Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
1. Below is the list of internal factors in macroeconomy except
a. Inflation rate
b. Gross domestic product
c. Interest rate
d. Exchange rate
2. Following is a monetary variable except
a. Interest rate
b. Money supply
c. Exxhange rate
d. Gross Domestic Product
3. Money demand and money supply can influence which item in the income statement.
a. Interest expenses
b. Expenditure
c. Gross profit
d. Net income
4. Inflation can cause bribery. Bribery will increase
a. Cost of doing business
b. Unemployment
c. Wastage
d. Productivity
5. Inflation can influence the following except
a. Tax
b. Interest expenses
c. Advertisement cost
d. Cost of good sold
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