筛选结果 共找出63

Mr Smith has a limited income which restricts the number of different goods he can buy. Which one of the following best describes the position at which Mr Smith's utility from purchasing different goods is maximised?

A

Marginal utility from each good is equal

B

Marginal utility from each good is 0

C

Ratio of marginal utility to price is equal for each good

Monetary policy is a government economic policy relating to:

1 Interest rates

2 Taxation

3 Public borrowing and spending

4 Exchange rates

Which of the above are correct?

A

1 and 4

B

 2 and 3

C

2 and 4

D

3 and 4

Which of the following organisations might benefit from a period of high price inflation?

A

An organisation which has a large number of long-term payables

B

An exporter of goods to a country with relatively low inflation

C

A large retailer with a high level of inventory on display and low rate of inventory turnover

Which of the following are the goals of macroeconomic policy?

1 Encouraging economic growth

2 Low unemployment

3 Achievement of a balance between exports and imports

4 Achieving zero inflation

A

1 and 2

B

2 and 3 

C

2, 3 and 4

D

1, 2 and 3

Which of the following is an example of cyclical unemployment?

A

The entry of school leavers into the labour pool each year

B

Lay-offs among agricultural labourers in winter

C

Automation of ticketing services in tourism

D

Recession in the building industry

A surplus on the balance of payments usually refers to a surplus or deficit on the account.Which word correctly complete this statement?

A

Current

B

Capital

C

Financial

 Northland, Southland, Eastland and Westland are four countries of Asia. The following economic statistics have been produced for the year 2007.


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Which country experienced stagflation in the relevant period?

A

Northland

B

Southland

C

Eastland

D

Westland

____economic growth is determined by supply-side rather than by demand side factors.Which word correctly completes this statement?

A

 Actual

B

Potential

C

National

In a free market economy, the price mechanism:

A

Aids government control

B

Allocates resources

C

Measures national wealth

The supply curve of a firm operating in a competitive market is its

A

Marginal cost curve above the average variable cost curve

B

Marginal cost curve above the average total cost curve

C

Average total cost curve beyond the point where the marginal cost curve cuts it from below

D

Average variable cost curve below the average revenue curve