Macroeconomics Practice Quiz

10 Questions  I  By Muhammadakram on August 28, 2008
This practice quiz is designed to measure your undersatanding of Macroeconomics.

  

Question Excerpt

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1.  Diffrence between Real and Nominal GDP is 
A.
B.
C.
D.
2.  GDP Deflator is used to
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3.  GDP is  market value of all the final goods
A.
B.
C.
D.
4.  When comparing nation's economic position with other one should see its
A.
B.
C.
D.
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5.  Verticle intercept of consumption function indicates
A.
B.
C.
D.
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6.  In consumption function c=a+by
A.
B.
C.
D.
7.  In Keynesian Framework Income is measured along
A.
B.
C.
D.
8.  If investment is exogenous to the Income determination model it can be shown as
A.
B.
C.
D.
9.  In closed economy GDP equals
A.
B.
C.
D.
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10.  In the model Y=C+I+G and C=a+by Where b=0.8 , the expenditure multplier is
A.
B.
C.
D.
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