Miscellaneous Economics Mcqs

A. Shift the demand curve
B. Shift the supply curve
C. Do noting
D. All of the above

A. Karl Marx
B. Adam Smith
C. John Maynard Keynes
D. Milton Friedman

A. business cycles are caused by insufficient supply
B. a decline in aggregate supply is responsible for economic downturns
C. an increase in aggregate supply causes output and employment to decline
D. none of the above

A. the supply side of the market
B. the demand side of the market
C. both sides of the market
D. the global market

A. people employed in new enterprises
B. employees capable of manipulating data words and visual images
C. psychologists with advanced degrees
D. only A and B

A. Productivity has increased in the decade of the 1990
B. Blue-collar workers have suffered layoffs
C. Downsizing has created a new style of employment
D. All of the above are true

A. steel workers
B. routine services
C. personal services
D. All but A

A. decreasing taxes on consumers
B. increasing spending
C. decreasing taxes on firms
D. none of the above

A. establishing minimum reserve requirements of member banks
B. the discount rate it charges member banks
C. buying and selling government securities
D. all of the above

A. it takes a long time to pay off debts
B. budget deficits are funded with borrowed money
C. the U.S government never borrows money from foreign governments
D. none of the above