An outward shift in the Marginal Efficiency of Capital should ?

A. Decrease consumption
B. Increase aggregate demand
C. Reduce aggregate supply
D. Slow economic growth

The accelerator assumes ?

A. The marginal propensity to consume is constant
B. The economy is at full employment
C. There is a constant relationship between net investment and the rate of change of output
D. The multiplier is constant

When an economy first begins to grow more slowly ?

A. Gdp increase
B. Inflation is likely to increase
C. Stock levels are likely to increase
D. Investment in equipment is likely to increase

An increase in the marginal propensity to consume will ?

A. Increase the size of the multiplier
B. Increase the marginal propensity to save
C. Decrease national income
D. Reduce injections into the economy

As income increase ?

A. The average propensity to consume gets nearer in value of the marginal propensity to consume
B. The average propensity to consume diverges in value from the marginal propensity to consume
C. The average propensity to consume falls
D. The average propensity to consume always approaches 0

Lower interest rates are likely to ?

A. Decrease consumption
B. Increase cost of borrowing
C. Encourage saving
D. Increase spending

In a recession, GDP ?

A. Grows negatively
B. Grows slowly
C. Grows by 0%
D. Grows rapidly

Labour Productivity measures ?

A. The output per worker
B. The output per machine
C. Total output
D. Marginal output

Economic growth can be seen by an outward shift of ?

A. The production possibility frontier
B. The gross domestic barrier
C. The marginal consumption frontier
D. The minimum efficient scale

If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the marginal propensity to consume is what ?

A. 0.8
B. 800
C. 810
D. 0.81