Post Utme Economics Past Questions and Answers

Question 591:

The demand for money will rise if ____________

A. Real GDP rises
B. The GDP Deflator rises
C. Real interest rates fall
D. People expect deflation soon
E. Mone of the above

Question 592:

An increase in the money supply causes ____________

A. Interest rates to fall, investment spending to rise, and aggregate demand to rise
B. Interest rates to rise. investment spending to rise. and aggregate demand to rise
C. Interest rates to rise. investiment spending to fall, and aggregate demand to fall
D. Interest rates to fall, investment spending to fall, and aggregate demand to fall
E. All of the above

Question 593:

According to the monetarists. in the long-run, the Phillips Curve is ____________

A. Vertical
B. Downward-sloping
C. Horizontal
D. Up-ward-sloping
E. Bend

Question 594:

The demand for money will fall if ____________

A. Real GDP rises
B. The GDP Deflator rises
C. Real interest rates rise
D. People expect deffation soon
E. All of the above

Question 595:

Which of the following is not a reason for having mixed economy?

A. To provide merit goods
B. To provide pavements
C. To encourage pollution
D. To provide street lighting
E. None of the above