Multiple Choice
The foreign trade multiplier also known as the:
A) Acceleration
B) employment multiplier
C) Income multiplier
D) export multiplier .
Correct Answer:

Verified
Correct Answer:
Verified
Q15: In the market period, market supply curve
Q16: Marginal revenue curve under imperfect competition is<br>A)Upward
Q17: Average revenue curve under perfect competition is<br>A)Upward
Q18: If price is equal to average cost,
Q19: Above the BP curve BoP is:<br>A)surplus<br>B)Deficit<br>C)Either Surplus
Q20: A perfectly competitive firm gets only normal
Q21: Marginal revenue curve under perfect competition is<br>A)Upward
Q22: Equilibrium price is determined under perfect competition
Q23: Perfect competition prevails when the demand for
Q25: Uniform price is a feature of<br>A)Perfect competition<br>B)Monopoly<br>C)Monopolistic