3/1/22, 1:32 PM SIBM PUNE: Macroeconomics Quiz 4- Dr.

Manasi Phadke

SIBM PUNE: Macroeconomics Quiz

4- Dr. Manasi Phadke
MBA SEM II(2021-23) Batch

Points: 8/10

1. PRN *

21020141169

2. Name of the Student *

Ram Chandan Murmu

3. The mpc of Japan is much lower than that in the USA. Hence, [Choose]
(1/1 Point)

• The US witnesses recessions and recoveries very quickly

• Japan tends to have longer and slower growth swings around growth path

• Japan witnesses very slow recoveries

• All of the given options 

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3/1/22, 1:32 PM SIBM PUNE: Macroeconomics Quiz 4- Dr. Manasi Phadke


4. If the Government spending in Country A is double that of Country B and all
other variables including the mpc and tax rate are the same, then, in a 3-sector
economy, the multiplier in A [Choose]
(0/1 Point)

• Will be double that of B

• Will be more than double of B

• None of the given options 

• Will be less than double of B

5. Which of the following is NOT associated with the Great Depression? [Choose]
(1/1 Point)

• Gramm-Leach-Bliley Act 

• Public Libraries

• Social Security Scheme

• The Federal Deposit Insurance Scheme

6. In an economy, the mpc stands at 0.5 and the tax rate is 20%. If the investment
is increased by Rs.100 crore, the income of the economy will increase by
[Choose]
(1/1 Point)

• 200 crores

• 166 crores 

• 150 crores

• 100 crores

7. Assess, using the 3-sector Keynesian multiplier, the impact on income of an

economy when the investment increases by 1 Re. [Choose]
(1/1 Point)
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3/1/22, 1:32 PM SIBM PUNE: Macroeconomics Quiz 4- Dr. Manasi Phadke

•𝑐α𝐺
•α
•𝑐α
•α𝐺 

8. Which of the following is true of investment multipliers [Choose]

(1/1 Point)

• Investments are always done in multiples of Rs.1 lakh crores

• Investment multipliers associated with Capex tend to be higher than those


associated with transfers

• Investment multiplier leads to multiple investments in the economy

• Investments multiply when the Government declares an expansive budget


9.  

The current GDP of an economy with an mpc of 0.5 is Rs.100 lakh crores. The
economy targets a growth rate of 14%. In a 2-sector scenario, by how much
should the investment change in order to achieve target? [Choose]
(0/1 Point)

• 6 lakh crores

• 5 lakh crores

• 8 lakh crores

• 7 lakh crores 

10. Which of the following variables best describe PM-KISAN? [Choose]

(1/1 Point)

• TA

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3/1/22, 1:32 PM SIBM PUNE: Macroeconomics Quiz 4- Dr. Manasi Phadke

• TR 

• G

• Y

11. Determine which of the following policy actions was undertaken under the
Smoot Hawley Act [Choose]
(1/1 Point)

• Social security was introduced

• Banking regulations were strengthened

• Deposit insurance scheme was launched

• Imports were banned 

12. If the mpc in Country A is double that of Country B and all other variables are
the same, then, in a 2-sector economy, the multiplier in A [Choose]
(1/1 Point)

• Will be more than double of B

• Depends on the mpc 

• Will be less than double of B

• Will be double that of B

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