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Subject - Economics:

Macroeconomics

MCQ - 43-4053

Question:

A nation’s economic growth can be seen as a(n)

  1. increase in the SRAS curve.
  2. increase in the AD curve.
  3. increase in the LRAS curve.
  4. increase in the AD curve.
  5. increase in the short-run Phillips curve.

Correct Answer: C

Explanation:

An increase (or rightward shift) in the LRAS curve represents economic growth because this shows an increase in full employment real GDP.

Record Performance

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

Read the MCQ statement: A nation’s economic growth can be seen as a(n) , 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. 43-4053.

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.

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