vu eco403 Final Term - Quiz No.4
vu eco403 Macroeconomics Quiz
This quiz belongs to book/course code vu eco403 Macroeconomics of vu organization. We have 22 quizzes available related to the book/course Macroeconomics. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 1: __________ is defined as the number of rupees held by the public.
Quantity of money
Velocity of money
Supply of money
Demand for money
Question 2: Which of the following plays the most important role in increasing the rate of growth in real GDP per capita over time?
Increases in labor productivity
Increases in the money supply
Decreases in the level of inflation
Increases in the real rate of interest
Question 3: Macro-economic disequilibrium exists when:
Aggregate exports are not equal to aggregate imports
Aggregate supply is not equal to aggregate demand
Aggregate expenditure is not equal to tax revenue
Aggregate saving is not equal to aggregate investment
Question 4: Which one is NOT a factor of production?
Land
Labor
Capital
Investment
Question 6: The housing price determines the flow of which of the following?
Gross investment
Residential investment
Depreciation investment
Inventory investment
Question 7: Consumer preferences regarding consumption in the two periods can be represented by:
Indifference curves
Intertemporal budget constraint
Consumption function
LM Curve
Question 8: __________ that deals with the economy as whole.
Micro economics
Macro economics
Development economics
Mathematical economics
Question 9: Which of the following is NOT a flow variable?
Disposable personal income
Consumption expenditures
Personal wealth
Gross domestic product
Question 10: Macroeconomics is concerned with which of the following?
Only changes in the overall price level
Only long-run trends in economic activity
Both long-run and short-run fluctuations in the economy
Only short-run fluctuations in the business cycle
