KINDLY REFER TO CHAPTER 6 OF THE COMPREHENSIVE VIDEO LECTURES AND READ THE TOPICS BELOW BEFORE YOU ATTEMPT THE QUESTIONS THAT FOLLOW.
|
|
|
- Amice Wilkinson
- 5 years ago
- Views:
Transcription
1 KINDLY REFER TO CHAPTER 6 OF THE COMPREHENSIVE VIDEO LECTURES AND READ THE TOPICS BELOW BEFORE YOU ATTEMPT THE QUESTIONS THAT FOLLOW. CIS ECONS LEVEL 2 WEEK 12 QUESTIONS TOPIC: ECONOMIC POLICIES OBJECTIVE QUESTIONS 1. A combination of measures designed to control money supply and credit availability in the economy to achieve macroeconomic objectives is called The control of a country s money supply and monetary policy is the primary responsibility of the A. Ministry of Finance B. Commercial Banks C. Development Banks STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 1
2 D. Monetary Policy Committee E. Central Bank 3. The two fiscal instruments as used by government are (a) Revenue and expenditure (b) Cost and benefits (c) Price and income (d) Expenditure and taxation. 4. The locus of combination of income level and interest rate that yields equilibrium in the goods market is called 5. The locus of combination of income level and interest rate that yields equilibrium in the money or financial market is called STARRY GOLD ACADEMY , , Page 2
3 6. In a closed economy, which of these is the most likely immediate effect of monetary expansion: A. A rightward shift of the L-M curve B. A leftward shift of the I-S curve C. A rightward shift of the I-S curve D. A leftward shift of the L-M curve 7. Deficit spending by the government is best described as: A. Expansionary fiscal policy. B. Expansionary monetary policy. C. Contractionary fiscal policy. D. Contractionary monetary policy. 8. The policy of intervening in the exchange market to offset temporary fluctuations in the exchange rate is referred to as: A. Flexible exchange rate system. B. Fixed exchange rate system. STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 3
4 C. Arbitrated float. D. Managed or dirty float. 9. shows the combination of interest rate and income levels where saving investment equality takes place so that product market of the economy is in equilibrium the (A) IS schedule (B) LM Schedule (C) IS LM Schedule. 10. The slope of the I S curve is in nature (A) Upward STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 4
5 (B) Downward (C) Increasing (D) Decreasing 11. curve shows the various combinations of interest rate and levels of income at which the demand and supply of money are equal (A) IS (B) LM (C) IS LM (D) IM LM. STARRY GOLD ACADEMY , , Page 5
6 12. The policy tool used by product market to achieve equilibrium is called. (A) Monetary policy (B) Fiscal policy (C) Monetary - Fiscal Policy (D) Policy Mix 13. The policy tool used by money market to achieve equilibrium is called (A) Monetary policy (B) Fiscal policy (C) Monetary Fiscal policy STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 6
7 (D) Policy Mix. 14. An expansionary monetary policy means that the LM curve shifts to the (A) Left (B) Right (C) Centre (D) Middle 15. A contractionary monetary policy implies that the LM curve shift to the (A) Left STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 7
8 (B) Right (C) Centre (D) Middle 16. An expansionary fiscal policy means that the I S curve shifts (A) Upward (B) Downward (C) Centre (D) Middle STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 8
9 17. The control measure by CBN to give a form of gentle appeal to the commercial banks as to the kind of lending policy then should be adopt is called (a) Bank rate (b) Special deposit (c) Special directive (d) Moral suasion 18. The IS-LM diagram details the simultaneous determination of equilibrium values of the interest rate and the level of national income as a result of conditions in the: A. Money and capital markets. B. Goods and bond markets. C. Security and financial markets. STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 9
10 D. Goods and money markets 19. The use of government spending and taxes to affect aggregate demand and aggregate supply is called: A. Monetary policy. B. Fiscal policy. C. Expenditures policy. D. Aggregate expenditure 20. The simultaneous use of economic policies to achieve simultaneous equilibrium in national income and interest rate is A. fiscal policy B. monetary policy C. policy mix D. commercial policy 21. The IS-LM model is a theoretical construct that integrates: A. Labour market and money market. STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 10
11 B. Labour market and bond market. C. Commodity market and bond market. D. Commodity market and money market. 22. The imposition of high income tax by government to cut down demand is known as A) Monetary policy B) Budgetary policy C Fiscal policy D) Internal policy E) Development policy. 23. An expansionary monetary policy can: STARRY GOLD ACADEMY , , info@starrygoldacademy.com, Page 11
12 A. Cause the rate of interest to rise. B. Raise the level of household wealth. C. Lower the cost of borrowing. D. Decrease consumption of durable goods. THEORY 1. What do you understand by the term- Economic policy? 2. Itemize the major policies commonly adopted by government to achieve broad macroeconomic goals and objectives in economic literatures 3. What is fiscal policy? Enumerate its basic objectives 4. What is monetary policy? Enumerate its basic objectives. 5. Distinguish clearly between fiscal policy and economic policy. 6. What do you understand by policy mix? STARRY GOLD ACADEMY , , Page 12
13 STARRY GOLD ACADEMY , , Page 13
KINDLY REFER TO CHAPTER 2 A, B & C OF THE COMPREHENSIVE VIDEO LECTURES AND READ THE TOPICS BELOW BEFORE YOU ATTEMPT THE QUESTIONS THAT FOLLOW.
