Question
Offered Price $10.00

KAPLAN MT445 UNIT 7 QUIZ LATEST 2016 FEBRUARY

Question # 00234458
Subject: Economics
Due on: 05/02/2016
Posted On: 04/02/2016 12:02 AM

Rating:
4.1/5
Expert tutors with experiences and qualities
Posted By
Best Tutors for school students, college students
Questions:
37120
Tutorials:
37077
Feedback Score:

Purchase it
Report this Question as Inappropriate
Question

1. Question : The size of the underground economy would tend to decrease if the government of a country

decreased government regulations on businesses.

made over-the-counter drugs illegal.

increased income tax rates.

increased business taxes.

Question 2. Question : The informal sector can be a significant drag on the economies of developing countries because the firms in the informal sector

produce goods and services no one wants.

sell their goods and services to citizens in other countries.

tend to be smaller and have less capital than firms acting legally.

employ illegal immigrants from other countries.

Question 3. Question : The GDP deflator is the

difference between real GDP and nominal GDP multiplied by 100.

difference between nominal GDP and real GDP multiplied by 100.

ratio of real GDP to nominal GDP multiplied by 100.

ratio of nominal GDP to real GDP multiplied by 100.

Question 4. Question : Long-run economic growth requires all of the following except

technological change.

increases in capital per hour worked.

government provision of secure property rights.

political instability.

Question 5. Question : If consumers decide to be more frugal and save more out of their income, then this will cause

a shift in the supply for loanable funds to the right.

a shift in the supply for loanable funds to the left.

a movement along the supply for loanable funds curve to the right.

a movement along the supply for loanable funds curve to the left.

Question 6. Question : Which of the following will increase investment spending in the economy, all else being equal?

an increase in the federal government surplus

an increase in the budget deficit

an increase in consumer dissavings

an increase in transfer payments

Question 7. Question : Extensive economic growth ________ output per worker at a(n) ________ rate due to diminishing marginal returns.

increases; decreasing

decreases; decreasing

increases; increasing

decreases; increasing

Question 8. Question : In a small European country, it is estimated that changing the level of capital from $8 million to $10 million will increase real GDP from $2 million to $3 million. What level of GDP would you expect the economy to be able to reach if spending on capital continued to rise to $12 million, assuming no technological change and no change in the hours of work?

GDP would increase further, but by less than $1 million.

GDP would increase further by exactly $1 million.

GDP would increase further by more than $1 million

GDP would increase further by exactly $4 million.

Question 9. Question : Barry Eichengreen published a book that argues that Europe's early post WWII growth was not sustainable because

Europe is good at "extensive" growth but not "intensive" growth.

Europe is good at "intensive" growth but not "extensive" growth.

Europe is good at finding new products and new ways of doing things.

Europe is not very good at producing more of what it already knows how to make.

Question 10. Question : When additions of input to a fixed quantity of another input lead to progressively smaller increases in output, we say we are facing

diminishing returns.

negative returns.

accelerating returns.

decreasing production.

Tags 0 february latest quiz mt445 unit kaplan question increase real million good europe supply nominal growth government increases decreasing capital loanable returns spending smaller decreases change movement ratio multipliedby economic gdpmultiplied difference following economy left technological funds

Tutorials for this Question
Available for
$10.00

KAPLAN MT445 UNIT 7 QUIZ LATEST 2016 FEBRUARY

Tutorial # 00229666
Posted On: 04/02/2016 12:02 AM
Posted By:
Best Tutors for school students, college students echo7
Expert tutors with experiences and qualities
Questions:
37120
Tutorials:
37077
Feedback Score:
Report this Tutorial as Inappropriate
Tutorial Preview …increase xxxx GDP xxxx $2 million xx $3 million xxxx level xx xxx would xxx expect the xxxxxxx to be xxxx to xxxxx xx spending xx capital continued xx rise to xxx million, xxxxxxxx xx technological xxxxxx and no xxxxxx in the xxxxx of xxxxx xxxxxxx Answer: xxx would increase xxxxxxxx but by xxxx than xx xxxxxxx GDP xxxxx increase further xx exactly $1 xxxxxxx GDP xxxxx xxxxxxxx further xx more than xx million GDP xxxxx increase xxxxxxx xx exactly xx million Comments: xxxxxxxx 9 Question x Barry xxxxxxxxxxx xxxxxxxxx a xxxx that argues xxxx Europe's early xxxx WWII xxxxxx xxx not xxxxxxxxxxx because Student xxxxxxx Europe is xxxx at…
Attachments
KAPLAN-MT445-UNIT-7-QUIZ-LATEST-2016-FEBRUARY.docx (60 KB)
Preview: firms xx the xxxxxxxx sector Student Answer: produce xxxxx and services xx one xxxxx xxxxxxxxxxxx their xxxxx and services xx citizens in xxxxx countries xxxxxxxxxxxx xx be xxxxxxx and have xxxx capital than xxxxx acting xxxxxxx xxxxxxxxxxxxxx illegal xxxxxxxxxx from other xxxxxxxxx  Comments:Question 3 Question xxxx GDP xxxxxxxx xx the Student xxxxxxxxxxxxxxxxxxxxx between real xxx and nominal xxx multiplied xx xxx   difference xxxxxxx nominal GDP xxx real GDP xxxxxxxxxx by xxx xxxxxxxxxxxxx of xxxx GDP to xxxxxxx GDP multiplied xx 100 xxxxxxxxxxxxx xx nominal xxx to real xxx multiplied by xxx  Comments:Question 4 xxxxxxxx xxxxxxxxx economic xxxxxx requires all xx the following xxxxxxxxxxxxxxxxx Answer: technological xxxxxx xxxxxxxxxxxxxxxxx.....
Purchase this Tutorial @ $10.00 *
* - Additional Paypal / Transaction Handling Fee (3.9% of Tutorial price + $0.30) applicable
Loading...