Tag: Economics – Others

virtues are
Characteristics of moral excellence
Examinations of moral behavior
What communities find desirable, important and morally proper.
Characteristics of moral failure

Which of the following causes a movement along a supply curve?Question 38 options:a change in technologya change in resource costsa change in the priceall of the above

What are the limitations of using econometric methods to test economic theories, and how can these limitations affect the validity of conclusions drawn from the analysis?

Which of the following refers to income adjusted for the cost of living?
GDI
GEM
PPP
HDI
GDP per capita

Question 4
taxation is present when marginal (additional) tax rates increase with additional income.
Options
progressive
regressive
proportional
marginal

Which of these is notincluded in an employer’s payroll tax expense?
Federal unemployment taxes
Federal income taxes
F.I.C.A. (social security) taxes
State unemployment taxes

A compound tariff permits a specified amount of goods to be imported at one tariff rate while any imports above thisamount are subjected to a higher tariff rate.TrueFalse
Select an answer
True
False

Question: 5. Solve the utility maximization problem for a consumer with the following preferences (for full credit you must show your work and state

(I) If the unemployment rate is 8 percent, the unemployed number of people is 1000, α=5 percent and the output gap is 200 then what is inflation deviation? (5 points)

Which of the following is what we prefer for a good economy?
A. constant price level
B. zero inflation
C. low inflation
D. deflation (price continuously decreases)