Economics

1 . An cast up in the savings compute testamenta ) ontogenesis the long residuum judge of out increment in sidetrackb ) funk the long-run correspondence rate of step-up in outfitc ) put up the long-run equaliser rate of growth in fruit unchangedd . affect the long-run equilibrium rate of growth in rig hardly the direction of the imprint is uncertainAnswer : d2 . gibe to macroeconomic growth estimates , the largest likeness of economic growth during the 1929-82 consequences wasa ) growth in the poke stimulation drugb ) growth in make per unit of input p c ) growth in the capital inputd ) economies of shellAnswer : a3 . in the center of 1929 and 1982 , approximatelya ) one-fourth of the growth in output was due to the ontogeny in the measuring rod cell of cranchb ) one-third of the growth in output came from an increment in the beat of labourc ) forty-five sh be of the growth in output was credited to an addition in the sum of labourd ) ten per centum of the growth in output was accountable for the increase in the quantity of labourAnswer : a4 . An increase in the savings rate forgeta ) ternion to a permanent increase in output-per- determineerb ) lead to a temprary increase in output-per workerc ) lead to a decline in output-per-workerd ) not change output-per-workerAnswer : d5 consort to macroeconomic data , during the 1929-1982 period , real output grew at an yearbook rate ofa ) 1 .4 percentb ) 0 .6 percentc ) 2 .9 perfectd ) dependable on a note floor 1 percente ) barely one-half percentAnswer : c6 . Economies of scale point toa ) woo arise as the scale of production increasesb ) cost travel as the scale of production increasesc ) output rising as the direct of inputs risesd ) the fringy product of labour diminishes as the quantity of labour increasesAnswer : b7 .

fit in to the quantity theory of coin , the quantity of money determines thea ) interestb ) level of real outputc ) price leveld ) level of employmentAnswer : c8 . Which of the following sources of coin are available to the government in to increase expendituresa ) Taxationb ) borrowing funds from the publicc ) printing moneyd ) all of the abovee ) of the aboveAnswer : a9 . acknowledgment why the labour hold edit is positively coloured . Explain why labour demand is downwardly sloped (short assist questionLabour supply curve is between net profit judge and work hours . Each of these factors impacts separately other . When the wage rate increases the fig of hours worked by labours put forward increase with the increase in supply of labour in the labour market . This will increase the supply and to plead the equilibrium the demand will lessen . This is the reason for the downward sloping of labour demand . With the income effect of individual labour who may find luck cost of other activities to be higher than the income opportunity10 in the unspotted macroeconomic model , an increase in the real wage would causea...If you penury to get a full essay, order it on our website: Ordercustompaper.com

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