1. Which of the following is not an assumption of the simple Keynesian model ? (a). We are in the short -run (b).Prices are constant (c).Output is demand -determine (d). Output is supply -determine (e). Aggregate output equals planned expenditure. 2. Which of the following is not one of the principal economic goals for the economy ? (a). Economic growth (b).Stable prizes (c). Strong national defense (d). Full employment (e). A strong cedi 3. Which is not a cause for business cycles considered by macroeconomists. (a). Greed (b) variations in optimism (c) shocks to money supply (d) shocks to technological ability
1. Which of the following is not an assumption of the simple Keynesian model ?
(a). We are in the short -run
(b).Prices are constant
(c).Output is demand -determine
(d). Output is supply -determine
(e).
2. Which of the following is not one of the principal economic goals for the economy ?
(a).
(b).Stable prizes
(c). Strong national defense
(d). Full employment
(e). A strong cedi
3. Which is not a cause for business cycles considered by macroeconomists.
(a). Greed (b) variations in optimism (c) shocks to money supply (d) shocks to technological ability
4. Which of the following question is of most interest for
(a). Why do foreigners immigrate to Ghana.
(b).What is the appropriate stance of antitrust policy
(c)Why is there inflation
(d). What does the steel industry wants to tariffs
5. Which of the following statement is true ?
(a). Final goods as produce in the same year as the related final good ,whereas capital goods produce in different year .
(b). Capital goods are produce one year and final good are produce over a period of more than one year.
(c). Intermidiate goods as re type of capital goods.
(d). Capital goods are not final goods because they are used up in the same period I which they are produce.
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