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Macroeconomics
Discuss with examples, ANY FIVE (5) types of unemployment that exist in your country.
Macroeconomics
Explain the term, unemployment and describe how it is measured
Macroeconomics
Define Gross Domestic Product (GDP) and discuss the problems associated with GDP as a measure of an economy`s total production
Macroeconomics
An international gold standard system was re-established in the late 1920s, as other countries
followed the UK’s lead and made their own currencies convertible again (though not necessarily
at their pre-war rates). Discuss the factors that contributed to the system’s collapse in 1931.
followed the UK’s lead and made their own currencies convertible again (though not necessarily
at their pre-war rates). Discuss the factors that contributed to the system’s collapse in 1931.
Macroeconomics
Can you tell me the name of economic model?
USD/CAD (1-year) = z + a(INT) + b(GDP) + c(IGR)
USD/CAD (1-year) = z + a(INT) + b(GDP) + c(IGR)
Macroeconomics
A decrease in the tax rate in the keynesian model will...
1)shift the aggregate spending curve downwards
2)shift the consumption curve upwards
3)swivel the consumption curve downwards
4)swivel the aggregate spending curve upwards
1)shift the aggregate spending curve downwards
2)shift the consumption curve upwards
3)swivel the consumption curve downwards
4)swivel the aggregate spending curve upwards
Macroeconomics
Which of the following statements is correct about the keynesian model with a government sector?
1)a decrease in interest rate will lead to a decrease in the equilibrium level of income.
2)an increase in consumption spending will lead to a decrease in investment spending.
3)an increase in the tax rate will lead to an increase in the equilibrium level of income.
4)an increase in the marginal propensity to save will lead to a decrease in the equilibrium level of income.
1)a decrease in interest rate will lead to a decrease in the equilibrium level of income.
2)an increase in consumption spending will lead to a decrease in investment spending.
3)an increase in the tax rate will lead to an increase in the equilibrium level of income.
4)an increase in the marginal propensity to save will lead to a decrease in the equilibrium level of income.
Macroeconomics
Complete the following sentence. Investment spending will...if the...decreases.
1)increase;tax rate
2)decrease;government spending
3)remain unchanged;level of income
4)remain unchanged;interest rate
1)increase;tax rate
2)decrease;government spending
3)remain unchanged;level of income
4)remain unchanged;interest rate
Macroeconomics
Which of the following statements is correct regarding consumption and saving in the Keynesian mode?
1) If autonomous consumption decreases, consumption spending will remain the same, Ceteris paribus.
2) An increase in consumption spending will result in a proportional increase in saving.
3) If the initial income is zero, the total consumption will be equal to total saving.
4) If total consumption exceeds total income, this is an indication of dissaving.
1) If autonomous consumption decreases, consumption spending will remain the same, Ceteris paribus.
2) An increase in consumption spending will result in a proportional increase in saving.
3) If the initial income is zero, the total consumption will be equal to total saving.
4) If total consumption exceeds total income, this is an indication of dissaving.
Macroeconomics
Explain why the illustration of realtors not maximizing sales price for sellers would be an economic topic.