KINDLY REFER TO CHAPTER 2 A, B & C OF THE COMPREHENSIVE VIDEO LECTURES AND READ THE TOPICS BELOW BEFORE YOU ATTEMPT THE QUESTIONS THAT FOLLOW. CIS ECONS LEVEL 2 WEEK 2 TOPIC: THEORY OF UTILITY. Definition.
STARRY GOLD ACADEMY , , Page 1
CIS ECONS LEVEL 1 WEEK 2 TOPIC: THEORY OF UTILITY. Definition. Types. Basic concepts of Utility. Approaches to the study of Utility. Law of Diminishing marginal utility. Consumer equilibrium STARRY GOLD
BREAK-EVEN ANALYSIS/COST-VOLUME-PROFIT
KINDLY REFER TO CHAPTER 7 OF THE COMPREHENSIVE LECTURES TO READ UP THE TOPIC BEFORE YOU ATTEMPT THE QUESTIONS BELOW FOR PROPER UNDERSTANDING AS THE TOPIC HAS BEEN DISCUSSED IN THE SAID VIDEO LECTURES.
TOPIC: INTRODUCTION TO PUBLIC SECTOR ACCOUNTING BASES OF PUBLIC SECTOR ACCOUNTING, ACCOUNTING CONCEPTS AND REGULATORY FRAMEWORK
ICAN PUBLIC SECTOR ACCOUNTING AND FINANCE SKILLS LEVEL TOPIC: INTRODUCTION TO PUBLIC SECTOR ACCOUNTING BASES OF PUBLIC SECTOR ACCOUNTING, ACCOUNTING CONCEPTS AND REGULATORY FRAMEWORK WEEK ONE QUESTIONS
Summary of Macroeconomic Models ECS2602 C O M P I L E D B Y S K E N N E D Y- PA L M E R & T U Y S ( R E V I S E D F E B R U A RY )
Summary of Macroeconomic Models ECS2602 C O M P I L E D B Y S K E N N E D Y- PA L M E R & T U Y S 2 0 1 5 ( R E V I S E D F E B R U A RY 2 0 1 6 ) Important information The purpose of this summary is to
Suggested Solutions to Assignment 3
ECON 1010C Principles of Macroeconomics Instructor: Sharif F. Khan Department of Economics Atkinson College York University Summer 2005 Suggested Solutions to Assignment 3 Part A Multiple-Choice Questions
OBJECTIVE QUESTIONS 1. Which of the following should NOT be the social objective of business organization?
