WorksheetsEasy Peasy Economics
Total questions: 11
Worksheet time: 6mins
In the classical macro system, money determines ?
Employment
Real Output
All of the above
None of these
Concept of surplus value is developed by who?
J Schumpeter
Karl Marx
J R Hicks
RA Fisher
When nominal GDP is 11000 crore rs and real GDP is 10000 crores rs, GDP deflator is?
9.09
90.91
1.11
110
According to Keynesions, ccreeping inflation will help in?
Minimising unemployment
Maximising real output
All of the above
None of the above
Which of the following is not a credit rating agency?
Moody
Fitch
Standard and Poor
Nasdaq
Which of the following is not used to measure inflation?
WPI
CPI
Purchasing power parity
GDP deflator
According to Keynes, the aggregate supply curve during depression?
Is horizontal
Is vertical
Tilts downward to the right
Tilts upward to the right
Which of the following is the inferior good?
Kerosene
Cooking gas
Electricity
Chemical fertilizers
If a linear consumption function passes through the origin it means?
APC>MPC
APC<MPC
APC=MPC
APC=MPC=0
Which of the following would be an example of human capital?
The amount of workers who work in a Nike factory
The skills of the shoe designers at Nike
Philip Knight, the CEO of Nike
The land that the Nike headquarters is located on in Beaverton Oregon
