AP (Advanced Placement) Macroeconomics: Questions 4 - 7 of 750

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Question 4

Appeared in Year: 2013 (NET)

Question

MCQ▾

The endogenous growth theory seeks to provide explanation for which of the following determinants of growth that the Solow՚s model did not explain (December)

Choices

Choice (5)Response

a.

Technical Progress

b.

Labour Growth

c.

Role of the government in promoting growth

d.

All a., b. and c. are correct

e.

None of the above

Question 5

Appeared in Year: 2014 (NET)

Question

MCQ▾

The practice of charging each consumer the reservation price is called (June)

Choices

Choice (5)Response

a.

Third degree price discrimination

b.

Peak load pricing

c.

Inter-temporal price discrimination

d.

First degree price discrimination

e.

All of the above

Question 6

Appeared in Year: 2014 (NET)

Question

MCQ▾

Which of the following is not a characteristic feature of the Phillip curve? (June)

Choices

Choice (5)Response

a.

The Price expectations are adaptive

b.

There is a loop around Phillips curve

c.

The price expectations are static

d.

The unemployment rate, when money wage stabilizes, is percent

e.

Question does not provide sufficient data or is vague

Question 7

Appeared in Year: 2017 (NET)

Question

MCQ▾

A forward shifted tax will affect

Choices

Choice (5)Response

a.

Buyers more than sellers

b.

Sellers more than buyers

c.

Government revenues negatively

d.

Buyers and sellers equally

e.

All of the above

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