AP (Advanced Placement) Macroeconomics: Questions 68 - 71 of 750

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Question 68

Appeared in Year: 2014 (NET)

Question

MCQ▾

According to the monetary approach, a revaluation of a nation՚s currency (June)

Choices

Choice (5)Response

a.

Increases the nation՚s demand for money

b.

Reduces the nation՚s demand for money

c.

Reduces the nation՚s supply of Money

d.

Increases the nation՚s supply of money

e.

All of the above

Question 69

Appeared in Year: 2017 (NET)

Question

MCQ▾
Image Shows the Labour Supply Immigration

The gain in profit income from an increase in immigration according to this diagram is:

Choices

Choice (5)Response

a.

The area BDL′L

b.

The area of WBDW

c.

The areas WBDW ‘and FDL’ L together

d.

The areas of WBFW and FDL′L together

e.

All of the above

Question 70

Appeared in Year: 2017 (NET)

Question

MCQ▾

In the entry prevention model of Bain, firms charge premium over:

Choices

Choice (5)Response

a.

Lowest average cost

b.

Short period competitive price

c.

Long period competitive price

d.

None of the above

e.

All of the above

Question 71

Appeared in Year: 2017 (NET)

Question

MCQ▾

Which of the following is considered as leakages in the force of the multiplier?

Choices

Choice (5)Response

a.

Higher propensity to import

b.

Higher marginal propensity to save

c.

Both a. and b. are correct

d.

None of the above

e.

Question does not provide sufficient data or is vague

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