Economics Mcqs
Which crop is affected by the disease called blast ?

A. Rice
B. Wheat
C. Sugarcane
D. None of the above

Which one of the following fertilizers contains a high percentage of nitrogen ?

A. Urea
B. Ammounium nitrate
C. Calcium nitrate ammonium
D. None of these

In the classical model, potential output cannot be increased by ?

A. Monetary growth
B. Better technology
C. More capital
D. Higher labor supply

At the intersection of AD and AS equilibrium is achieved in ?

A. The goods market
B. The money markets
C. The labor markets
D. All of these

The quantity theory of money says that changes in ____lead to equivalent changes in ____ but have no effect on ______?

A. Prices, wages, output and employment
B. Output prices, employment
C. Nominal money, the price level, output and employment
D. Nominal money output prices

The Phillips curve shows the trade-off between _____ and _____?

A. The inflation rate, interest rates
B. The inflation rate, the unemployment rate
C. Interest rates, output
D. Output, employment

The Short run Phillips curve can shift in response to changes in ?

A. Inflationary expectations
B. Unemployment
C. The inflation rates
D. Wage rates