BUSINESS AND FINANCE WEEK 1 TOPICS AND REVIEW QUESTIONS. TOPICS: 1. THE NATURE AND SCOPE OF BUSINESS 2. TYPES OF BUSINESS 3. PURPOSE AND OBJECTIVES OF BUSINESS 4. BUSINESS ORGANIZATIONS AND THEIR TYPES,
ICAN ADVANCE TAXATION WEEK THREE QUESTIONS TOPIC: TAX AUDIT AND INVESTIGATION
ICAN ADVANCE TAXATION WEEK THREE QUESTIONS TOPIC: TAX AUDIT AND INVESTIGATION Watch the video lecture chapter 12 before attempting any of the above questions in order to have a clear understanding of the
Fiscal policy in the AS-AD model. Screen 1
Fiscal policy in the AS-AD model Screen 1 In this presentation we look at the impact of fiscal policy in the short and medium run as reflected by AS-AD model. Make sure that you are familiar with the following:
Practice Test 1: Multiple Choice
Practice Test 1: Multiple Choice 1. If aggregate planned expenditure exceeds real GDP A. actual inventories decrease below their target. B. firms are not maximizing their profits. C. planned consumption
ECON 212 ELEMENTS OF ECONOMICS II
ECON 212 ELEMENTS OF ECONOMICS II Session 10 AGGREGATE DEMAND AND AGGREGATE SUPPLY Lecturer: Dr. Priscilla Twumasi Baffour; Department of Economics Contact Information: ptbaffour@ug.edu.gh College of Education
TOPIC: GOVERNMENT EXPENDITURE AUTHORIZATION, CONTROL & PREPARATION OF VOUCHERS AND TRANSCRIPTS
ICAN PUBLIC SECTOR ACCOUNTING AND FINANCE SKILLS LEVEL TOPIC: GOVERNMENT EXPENDITURE AUTHORIZATION, CONTROL & PREPARATION OF VOUCHERS AND TRANSCRIPTS WEEK THREE QUESTIONS NOV 2016 Kindly go through chapter
UNIT 4 READING GUIDES CHAPTERS 16-20
UNIT 4 READING GUIDES CHAPTERS 16-20 Take your own notes on the reading guides. You WILL be able to use them on the test BUT ONLY IF YOU DO ALL OF THEM. These will be turned in after the UNIT 4 TEST for
Econ 100B: Macroeconomic Analysis Fall 2008
Econ 100B: Macroeconomic Analysis Fall 2008 Problem Set #7 ANSWERS (Due September 24-25, 2008) A. Small Open Economy Saving-Investment Model: 1. Clearly and accurately draw and label a diagram of the Small
Objectives AGGREGATE DEMAND AND AGGREGATE SUPPLY
AGGREGATE DEMAND 7 AND CHAPTER AGGREGATE SUPPLY Objectives After studying this chapter, you will able to Explain what determines aggregate supply Explain what determines aggregate demand Explain macroeconomic
ECO 2013: Macroeconomics Valencia Community College
ECO 2013: Macroeconomics Valencia Community College Exam 3 Fall 2008 1. The most important determinant of consumer spending is: A. the level of household debt. B. consumer expectations. C. the stock of
5. An increase in government spending is represented as a:
Romer Section 1 1. The IS curve represents combinations of Y and r that: a. are consistent with equilibrium in the money market. b. are consistent with equilibrium in the goods market. c. are positively
ECS2602. Tutorial letter 201/1/2018. Macroeconomics. Department of Economics First semester ECS2602/201/1/2018
ECS2602/201/1/2018 Tutorial letter 201/1/2018 Macroeconomics ECS2602 Department of Economics First semester Answers to Assignment 01 Answers to Assignment 02 Answers to Self-assessment Assignment 04 BARCODE
Chapter 10 3/19/2018. AGGREGATE SUPPLY AND AGGREGATE DEMAND (Part 1) Objectives. Aggregate Supply
Chapter 10 AGGREGATE SUPPLY AND AGGREGATE DEMAND (Part 1) Objectives Explain what determines aggregate supply in the long run and in the short run Explain what determines aggregate demand Explain how real
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Econ 330 Spring 2015: FINAL EXAM Name ID Section Number MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Suppose a report was released today that
FISCAL POLICY. Objectives. Government Budgets. Balancing Acts on Parliament Hill. Government Budgets. Government Budgets CHAPTER
FISCAL POLICY 24 CHAPTER Objectives After studying this chapter, you will able to Describe how federal and provincial budgets are created Describe the recent history of federal and provincial expenditures,
Eastern Mediterranean University Faculty of Business and Economics Department of Economics Spring Semester
Eastern Mediterranean University Faculty of Business and Economics Department of Economics 2015-16 Spring Semester Duration: 90 minutes ECON102 - Introduction to Economics II Final Exam Type A 2 June 2016
TOPIC: SOURCES OF GOVT REVENUE & FUNCTIONS OF FINANCE OFFICERS
ICAN PUBLIC SECTOR ACCOUNTING AND FINANCE SKILLS LEVEL TOPIC: SOURCES OF GOVT REVENUE & FUNCTIONS OF FINANCE OFFICERS WEEK TWO QUESTIONS Kindly go through chapter 2 in the video lecture before you attempt
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Econ 330 Spring 2017: FINAL EXAM Name ID Section Number MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Tobin's q theory suggests that monetary
ECON 212: ELEMENTS OF ECONOMICS II Univ. Of Ghana, Legon Lecture 8: Aggregate Demand Aggregate Supply Dr. Priscilla T. Baffour
ECON 212: ELEMENTS OF ECONOMICS II Univ. Of Ghana, Legon Lecture 8: Aggregate Demand Aggregate Supply Dr. Priscilla T. Baffour Sections 1. Relaxing a Temporal Assumption Price Level is no longer fixed.
