Economic Growth & Productivity-Growth Policies [AP (Advanced Placement) Macroeconomics]: Questions 1 - 5 of 87

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Question 1

Appeared in Year: 2013 (NET)

Question

MCQ▾

Which is the better measure of welfare? (December)

Choices

Choice (5)Response

a.

National Income

b.

Gross National Product

c.

Per Capita Income

d.

Per Capita Disposable Income

e.

None of the above

Question 2

Appeared in Year: 2013 (NET)

Question

MCQ▾

The Model of Managerial Enterprise is associated with (Dec)

Choices

Choice (5)Response

a.

Baumol

b.

Scitorsky

c.

R. A. Gordan

d.

R. Marris

e.

All of the above

Question 3

Appeared in Year: 2013 (NET)

Question

MCQ▾

What does change in economic growth? (December)

Choices

Choice (5)Response

a.

Mindsets of people

b.

Structure of economy

c.

National Income

d.

Question does not provide sufficient data or is vague

e.

All of the above

Question 4

Appeared in Year: 2014 (NET)

Question

MCQ▾

Inventors of HDI are

I. Harris-Todaro

II. Megnad Desai

III. Robert Solow

IV. Amartya Sen (June)

Choices

Choice (5)Response

a.

I and II are correct.

b.

III and IV are correct.

c.

I and III are correct.

d.

II and IV are correct.

e.

Question does not provide sufficient data or is vague

Question 5

Appeared in Year: 2014 (NET)

Question

MCQ▾

The full capacity growth rate in Harrod-Domar Model is also known as (June)

Choices

Choice (5)Response

a.

Actual growth rate

b.

Natural growth rate

c.

Expected growth rate

d.

Warranted growth rate

e.

None of the above

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