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Economics Test ...

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  • Question 1
    5 / -1

    What does the term ceteris paribus mean?

  • Question 2
    5 / -1

    The government budget is an

  • Question 3
    5 / -1

    Point out a demerit of fixed exchange rate

  • Question 4
    5 / -1

    What does the presence of unemployment in an economy indicate according to macroeconomics?

  • Question 5
    5 / -1

    The ‘lender of last resort’ means.

  • Question 6
    5 / -1

    The level of equilibrium income is determined by

  • Question 7
    5 / -1

    The government budget shows the government’s

  • Question 8
    5 / -1

    Point out a demerit of flexible exchange rate

  • Question 9
    5 / -1

    What fundamental shift did Keynes’ book introduce to economics?

  • Question 10
    5 / -1

    When the bank rate increases the demand for loans _______:

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