Topic 7: The Mundell-Fleming Model
Topic 7: The Mundell-Fleming Model Read: Ch.18.3-18.6. Outline: 1. Introduction. 2. The IS-LM-BP equilibrium. 3. Floating exchange rates 4. Fixed exchange rates. 5. The case of imperfect capital mobility
Part2 Multiple Choice Practice Qs
Part2 Multiple Choice Practice Qs 1. The Keynesian cross shows: A) determination of equilibrium income and the interest rate in the short run. B) determination of equilibrium income and the interest rate
University of Toronto July 21, 2010 ECO 209Y L0101 MACROECONOMIC THEORY. Term Test #2
Department of Economics Prof. Gustavo Indart University of Toronto July 21, 2010 SOLUTIONS ECO 209Y L0101 MACROECONOMIC THEORY Term Test #2 LAST NAME FIRST NAME STUDENT NUMBER INSTRUCTIONS: 1. The total
Tutorial letter 204/1/2016. Macroeconomics ECS2602. Department of Economics Semester 1. Answers to Assignment 04
ECS2602/204/1/2016 Tutorial letter 204/1/2016 Macroeconomics ECS2602 Department of Economics Semester 1 Answers to Assignment 04 Answers to Self-assessment Assignment 05 Dear student In this tutorial letter
6. The Aggregate Demand and Supply Model
6. The Aggregate Demand and Supply Model 1 Aggregate Demand and Supply Curves The Aggregate Demand Curve It shows the relationship between the inflation rate and the level of aggregate output when the
MONETARY POLICY. 8Topic
MONETARY POLICY 8Topic The Central Bank: CB The Federal Reserve System, commonly known as the Fed, is the central bank of the United States. A Central Bank (CB) is the public authority that, typically,
Introduction to Economics. MACROECONOMICS Chapter 2 Aggregate Demand and Aggregate Supply
Introduction to Economics MACROECONOMICS Chapter 2 Aggregate Demand and Aggregate Supply contents 2.1 2.2 2.3 2.4 2.5 2.6 Equilibrium of a National Economy Aggregate Demand and Consumption Expenditure
AP Macroeconomics. Scoring Guidelines
2018 AP Macroeconomics Scoring Guidelines College Board, Advanced Placement Program, AP, AP Central, and the acorn logo are registered trademarks of the College Board. AP Central is the official online
KING S UNIVERSITY COLLEGE. Economics 1022B (570 & 574) Review Questions for Chapter 27
KING S UNIVERSITY COLLEGE Economics 1022B (570 & 574) G. Copplestone Review Questions for Chapter 27 Multiple Choice Questions: 1) If the marginal propensity to consume is 0.85, what change in consumption
FEEDBACK TUTORIAL LETTER ASSIGNMENT 2 INTERMEDIATE MACRO ECONOMICS IMA612S
FEEDBACK TUTORIAL LETTER 2 nd SEMESTER 2017 ASSIGNMENT 2 INTERMEDIATE MACRO ECONOMICS 1 ASSIGNMENT 2 SECTION A [20 marks] QUESTION 1 [20 marks, 2 marks each] For each of the following questions, select
Disposable income (in billions)
Section 4 version 2 Multiple Choice Identify the choice that best completes the statement or answers the question. 1. An increase in the MPC: A. increases the multiplier. B. shifts the autonomous investment
Lecture 12: Economic Fluctuations. Rob Godby University of Wyoming
Lecture 12: Economic Fluctuations Rob Godby University of Wyoming Short-Run Economic Fluctuations Economic activity fluctuates from year to year. In some years, the production of goods and services rises.
