Stocks & Surplus Economics Mcqs
MCQ: An increase in the budget deficit will ?
- raise the real interest rate and decrease the quantity of loanable funds demanded for investment
- lower the real interest rate and increase the quantity of loaable funds demanded for investment
- raise the real interest rate and increase the quantity of loandable funds demanded for investment
- lower the real interest rate and decrease the quantity of loanable funds demanded for investment
Releted Questions
Stocks & Surplus Economics Mcqs
MCQ: Consumer surplus is the area ?
- below the demand curve and above the price.
- above the supply curve and below the price.
- above the demand curve and below the price.
- below the supply curve and above the price.
- below the demand curve and above the supply curve
A
MCQ: If a buyer’s willingness to pay for a new Honda is Rs20,000 and she is able to actually buy it for Rs18,000 her consumer surplus is ?
- Rs18,000
- Rs20,000
- Rs2,000
- Rs0.
C
MCQ: Suppose there are three identical vases available to be purchased. Buyer 1 is willing to pay Rs30 for one, buyer 2 is willing to pay Rs25 for one, and buyer 3 is willing to pay Rs20 for one. If the price is Rs25, how many vases will be sold and what is the value of consumer surplus in this market ?
- Three vases will be sold, and consumer surplus is Rs80
- One vase will be sold, and consumer surplus is Rs5.
- One vase will be sold, and consumer surplus is Rs30
- Three vases will be sold, and consumer surplus is Rs0.
- Two vases will be sold, and consumer surplus is Rs5.
E
MCQ: If a benevolent social planner chooses to produce more than the equilibrium quantity of a good, then ?
- the value placed on the last unit of production by buyers exceeds the cost of production
- the cost of production on the last unit produced exceeds the value placed on it by buyers.
- consumer surplus is maximized
- total surplus is maximized
- producer surplus is maximized
B
MCQ: Total surplus is the area_______________?
- above the supply curve and below the price
- below the demand curve and above the price
- below the demand curve and above the supply curve
- below the supply curve and above the price
- above the demand curve and below the price
C