tough and highly challenging multiple-choice questions on the IS-LM model
1. **IS Curve Shifting**: Question: What happens to the IS curve in the IS-LM model if there is an increase in government spending while ...
1. **IS Curve Shifting**: Question: What happens to the IS curve in the IS-LM model if there is an increase in government spending while ...
1. **Price Elasticity of Demand**: Question: If the price of a luxury item increases by 20%, and the quantity demanded decreases by 10%...
tough and highly challenging multiple-choice questions on elasticity of supply and demand: 1. **Price Elasticity of Demand**: Question: I...
challenging multiple-choice questions on demand and supply, and if you'd like more, please let me know. Here are the first 5 questions...
21. **Consumer Preferences and Inferior Goods**: Question: In the case of an inferior good, what happens to the quantity demanded whe...
challenging multiple-choice questions on income and substitution effects, and if you'd like more, please let me know. Here are the firs...
Practical and challenging questions on consumer theory, budget constraints, indifference curves, equilibrium of a consumer in a single-commo...