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An item that is intrinsically valueless is-------------.
Select correct option:
Commodity money.
Precious metals.
Fiat money.
Barter items.
_____________that deals with the economy as whole.
Select correct option:
Micro economics.
Macro economics.
Development economics.
Mathematical economics.
Which of the following is the formula of unemployment rate?
Select correct option:
Labor Force/Population
Unemployed / Employed + Unemployed
Employed + Unemployed
Labor Force + Not in Labor Force
If 10% of employed workers lose their jobs (s= 0.1) and 10% of unemployed worker
find new jobs (f=0.1),the natural rate of unemployment will be-------------Select correct option:
1
0.5
0.2
0.1
In the solow model there is -------type of capital.
Select correct option:
One
Two
Three
Four
Which of the following will shift the LM curve?
Select correct option:
A change in debt.
A change in direct taxes.
A change in money supply.
A change in government expenditure.
An increase in the costs of production of commodity “X” will:
Select correct option:
Shift demand outwards
Shift demand inwards
Shift supply outwards
Shift supply inwards
Trade policy is --------on output under-----------exchange rate.
Select correct option:
More effective; real
More effective; floating
More effective; real
Totally ineffective; floating
The ---------refers to the separation of ------and ----------- variables
Select correct option:
Classical dichotomy; real; nominal
Keynes dichotomy; dependent; independent
Classical dichotomy; exogenous; endogenous
Classical dichotomy; real wages; real
Your nominal capital gain in year 2007 is 7%. If inflation rate in this year is also
7% then what will be your real capital gain?
Select correct option:
0%
1%
100%
1
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