Lecturer: Dr. Priscilla Twumasi Baffour, Department of Economics Contact Information:
MACROECONOMIC EQUILIBRIUM AND MONETARY POLICY Lecturer: Dr. Priscilla Twumasi Baffour, Department of Economics Contact Information: ptbaffour@ug.edu.gh College of Education School of Continuing and Distance
Econ / Summer 2005
Econ 3560.001 / 5040.001 Summer 2005 INTERMEDIATE MACROECONOMIC THEORY / MACROECONOMIC ANALYSIS FINAL EXAM Name (Last) (First) Signature Instructions The exam consists of 30 multiple-choice questions (Part
3 Macroeconomics SAMPLE QUESTIONS
MULTIPLE-CHOICE UNIT E07 Unit Summative Assessment Sample Multiple-Choice Questions Circle the letter of each correct answer. 1. Which of the following best describes aggregate supply? (A) The amount buyers
Economic 100B Macroeconomic Analysis Professor Steven Wood. Exam #2 ANSWERS
Name: SID: Discussion Section: GSI: Economic 100B Macroeconomic Analysis Professor Steven Wood Fall 2008 Exam #2 ANSWERS Please sign the following oath: The answers on this test are entirely my own work.
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Econ 105 Study Questions #2: The AD-AS model and Money and Banking From the Kennedy Text: Chapter 5 pp 95-96 Media Ex. #3, #5, #7 Chapter 6 pp 118 N1, N2, N3 Chapter 8 pp140-41 Media Ex. #2, #3, #7, #11,
Examination information
ECS2602/103/3/2018 Tutorial Letter 103/3/2018 Macroeconomics ECS2602 Semesters 1 & 2 Department of Economics Examination information How to answer macroeconomics questions Comments on the Oct/Nov 2015
STRATEGIC FINANCIAL MANAGEMENT WEEK 10 QUESTIONS TOPIC: BUSINESS VALUATION,MERGER AND ACQUISITION
STRATEGIC FINANCIAL MANAGEMENT WEEK 10 QUESTIONS TOPIC: BUSINESS VALUATION,MERGER AND ACQUISITION Kindly go through chapter 7 in the video lecture before you attempt the questions because the topic have
AQA Economics AS-level
AQA Economics AS-level Macroeconomics Topic 2: How the Macroeconomy Works 2.2 Aggregate demand and aggregate supply analysis Notes Aggregate demand is the total demand in the economy. It measures spending
Problem Set #5 Due in hard copy at beginning of lecture on Monday, April 8, 2013
Name: Solutions Department of Economics Professor Dowell California State University, Sacramento Spring 2013 Problem Set #5 Due in hard copy at beginning of lecture on Monday, April 8, 2013 Important:
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Questions of this SAMPLE exam were randomly chosen and may NOT be representative of the difficulty or focus of the actual examination. The professor did NOT review these questions. MULTIPLE CHOICE. Choose
ICAN MI (COSTING) WEEK 1 TOPICS: INTRODUCTION TO COSTING SUGGESTED SOLUTIONS
KINDLY REFER TO CHAPTER 1 OF THE COMPREHENSIVE LECTURES TO READ UP THE TOPIC BEFORE YOU ATTEMPT THE QUESTIONS BELOW FOR PROPER UNDERSTANDING AS THE TOPIC HAS BEEN DISCUSSED IN THE SAID VIDEO LECTURES.
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
ECON 3312 Mcroeconomics Exam 2 Fall 2016 Prof. Crowder Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) If output is currently 1000 below full
ECON 2123 Review Question 3
ECON 2123 Review Question 3 TA: Mr. Ding Dong May 6, 2018 1 Open Economy Macroeconomics Question 1: Japan produces and exports only cameras, and Saudi Arabia, produces and exports only barrels of oil.
