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Entrance model exams / Economics model exam

Economics model exam, Economics 2016 E.C/2024 G.C Entrance Model Exam

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Question 70

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Labor force equals

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Question 71

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Under floating exchange rate system, a fall in the value of currency in terms of foreign currency is called---------.

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Question 72

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If you hear a person saying ``I lost my job because I was replaced by a machine, `` you should conclude that this person is _________ unemployed.

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Question 73

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Excess demand is controlled by ------

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Question 74

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One of the inflation rates is correct based on the following data: the current date CPI 30% and past date CPI is 25%.

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Question 75

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A per unit tax solution for negative externality is proposed for the first time by:

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Question 76

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What do Classical economists believe?

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Question 77

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Free riding can occur if a good is:

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Question 78

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Factors for shift in the AD curve include:

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Question 79

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The situation where one side of the market cannot observe the action of the other is known as -----.

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