--%>

State microeconomic

Choose microeconomic statement from following A) The real domestic output increased by 2.5 percent last year. B) Unemployment was 6.8 percent of the labor force last year. C) The price of personal computers declined last year. D) The general price level increased by 4 percent last year.

   Related Questions in Microeconomics

  • Q : Net revenues problem When your firm

    When your firm generates ski boats, your net revenues from selling given numbers of ski boats would be influenced least by: (1) Raised prices for jet skis. (2) Pay hikes for dock-workers. (3) Government increasing fees for boat licenses. (4) Vacatione

  • Q : Ecomomics Which one of the following

    Which one of the following statements about discretionary fiscal policy is correct? A. Discretionary fiscal policy refers to changes in taxes and government expenditures made by Congress to stabilize the economy. B. Discretionary fiscal policy refers to any change in government spending or taxes

  • Q : Problem on numbers of Buyers Even when

    Even when each household’s demand curve didn’t shift, the market demand for the butter would increase if there were a raise in: (1) House-hold income. (2) People’s preferences for the butter. (3) Population. (4) Price of margarine.

  • Q : Problem Regarding to Contestable Markets

    Even though the concentration ratio for an oligopoly is close to hundred, firms may operate rather efficiently when the market: (1) price conforms to a limit pricing model. (2) is contestable since entry and exit are easy. (3) demand curve is unitaril

  • Q : Pricing strategy In a competitive

    In a competitive pricing strategy how does one can arrive for a multi-service practice where there are no specific products in question?

  • Q : Minimum value of investment multiplier

    Minimum value of investment multiplier: Investment multiplier K=1/1-mpcWhen mpc = 0 then K=1/1-0 = 1 that is the minimum value of investment multiplier

  • Q : Definition of Consumer Surplus The

    The difference among the price a consumer would have been eager to pay for the commodity and the price consumer really has to pay is termed as: (i) Gain. (ii) The substitution effect. (iii) The income effect. (iv) Consumer surplus.

  • Q : Types of measurement in Metrics Types

    Types of measurement in Metrics: A) Nominal: a nominal scale assigns items to a category. For example, the category may be a simple "yes" or "no." In the case of a family, a nominal scale

  • Q : Reason of Financial Intermediation The

    The fundamental reason for financial intermediary’s presence is to: (1) Facilitate beginning new business firms by employing internal financing. (2) Help business organizations comply with laws needing the financial intermediation. (3) Minimize

  • Q : Income of Development and Distribution

    The extent of equality within the income distribution of a country seems to depend most heavily upon the degree of: (w) economic development in the country. (x) progress towards national socialism. (y) central economic planning. (z) fertility of the a