ECO 2013: Macroeconomics Valencia Community College
ECO 2013: Macroeconomics Valencia Community College Final Exam Fall 2008 1. Fiscal policy is carried out primarily by: A. the Federal government. B. state and local governments working together. C. state
Chapter 13 Fiscal Policy
Chapter 13 Fiscal Policy Learning Objectives After you have studied this chapter, you should be able to 1. define fiscal policy, direct expenditure offsets, automatic or built-in stabilizers, crowding
FINANCIAL ECONOMICS GENERAL COMMENTS. The following table shows the distribution of candidate by scores: Overall Performance of Candidates
GENERAL COMMENTS FINANCIAL ECONOMICS The following table shows the distribution of candidate by scores: Overall Performance of Candidates Grade Marks No of Candidates % of Candidates Distinction 71 100
Dokuz Eylül University Faculty of Business Department of Economics
Dokuz Eylül University Faculty of Business Department of Economics ECN 1002 PROBLEM SET III Q1) A link between the money market and the goods and services market exists through the impact of A) tax revenue
ECON 3312 Macroeconomics Exam 3 Spring 2016
ECON 3312 Macroeconomics Exam 3 Spring 2016 Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Suppose there is an increase in expected future
FINANCIAL ECONOMICS. The table below shows the distribution if candidates by scores: Grade Marks % of Candidates
FINANCIAL ECONOMICS Overall Performance The table below shows the distribution if candidates by scores: Grade Marks % of Candidates F 3 0-34 32% F 2 35-44 35% F 1 45-48 4% P 50-74 28% D 75 and above 1%
1. When the Federal government uses taxation and spending actions to stimulate the economy it is conducting:
1. When the Federal government uses taxation and spending actions to stimulate the economy it is conducting: A. Fiscal policy B. Incomes policy C. Monetary policy D. Employment policy 2. When the Federal
Business Fluctuations. Notes 05. Preface. IS Relation. LM Relation. The IS and the LM Together. Does the IS-LM Model Fit the Facts?
ECON 421: Spring 2015 Tu 6:00PM 9:00PM Section 102 Created by Richard Schwinn Based on Macroeconomics, Blanchard and Johnson [2011] Before diving into this material, Take stock of the techniques and relationships
1. You are right. When a fall in the value of the dollar against other currencies makes U.S. final
AP Krugman Section 4 Problem Solutions 1. You are right. When a fall in the value of the dollar against other currencies makes U.S. final goods and services cheaper to foreigners, this represents a shift
ECON 313: MACROECONOMICS I W/C 19 th October 2015 THE KEYNESIAN SYSTEM IV Aggregate Demand and Supply Dr. Ebo Turkson
ECON 313: MACROECONOMICS I W/C 19 th October 2015 THE KEYNESIAN SYSTEM IV Aggregate Demand and Supply Dr. Ebo Turkson The Keynesian Aggregate Demand Schedule Relaxing the Assumption of Fixed General Price
Economics: Canada in the Global Environment, 7e (Parkin) Chapter 29 Fiscal Policy Government Budgets
Economics: Canada in the Global Environment, 7e (Parkin) Chapter 29 Fiscal Policy 29.1 Government Budgets 1) If revenues exceed outlays, the government's budget balance is, and the government has a budget.
2. In the short-run international macroeconomic theory developed in the textbook, the AA curve shows
HOMEWORK 9 (CHAPTER 17 OUTPUT AND THE EXCHANGE RATE IN THE SHORT RUN) ECO41 FALL 2015 UDAYAN ROY Each correct answer is worth 1 point. The maximum score is 20 points. This homework is due in class on Monday,
Questions and Answers
Questions and Answers Ch 1 (continued) Q1: MCQ Aggregate Demand 1) The aggregate demand curve shows A) total expenditures at different levels of national income. B) the quantity of real GDP demanded at
ECON Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall 2014 Answer sheet
ECON 311 - Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall 2014 Answer sheet YOUR NAME: Student ID: Circle the TA session you attend: Chris - 3PM Andreas - 3PM Hugh - 3PM
STRATEGIC FINANCIAL MANAGEMENT WEEK 3 QUESTIONS TOPIC: COST OF CAPITAL AND DIVIDEND DECISION
STRATEGIC FINANCIAL MANAGEMENT WEEK 3 QUESTIONS TOPIC: COST OF CAPITAL AND DIVIDEND DECISION Kindly go through chapter 5 part 1&3 in the video lecture before you attempt the questions because the topic
This is Policy Effects with Floating Exchange Rates, chapter 10 from the book Policy and Theory of International Finance (index.html) (v. 1.0).
