MCQs: In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?
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MCQs: A value of 1 in Gini index represents ?
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MCQs: Indices of income distribution measure ?
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MCQs: _________ is below the income that secures the bare essentials of food clothing and shelter ?
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MCQs: The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?
I- probability at birth of not surviving to age 40
II- adult illiteracy rate
III- negative economic growth
IV- lack of a decent standard of living
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MCQs: The abolition of income tax would probably ______ the number of workers in employment and _______ the equilibrium rate of unemployment?
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MCQs: Policies to reduce unemployment by reducing union power, tax cuts, reductions in unemployment benefit and investment subsidies are examples of ?
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MCQs: The equilibrium rate of unemployment at any real wage, is the difference between ______ and ______?
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MCQs: A person who is made redundant because of the contraction of an industry is a victim of ?
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MCQs: The Short run Phillips curve can shift in response to changes in ?
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MCQs: The Phillips curve shows the trade-off between _____ and _____?
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MCQs: During Periods of rising inflation and rising interest rates we expect the demand for real cash to ?
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MCQs: The quantity theory of money says that changes in ____lead to equivalent changes in ____ but have no effect on ______?
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MCQs: Expansionary fiscal policy in the classical model will cause aggregate demand to _______ potential output?
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MCQs: At the intersection of AD and AS equilibrium is achieved in ?
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MCQs: In the classical model, potential output cannot be increased by ?
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MCQs: The AD schedule indicates that _______ inflation is associated with ________ output?
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MCQs: All the following are types of monetary policy expect ?
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MCQs: The relative-wage explanation for the existence of downwardly sticky wages emphasizes ?
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MCQs: When economists use the term real business cycle theory they are suggesting that business cycles are caused by ?
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