Long Term Economic Growth Mcqs


Q.  The business cycle describes fluctuations in output around the?

a. trend path of output
b. boom
c. recession
d. short-run fluctuations in output


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Policies to encourage productivity do not include ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The percentage of the working age population that is part of the workforce is known as the ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The golden-rule saving rate is the rate of saving that ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Identify below what is NOT considered to be a cause of economic growth ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Economic growth is important because ?
Category: Economics Mcqs,   Published by: teswesm
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
MCQs:  An increase in the price of automobiles shifts the demand for autoworkers to the ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  A competitive profit-maximizing firm should hire workers up to the point where ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  An individual firm’s demand for a factor of production ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  A decrease in the supply of farm tractors will cause all but which of the following ?
Category: Economics Mcqs,   Published by: teswesm
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
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
MCQs:  If a factor exhibits diminishing marginal product, hiring additional units of the factor will ?
Category: Economics Mcqs,   Published by: teswesm
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
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
MCQs:  An increase in the demand for a firm’s output ?
Category: Economics Mcqs,   Published by: teswesm
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
MCQs:  An increase in the demand for apples will cause all but which of the following ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  A decrease in the demand or fish ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The value of the marginal product of labor is ?
Category: Economics Mcqs,   Published by: teswesm