Who is the father economics?
A) Alfred Marshal B) John Hicks C) Adam Smith D) William Shakespeare
Close economy means that there is no ————— in country:
A) Saving B) Investment C) Trade D) Market
What does PI stand?
A) Product Income B) Permanent Income C) Personal Income D) None of …
What does NI stand?
A) National Income B) Natural Income C) Neutral Income D) …
NNP stands for what?
A) Net Natural Product B) Net Nautical Product C) Net National Product …
What does GNP stand?
A) Gross Neutral Product B) Gross Natural Product C) Gross National Product D) …
What does GDP stand?
A) Grand Domestic Product B) Great Domestic Product C) Gross Domestic Product D) …
An economic model is consist of —————– variables:
A) Endogenous variables B) Stock variables C) Exogenous variables D) …
Endogenous variables are ———— variables:
A) Dependent variables B) Independent variables C) Neutral D) Constant
Stock variable is measured:
A) in time period B) in interval of time C) At point in time D) None …