Macroeconomics UE Past Papers Questions.
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(1563) Question Category: True OR False According to Okun`s law there is no relationship between GDP and unemployment Answer / Solution Unlock |
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(1564) Question Category: True OR False Real GDP is not influenced by the production function. Answer / Solution Unlock |
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(1565) Question Category: True OR False A high marginal propensity to consume (MPC) reduces the effectiveness of public (government) spending as a tool for influencing output in a given economy. Answer / Solution Unlock |
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(1566) Question Category: True OR False The government spending multiplier depends on the MPC. Answer / Solution Unlock |
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(1567) Question Category: True OR False A contractionary monetary policy decreases the interest rate and hence decreases the output in the short run. Answer / Solution Unlock |
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