True or False Questions
Question 1
The key deterrent of wage flexibility are the frictions in the labour market.
Select one:
True
False
Question 2
In the Cramer’s rule, the determinant of A matrix is never used.
Select one:
True
False
Question 3
Normally, it is possible to generate long-run economic growth with investment policy.
Select one:
True
False
Question 4
At best, the total factor productivity can be estimated, but is unobserved in data.
Select one:
True
False
Question 5
In fixed exchange rate system, inflation is controlled through exchange rate policy.
Select one:
True
False
Question 6
The direct effect of COVID19 on any economy would be reduced capital productivity.
Select one:
True
False
Question 7
Inflation expectations guide the stance of monetary policy in the short run.
Select one:
True
False
Question 8
The short run aggregate supply can be understood using Phillips curve.
Select one:
True
False
Question 1
True
Question 2
False
Question 3
False
Question 4
False
Question 5
True
Question 6
True
Question 7
True
Question 8
True
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