x
Select Test Select Question Types

Subject - Economics:

Macroeconomics

MCQ - 168-4178

Question:

Economic growth is best described as

  1. an increase in the production possibility curve and an increase in the natural rate of unemployment.
  2. an increase in the production possibility curve and a leftward shift in long-run aggregate supply.
  3. a decrease in the production possibility curve and a rightward shift in long-run aggregate supply.
  4. an increase in the production possibility curve and a leftward shift in long-run aggregate supply.
  5. an increase in the production possibility curve and a rightward shift in long-run aggregate supply.

Correct Answer: E

Explanation:

When a nation’s productive capacity increases, the PPC and long-run AS curves both shift rightward.

Previous Question
Next Question
Back to Section

Record Performance

269 MCQ for effective preparation of the test of Macroeconomics of Economics section.

Read the MCQ statement: Economic growth is best described as , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 168-4178.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

Share This Page

Full Films
Full Films
TV Serials
TV Serials
Short Films
Short Films
Upcoming Films
Upcoming Films