Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Choose the correct answer only (without explanation) ?What does Cash Reserve Ratio control.3 (2 ) Liquidity Inflation Both are correct Both are wrong What is

Choose the correct answer only (without explanation)

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

?What does Cash Reserve Ratio control.3 (2 ) Liquidity Inflation Both are correct Both are wrong What is the main difference between GNP and 5 ?NNP 2 (2 ) GNP is before deducting depreciation NNP is after deducting depreciation Both are correct Both are wrong If the price of a good is expected to rise in the .6 future, the current demand for the good increases. Why? Choose the most suitable option (2) .Consumers get future credit Consumers wait for the future rise in the .price .Consumers like to take price advantage Consumers fear present rise in price Wages in the mining sector and the rate of 7 inflation are examples of .........and ..respectively 2) (2 ) Employment and Inflation Demand and supply Macro and micro economics Micro and macroeconomics The larger the population, the greater is the .8 ?demand for all goods. Why (2) Increased competition Reasonable price Increased communication Increased consumption Which of the following is not a cause of rise in .9 ?aggregate demand (2) Level of government expenditure Consumer demand Investment by firm Country's imports ? How does a natural disaster affect supply.10 2) (2 ) Supply will increase Demand will decrease Both are correct Both are wrong For an economy as a whole, income must .11 equal expenditure because every transaction has a buyer and a seller and every dollar of spending by .a buyer is a dollar of income for a seller For example, households sell labour to firms for OMR 10. What does the amount of OMR 10 ?represent in this context (2) An income for households An expenditure for firms Both are correct Both are wrong What corresponding return do households 12 ?receive in exchange of land 2) (2 ) Rent Profit Commission Wages Impossible choices of production possibilities .13 become possible when the choices are................ the frontier and inefficient ones become efficient when the choices are............... the frontier .RESPECTIVELY ( (2 ) Beyond, on On or within, within Within, on On or within, on Which of the following is not an aggregate .15 ?indicator of an economy (2) Inflation Unemployment rate National income Bank interest rate Which of the following do macroeconomic .16 ?policies influence 2 (2 ) Aggregate demand Pattern of economic activity Both are correct Both are wrong A fall in the price of a good in production leads .17 to an increase in the demand of its ....goods (2) Normal Inferior Substitute Complimentary Most government policies aim either to enlarge .19 the .......................or to change how the pie is Which of the following is ?correspondingly right (2 (2 ) Divided, economic pie Market, undivided Pie, divided Economic pie, divided

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Managing Business Information Preliminary Edition Volume I

Authors: Thomas L. Albright , Robert W. Ingram

1st Edition

0324061625, 978-0324061628

More Books

Students also viewed these Accounting questions

Question

=+vii. Bullet points to emphasize important ideas.

Answered: 1 week ago