Economics

Which type of unemployment occurs when people are out of work because they are transitioning between jobs?

What is the primary goal of development economics?

What is the name of the economic theory that suggests government spending can stimulate economic growth during a recession?

Which of the following is not considered a measure of economic development?

In the context of development economics, what does FDI stand for?

What does the "Lewis Model" describe in development economics?

Which of the following is not a component of the informal economy?

Which organization provides loans and financial assistance to developing countries?

Which theory of development focuses on the idea that economic growth should improve the quality of life for all members of society?

What is the primary goal of microfinance institutions?

In the context of development economics, what does HDI stand for?

Which theory suggests that countries should specialize in producing goods in which they have a comparative advantage?

Which of the following is not a characteristic of a developing country?

What does the Gini coefficient measure?

What is the main focus of the Harrod-Domar model?

Which development indicator is often used to measure access to education?

What is the term for the practice of lending money to governments or individuals in developing countries at high-interest rates and unfavorable terms?

Which type of economic growth benefits all income groups in a society?

Which region is known for the "East Asian Miracle" in terms of economic development?

Which of the following is not a characteristic of a less developed country (LDC)?

Which of the following is an example of a lag in fiscal policy?

Which of the following is a measure of the total value of all income earned by residents of a country, excluding income earned abroad?

Which of the following is a characteristic of the Keynesian economic theory?

What is the term for the total value of all final goods and services produced by a country's residents, regardless of where they are located?

What is the term for the situation in which an economy is producing below its potential output?

Which of the following is an example of an expansionary fiscal policy?

What is the term for a sustained decrease in the general price level of goods and services in an economy?

Which of the following is an example of an automatic stabilizer in fiscal policy?

The natural rate of unemployment is sometimes referred to as the:

Which of the following is a measure of the change in the price level of a basket of goods and services over time?

Which of the following is a measure of the total value of all income earned by residents of a country, excluding income earned abroad?

What is the term for a situation where the government's expenditures are equal to its revenues in a given year?

What is the term for the percentage of the labor force that is not employed but is actively seeking employment?

In the Solow growth model, what is the primary driver of long-term economic growth?

Which of the following is a measure of the total value of all final goods and services produced in an economy, adjusted for inflation?

What is the term for the total value of all final goods and services produced by a country's residents, regardless of where they are located?

Which of the following is a measure of the total value of all final goods and services produced in an economy in a given period of time?

Which of the following is a tool of fiscal policy that automatically stabilizes the economy during economic downturns?

Which of the following is an example of a contractionary monetary policy?

Which of the following is an example of a leading economic indicator?