SEM108 2025/04 Tee Chee Lip
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A retired person is classified as
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The inflation rate is a measure of how fast:
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If the consumption function is given by C = 150 + 0.85Y and Y increases by 1 unit, then savings:
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If consumers purchase fewer of those products that increase most in price and more of those products that decrease in price as compared to the CPI basket, then changes in the CPI
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All of the following are types of macroeconomics data except the:
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A company named Home Depot sells new and used doors to contractors who build new homes. Home Depot also sells new and used doors to homeowners. Which of the following would be counted in GDP?
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In a small economy, gross investment in 2012 is $1500, consumption spending is $6000, net investment is $200, government spending is $1500, exports are $2000 and imports are $1000. What is GDP for this economy in 2012?
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Assume that between 2012 and 2013, the CPI of a country rose from 182 to 185. If household incomes rose by 3 per cent during that period of time, then which of the following is true?
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A typical trend during a recession is that:
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If the number employed is 11 million, the number unemployed is 0.6 million, and the working-age population is 16 million, then the labour force participation rate is:
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