LG.1. and LO.1.1. All before mid exam

Human capital per labour determine the labour productivity.

LG.1. and LO.1.1. All before mid exam

People with different income will experience price pressure

that is different from government inflation rate reports.

LG.1. and LO.1.1. All before mid exam

There are three motive of holding money. The amount of money

available for transactions motive will be affected by interest rates because

people will reduce their spending and increase their investments.

LG.1. and LO.1.1. All before mid exam

Suppose that the central bank require reserve requirement

equal to 5%. Considering that the economy is slowing down, the bank will

LG.1. and LO.1.1. All before mid exam

When money supply

grow alongside money demand, what happen to the interest rates?

LG.1. and LO.1.1. All before mid exam

If the tax compliance is low, the government can print money

to finance its spending. The results of the government action

i The tax compliance is increased.

ii All the tax payer paying taxes in the form higher

inflation rate.

Which statement is correct?

LG.1. and LO.1.1. All before mid exam

Eventhough there were alternatives to measure population

welfare, GDP still the most widely accepted measures of population welfare.

Cobb Douglas production were a function of total factor

productivity, capital, and labour. Countries that considered emerging mostly

rely on labour. Variable that have largest weight should be

LG.1. and LO.1.1. All before mid exam

Stagnant share of manufacturing sector for GDP growth not

necessarily imply lower manufacturing productivity.

Government could increase people disposable income that worked

in informal sector by

i.                   

ii.                  

iii.                

Choose the correct answer