Practice Exam 1 Question 1) Ex Ante values are called Answers Option 1 Planned values Option 2 Actual values Option 3 Realized values Option 4 Actual and realised values Feedback Correct. You look smart ! Wrong click Incorrect selection Wrong click Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 2) MPS is 0.25, then multiplier is Answers Option 1 1 Option 2 0.75 Option 3 1.33 Option 4 4 Feedback Wrong click Incorrect selection Wrong click Wow ! Correct selection Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3) MPC + ___ = 1 Answers Option 1 MPC Option 2 MPS Option 3 MEC Option 4 None of these Feedback Wrong click Wow ! Correct selection Incorrect selection Wrong click Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 4) At equilibrium AD = __ Answers Option 1 DD Option 2 C Option 3 I Option 4 AS Feedback Wrong click Incorrect selection Wrong click Well done ! Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 5) C = 20 + 0.8Y, if income = 100, then consumption will be Answers Option 1 10 Option 2 80 Option 3 100 Option 4 20 Feedback Wrong click Incorrect selection Wow ! Correct selection Wrong click Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 6) MPC is 0.8, then MPS is Answers Option 1 1 Option 2 .2 Option 3 2 Option 4 .8 Feedback Wrong click Correct selection. You are smart ! Incorrect selection Wrong click Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7) Change in graph due to the change in parameters is called Answers Option 1 Parametric shift Option 2 Movement along the curve Option 3 Expansion Option 4 Contraction Feedback Wow ! Correct selection Wrong click Incorrect selection Wrong click Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8) y = a + bx is a Answers Option 1 Linear equation Option 2 Radical equation Option 3 Rational equation Option 4 None of these Feedback Well Done ! Correct selection Wrong click Incorrect selection Wrong click Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9) MPS = 1 - ___ Answers Option 1 MEC Option 2 MPC Option 3 MPS Option 4 Consumption Feedback Wrong click Congrats ! Correct option Wrong click Incorrect selection Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10) Find odd-one Answers Option 1 Consumption demand Option 2 Investment demand Option 3 Derived demand Option 4 Government demand Feedback Wrong click Incorrect selection Wow ! Correct selection Wrong click Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback)
