhibits diminishing marginal product, hiring additional units of the factor will ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: When capital is owned by the firm as opposed to being directly owned by household capital income may take any of the following forms except ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which of the following is not true with regard to workers who have a high value of marginal product? These workers ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An increase in the demand for a firm’s output ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: If both input and output markets are competitive and firms are profit maximizing, then in equilibrium each factor of production earns ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An increase in the demand for apples will cause all but which of the following ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: A decrease in the demand or fish ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The value of the marginal product of labor is ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The most important factors of production are ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: According to the model of aggregate supply and aggregate demand in the long run an increase in the money supply should cause ?
Category: Economics Mcqs, Published by: teswesm
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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 wished to move output to its long run natural rate they should attempt to ?
Category: Economics Mcqs, Published by: teswesm
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