This is Policy Effects with Floating Exchange Rates, chapter 10 from the book Policy and Theory of International Finance (index.html) (v. 1.0). This book is licensed under a Creative Commons by-nc-sa 3.0
3. OPEN ECONOMY MACROECONOMICS
3. OEN ECONOMY MACROECONOMICS The overall context within which open economy relationships operate to determine the exchange rates will be considered in this chapter. It is simply an extension of the closed
The New Classical Economics FROYEN CHAPTER 11
ECON 313: MACROECONOMICS I W/C 9 th November 2015 MACROECONOMIC THEORY AFTER KEYNES New Classical Economics Ebo Turkson, PhD The New Classical Economics FROYEN CHAPTER 11 1 Sections The New Classical Position
Shanghai Livingston American School Quarterly / Trimester Plan 2
Shanghai Livingston American School Quarterly / Trimester Plan 2 Concept / Topic To Teach: Specific Objectives: Week 1 Week 2 Week 3 Week 4 Unit 3 Module 16 INCOME AND EXPENDITURES Comprehend the nature
Archimedean Upper Conservatory Economics, November 2016 Quiz, Unit VI, Stabilization Policies
Multiple Choice Identify the choice that best completes the statement or answers the question. 1. The federal budget tends to move toward _ as the economy. A. deficit; contracts B. deficit; expands C.
3) If the Canadian dollar exchange rate increases, the 3) A) internal value of the dollar falls.
Forty questions were automatically and randomly chosen by the computer from Chapters 19 through 2 6 of the Textʹs test bank - the instructor has not seen the questions chosen. Name: Random Q. Practice
Economics Final Examination December, Part A: Multiple Choice. Choose the best alternative that answer or completes the sentence.
Economics 243-01 Final Examination December, 2000 Instructions: Put your name, social security number and your seat number on the blue book provided. Put all your answers in the blue book provided. Turn
Chapter 23. Aggregate Supply and Aggregate Demand in the Short Run. In this chapter you will learn to. The Demand Side of the Economy
Chapter 23 Aggregate Supply and Aggregate Demand in the Short Run In this chapter you will learn to 1. Explain why an exogenous change in the price level shifts the AE curve and changes the equilibrium
FETP/MPP8/Macroeconomics/Riedel. General Equilibrium in the Short Run II The IS-LM model
FETP/MPP8/Macroeconomics/iedel General Equilibrium in the Short un II The -LM model The -LM Model Like the AA-DD model, the -LM model is a general equilibrium model, which derives the conditions for simultaneous
ECON Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall 2015 Answer sheet
ECON 311 - Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall 2015 Answer sheet YOUR NAME: Student ID: Circle the TA session you attend: INSTRUCTIONS: Chris 10AM Michael -
Econ 102 Exam 2 Name ID Section Number
Econ 102 Exam 2 Name ID Section Number 1. Suppose investment spending increases by $50 billion and as a result the equilibrium income increases by $200 billion. The investment multiplier is: A) 10. B)
UGBA 101B Macroeconomic Analysis Professor Steven Wood. Exam #2 ANSWERS
Name: SID : UGBA 101B Macroeconomic Analysis Professor Steven Wood Summer 2008 Exam #2 ANSWERS Please sign the following oath: The answers on this test are entirely my own work. I neither gave nor received
ECON 3312 Macroeconomics Exam 2 Spring 2017 Prof. Crowder
ECON 3312 Macroeconomics Exam 2 Spring 2017 Prof. Crowder Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Suppose the economy is currently
Chapter 12 Appendix B
The Effects of Macroeconomic Shocks on Asset Prices Chapter Appendix B By explicitly including the MP and IS curves in the aggregate demand and supply analysis, we can analyze the response of asset prices,
PRINCIPLES OF MACROECONOMICS Lecture 3: Savings, Investment, & the Financial System
PRINCIPLES OF MACROECONOMICS Lecture 3: Savings, Investment, & the Financial System Instructor: Chi Man Yip WHERE ARE WE? In Short: Macro Data: Measuring a Nation s Income & the Cost of Living (Ch. 5-6)
9. CHAPTER: Aggregate Demand I
TOBB-ETU, Economics Department Macroeconomics I (IKT 233) Ozan Eksi Practice Questions with Answers (for Final) 9. CHAPTER: Aggregate Demand I 1-) In the long run, the level of output is determined by
Problem Set #2. Intermediate Macroeconomics 101 Due 20/8/12
Problem Set #2 Intermediate Macroeconomics 101 Due 20/8/12 Question 1. (Ch3. Q9) The paradox of saving revisited You should be able to complete this question without doing any algebra, although you may
Monetary Macroeconomics Lecture 3. Mark Hayes
Diploma Macro Paper 2 Monetary Macroeconomics Lecture 3 Aggregate demand: Investment and the IS-LM model Mark Hayes slide 1 Outline Introduction Map of the AD-AS model This lecture, continue explaining
Problem Set #3 ANSWERS. Due Tuesday, March 18, 2008
Name: SID: Discussion Section: Problem Set #3 ANSWERS Due Tuesday, March 18, 2008 Problem Sets MUST be word-processed except for graphs and equations. When drawing diagrams, the following rules apply:
Prepared by Iordanis Petsas To Accompany. by Paul R. Krugman and Maurice Obstfeld
Chapter 16 Output and the Exchange Rate in the Short Run Prepared by Iordanis Petsas To Accompany International Economics: Theory and Policy, Sixth Edition by Paul R. Krugman and Maurice Obstfeld Chapter
Exam. Name. E) indeterminable from the information provided.
