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ECO203 Quiz Questions

Author:
January 1st, 2018

1.).364px;=”” collapse;=”” 12px=””>The value of net exports is a positive number in the national income accounts when (Points : 1) net investment exceeds capital consumption.capital consumption exceeds net investment. imports exceed exports. exports exceed imports.national income exceeds personal income.2.).364px;=”” collapse;=”” 12px=””>The turning points of the business cycle are called (Points : 1) nadirs and zeniths. expansions and contractions. peaks and valleys. peaks and troughs. tops and bottoms.3.) .364px;=”” collapse;=”” 12px=””>Which of the following rise(s) during a recession and fall(s) during the expansionary phase of the business cycle? (Points : 1) input prices output interest rates unemployment

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