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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 ?
Category: Economics Mcqs, Published by: teswesm
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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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MCQs: An efficient tax ?
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MCQs: Sana values a pair of blue jeans at Rs400. If the price is Rs350 Sana buys the jeans and generates consumer surplus of Rs50 Suppose a tax is placed on blue jeans that causes the price of blue jeans to rise to Rs450 Now sana chooses not to buy a pair of?
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MCQs: When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold than otherwise the tax has ?
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MCQs: If a tax on a good is doubled the deadweight loss from the tax ?
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MCQs: When a tax on a good start small and is gradually increased tax revenue ?
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MCQs: Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?
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MCQs: A tax on petrol is likely to ?
Category: Economics Mcqs, Published by: teswesm
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