MCQs: Goals are achieved through ____ such a monetary fiscal, exchange rate tariff tax subsidy, business incentive foreign investment and foreign aid?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Annual GNP growth of 6% poverty reduced by 1% point of the population Balance of payments deficit not in excess of $200 million For a planner, the above are ?
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MCQs: A medium-term plan can be a(n) ________ revised at the end of each year?
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MCQs: According to Oskar Lange’s model socialist enterprises should produce where ?
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MCQs: Government’s use of coordinated policies to achieve national economic objectives is ?
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MCQs: Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?
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MCQs: If consumption when young and when old are both normal goods, an increase in the interest rate ?
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MCQs: If income where to double and prices were to to double the budget line would ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Refer to Exhibit 4, Suppose that the consumer must choose between buying socks and belts Also suppose that the consumer’s income is €100 A pair of socks is ?
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MCQs: Refer to Exhibit 4, Suppose that the consumer must choose between buying socks and belts Also suppose that the consumer’s income is €100 Suppose that the price of a pair of socks falls from €5 to €2 The substitution effect is represented by the movement from point ?
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MCQs: If an increase in a consumer’s income causes the consumers to decrease her quantity demanded of a good, then the good is ?
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MCQs: Suppose we measure the quantity of good X on the horizontal axis and the quantity of good Y on the vertical axis If indifference curves are bowed inward, as we move from having an abundance of good X to having an abundance of good Y, the marginal rate of substitution of good Y for good X (the slope of the indifference curve) ?
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MCQs: The consumer’s optimal purchase of any two goods is the point where ?
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MCQs: The slope at any point on an indifference curve is known as ?
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MCQs: Which of the following is not true regarding the outcome of a consumer’s optimization process ?
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MCQs: A change in the relative prices of which of the following pair of goods would likely cause the smallest substitution effect ?
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MCQs: If leisure is a normal good, an increase in the wage ?
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MCQs: The change in consumption that results when a price change moves the consumer along a given indifference curve is known as the ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Refer to Exhibit 4, Suppose that the consumer must choose between buying socks and belts Also suppose that the consumer’s income is €100 Suppose that the price of a pair of socks falls from €5 to €2 The income effect is represented by the movement from point ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Refer to Exhibit 4. Suppose that the consumer must choose between buying socks and belts Also suppose that the consumer’s income is €100 If the price of a belt is €10 and the price of a pair of socks is €5, the consumer will choose to buy the commodity bundle represented b point ?
Category: Economics Mcqs, Published by: teswesm
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