Long Term Economic Growth Mcqs

Q.  Supply side policies are considered effective in ?

a. Increasing government expenditure
b. reducing taxation
c. increasing the money supply
d. encouraging technological progress


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  The value of the marginal product of labor is ?
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MCQs:  The most important factors of production are ?
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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 ?
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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 ?
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MCQs:  Stagflation occurs when the economy experiences ?
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MCQs:  Suppose the economy is initially is long run equilibrium Then suppose there is a drought that destroys much of the wheat crop According to the model of aggregate demand and aggregate supply, what happens of prices and output in the short 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 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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