Economics Mcqs — Test 88

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Question 1

Two of the major factors contributing to growth are ?

Question 2

Equilibrium in the circular flow of income occurs when ?

Question 3

Total withdrawals from the circular flow of income include ?

Question 4

Indicate below what is NOT a main macroeconomic goal ?

Question 5

According to the classical economists, the only gainers from growth would be ?

Question 6

The percentage of the labor force that is unemployed is the ?

Question 7

The index used most often to measure inflation is the?

Question 8

It has become conventional classify a recession as a period where national output falls for _________ or more?

Question 9

Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?

Question 10

Aggregate demand in an economy trading internationally with a government sector can be written as ?