Multiple Choice
The conventional objective for economic growth is best described by which one of the following?
A) Economic growth should be stable and satisfactory
B) Economic growth should be as fast as possible
C) Economic growth should be at an average rate that is close to long-term potential
D) Economic growth should be stable at 2.5 per cent
Correct Answer:
Verified
Correct Answer:
Verified
Q5: What are the main costs associated with
Q6: The late American economist Milton Friedman's contribution
Q7: Economic growth refers to an increase in
Q8: Why is it important to control inflation?
Q9: Which one of the following is not
Q11: The famous British economist John Maynard Keynes
Q12: Which two of the following are characteristics
Q13: Macroeconomics is concerned with the study of
Q14: Which two of the following are examples
Q15: Low and stable inflation is an important