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Macrohohohohooh

Authored by Vinh Đức

English

University

Used 2+ times

Macrohohohohooh
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15 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is an example of a capital input?

Money

Shares of stock

Long-term bonds

Hammer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an assumption associated with the definition of a production function?

Technology remains constant.

 Both inputs and outputs are measured in monetary units.

The function shows the maximum level of output possible with a given combination of inputs.

 All units of the inputs are homogeneous.

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Income paid to factors is called:

value added

 net exports

 the current account (CA)

 the current account (CA)

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

 With the price of output is 60$, the real rental rate is 420$. What is the real rental wage?

50

60

70

80

5.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

C = Co + MPC.(...)

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Why are transfer payments not included in government purchases?

these payments allow the recipients to buy goods and services, which then are counted as consumption

these payments are illegal

these payments cannot be used after transfering

no correct answer

7.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

When T > G, government budget is ... and public saving is positive.

(The answer starting with letter S)

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