(05.06 LC) Which of the following will lead to an increase in labor productivity?
(05.06 MC) The following table shows the values of Real GDP…
(05.06 MC) The following table shows the values of Real GDP and population for two consecutive years of Country Z: Real GDP (million) Population (million) Year 1 $200 50 Year 2 $300 60 Calculate the growth rate of real GDP per capita of Country Z.
(05.02 MC) Assume that the citizens of a country decide to s…
(05.02 MC) Assume that the citizens of a country decide to save more and consume less due to a natural disaster. How does the movement along the short-run Phillips curve get affected, due to the demand shock in a country?
(02.06 MC) Considering 2017 prices as the base year prices,…
(02.06 MC) Considering 2017 prices as the base year prices, the price of good x in 2017 was $2, and 200 units of x were produced. In 2018, the price of good x was raised to $4, and 150 units of x were produced. Which of the following is true about the real GDP?
(06.03 MC) Which one of the following cases is true if there…
(06.03 MC) Which one of the following cases is true if there is an increase in the demand for exports from the United States?
(04.07 MC) If an economy is experiencing equilibrium in the…
(04.07 MC) If an economy is experiencing equilibrium in the loanable funds market with an 8% interest rate, what are the consequences if the interest rate falls to 6%?
(05.03 MC) If the money supply in an economy is $750 billion…
(05.03 MC) If the money supply in an economy is $750 billion, the velocity of money is constant at 3, and the price level is 5, then what will be the country’s real output?
(05.05 MC) Which of the following statements explains the ef…
(05.05 MC) Which of the following statements explains the effects of crowding out in an economy over the long run?
(05.07 MC) Which of the following policy initiatives is most…
(05.07 MC) Which of the following policy initiatives is most likely to increase economic growth?
(03.02 MC) If the multiplier that affects the GDP of a count…
(03.02 MC) If the multiplier that affects the GDP of a country in response to a change in its taxes is −3, then what is the country’s marginal propensity to save?