Economics with Sanath Withanage

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  • National Income

    2017 A/L Economics – Past Paper MCQ 22

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    April 17, 2026

    Question: Which of the following expenditures would be included in the calculation of gross fixed…

  • Inflation

    2017 A/L Economics – Past Paper MCQ 23

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    April 17, 2026

    Question: Suppose GDP of a country in current prices increased by approximately 8% between one…

  • Macroeconomic Equilibrium

    2017 A/L Economics – Past Paper MCQ 24

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    April 17, 2026

    Question: An increase in which of the following may result in a decrease in aggregate…

  • Macroeconomic Equilibrium

    2017 A/L Economics – Past Paper MCQ 25

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    April 17, 2026

    Question: Assume that in a closed economy, the aggregate consumption function is C = 200…

  • Fiscal Policy

    2017 A/L Economics – Past Paper MCQ 26

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    April 17, 2026

    Question: Economy is at Y = 3000. Full employment is at Y = 4000. MPS…

  • Money and Banking

    2017 A/L Economics – Past Paper MCQ 28

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    April 17, 2026

    Question: What is meant by ‘the value of money’? (1) The amount of goods and…

  • Macroeconomic Policy

    2017 A/L Economics – Past Paper MCQ 29

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    April 17, 2026

    Question: An inflationary gap could be reduced by (1) an increase in government spending. (2)…

  • Inflation

    2017 A/L Economics – Past Paper MCQ 30

    admin
    April 17, 2026

    Question: What will be the probable effects of an increase in the Value Added Tax…

  • Money and Banking

    2017 A/L Economics – Past Paper MCQ 32

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    April 17, 2026

    Question: Suppose you deposit Rs. 10000 in your deposit account in a commercial bank. If…

  • Monetary Policy

    2017 A/L Economics – Past Paper MCQ 33

    admin
    April 17, 2026

    Question: Which of the following happens when the Central Bank reduces its policy interest rate?…

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