Import function describes the relation between income and:
A) export B) Import C) Labor D) Tariff
What is the relation between demand for money and interest?
A) Positive B) Negative C) Neutral D) All of these
What is the relationship between supply of labor and real wages?
A) Positive B) Neutral C) Negative D) None of these
Production function describes the relationship between labor and what?
A) Investment B) Interest C) Income D) Output
According to prof. Clark investment is the function of:
A) Cost B) Price C) Income D) Interest rate
What is the relationship between saving and income?
A) Negative B) Neutral C) Positive D) None of these
There is —————- relationship between consumption and income:
A) Neutral B) Positive C) Negative D) None of these
Which school of thought is against government intervention in economy?
A) Monetarist macro economist B) Keynesian macro economist C) Economic …
Keynesian prefer ————— over monetary policy for macroeconomic stabilization:
A) Trade Policy B) Health policy C) Market policy D) Fiscal policy
What was the major issue of economy?
A) Output B) Unemployment C) Inflation D) All of these