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SLHL33 questions · 22 topics
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A government sells a state-owned railway company to private investors and removes licensing rules that limited entry into rail freight. The... [1]
Ainterventionist supply-side policies to raise potential out...
Bmarket-based labour market reforms to reduce wage costs.
Cdemand-side policies to increase aggregate demand.
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Browse by topic 22
011.2: The role of the economist as a social scientist
3 questionsPractice
022.2: Supply
2 questionsPractice
032.5: Government intervention in markets
2 questionsPractice
042.8: Market power
2 questionsPractice
053.2: Aggregate demand and aggregate supply
2 questionsPractice
063.3: Macroeconomic objectives
2 questionsPractice
073.4: Fiscal policy
2 questionsPractice
083.6: Supply-side policies
2 questionsPractice
094.4: Economic integration
2 questionsPractice
105.5: The role of foreign investment and aid in development
2 questionsPractice
111.1: The foundations of economics
1 questionsPractice
121.3: The methodology of economics
1 questionsPractice
132.1: Demand
1 questionsPractice
142.3: Competitive market equilibrium
1 questionsPractice
153.1: Measuring economic activity
1 questionsPractice
163.5: Monetary policy
1 questionsPractice
174.1: International trade
1 questionsPractice
185.1: Understanding economic development
1 questionsPractice
195.2: Differences in economic development between countries
1 questionsPractice
205.4: The role of international trade in development
1 questionsPractice
215.6: The role of international debt
1 questionsPractice
225.7: The balance between self-reliance and external influences
1 questionsPractice

02 Questions

33
All typesMCQWritten
A report contains 40 statements. 14 of these statements contain value judgements about what governments ought to do. The remaining statements are testable against data. How many...MCQA consumer chooses between two lunch options with identical prices. She selects the option giving her the greater satisfaction. Which assumption of rational economic decision-ma...MCQThe supply function for a good is Q_s = -20 + 4P , where P is in dollars. The government then grants producers a subsidy of \$5 per unit. The new supply function isMCQIn a national electricity transmission market, one firm's average cost falls continuously up to a scale equal to total market demand. A new entrant would need to duplicate the e...MCQIn an economy, the price level rises while real output falls. Which change caused this?MCQAn economy is producing at a point inside its production possibilities curve. Firms then bring idle machinery back into use and re-employ workers, raising output. On an AD/AS di...MCQA government sells a state-owned railway company to private investors and removes licensing rules that limited entry into rail freight. These measures are examples ofMCQWith one unit of resources, Country X produces 60 tonnes of wheat or 30 cars. With one unit of resources, Country Y produces 40 tonnes of wheat or 40 cars. What is Country X's o...MCQFour countries sign an agreement that lowers tariffs on each other's exports below the rates applied to all other trading partners. Tariffs between the four are not removed enti...MCQFour countries form a trading bloc. Tariffs on goods traded between members are removed. Each member keeps its own tariff schedule on imports from non-members. Labour and capita...MCQA country reports rising real GDP per capita, falling maternal mortality, higher secondary school enrolment for girls and expanded access to clean water. These outcomes are trac...MCQA developing country receives a multilateral loan on the condition that it cuts public sector wages and privatizes state utilities. Over time, government budgets are planned aro...MCQA developing country's external debt is denominated in US dollars. Its currency depreciates by 20% against the US dollar, with all other variables unchanged. Which change occurs...MCQA low-income country raises tariffs on imported textiles, builds state-funded rural roads and subsidizes domestic clothing manufacturers. These measures are an example ofMCQDefineDefine the term ceteris paribus. [2]WRITTEN[2]DefineDefine the term aggregate demand. [2]WRITTEN[2]DefineDefine the term opportunity cost. [2]WRITTEN[2]DefineDefine the term anchoring. [2]WRITTEN[2]DefineDefine the term consumer surplus. [2]WRITTEN[2]DefineDefine the term joint supply. [2]WRITTEN[2]DefineDefine the term consumer surplus. [2]WRITTEN[2]StateState two consequences of a price ceiling. [2]WRITTEN[2]DefineDefine the term "price ceiling". [2]WRITTEN[2]DefineDefine the term natural monopoly. [2]WRITTEN[2]ListList two leakages from the circular flow. [2]WRITTEN[2]StateState two components of aggregate demand. [2]WRITTEN[2]ListList two automatic stabilizers. [2]WRITTEN[2]StateState two automatic stabilizers. [2]WRITTEN[2]DefineDefine the term quantitative easing. [2]WRITTEN[2]DefineDefine the term privatization. [2]WRITTEN[2]ListList two components of HDI. [2]WRITTEN[2]DefineDefine the term tariff escalation. [2]WRITTEN[2]DefineDefine the term tied aid. [2]WRITTEN[2]
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