Exam Name 1) Macroeconomics is mainly concerned with the study of A) large economic units such as General Motors or Molson Breweries B) individual households and how they deal with problems like inflation
YORK UNIVERSITY. Suggested Solutions to Part C (C3(d) and C4)
Page 1 of 5 Pages YORK UNIVERSITY Atkinson College Department of Economics ECON 2450 - Midterm Examination July 13, 2006 Suggested Solutions to Part C (C3(d) and C4) C3 (d). Derive and graph an equation
Chapter 3. Continued. CHAPTER 3 National Income. slide 0
Chapter 3 Continued slide 0 Notes The equilibrium is stable If r > r* S > I: More people want to save relative to demand for funds: excess supply; r decreases If r < r* I > S: More demand for funds then
AP Econ Practice Test Unit 5
DO NOT WRITE ON THIS TEST! AP Econ Practice Test Unit 5 Multiple Choice Identify the choice that best completes the statement or answers the question. 1. The marginal propensity to consume is equal to:
Lecture 22. Aggregate demand and aggregate supply
Lecture 22 Aggregate demand and aggregate supply By the end of this lecture, you should understand: three key facts about short-run economic fluctuations how the economy in the short run differs from the
Aggregate demand, aggregate supply and fiscal policy. Rush October 2014
Aggregate demand, aggregate supply and fiscal policy Rush October 2014 Fiscal policy quick start In your notes (not to turn in), answer: What is fiscal policy? What might be the goals of EXPANSIONARY fiscal
Parkin/Bade, Economics: Canada in the Global Environment, 8e
Chapter 29 Fiscal Policy Decent chapter some stuff is easy, some stuff isn t. probably a good idea to review this one as well later 29.1 The Federal Budget 1) If revenues exceed outlays, the government's
4 MONEY MARKET EQUILIBRIUM: DERIVING THE LM CURVE
4 MONEY MARKET EQUILIBRIUM: DERIVING THE LM CURVE In this section, we derive a set of combinations of Y and i that ensures equilibrium in the money market, a concept that can be represented graphically
5 Macroeconomics SAMPLE QUESTIONS
MULTIPLE-CHOICE UNIT E09 Macroeconomics Summative Exam Sample Multiple-Choice Questions Circle the letter of each correct answer. 1. Which of the following monetary and fiscal policy combinations would
Macroeconomics Review Course LECTURE NOTES
Macroeconomics Review Course LECTURE NOTES Lorenzo Ferrari frrlnz01@uniroma2.it August 11, 2018 Disclaimer: These notes are for exclusive use of the students of the Macroeconomics Review Course, M.Sc.
Fiscal policy in the goods market. Screen 1
Fiscal policy in the goods market Screen 1 In this presentation we look at the impact of fiscal policy on the goods market. Make sure that you are thoroughly familiar with the goods market before you start
Macroeconomics CHAPTER 10. Aggregate Supply and Aggregate Demand
Macroeconomics CHAPTER 10 Aggregate Supply and Aggregate Demand What you will learn in this chapter: How the aggregate supply curve illustrates the relationship between the aggregate price level and the
Archimedean Upper Conservatory Economics, October 2016
Multiple Choice Identify the choice that best completes the statement or answers the question. 1. The marginal propensity to consume is equal to: A. the proportion of consumer spending as a function of
TOPIC: END OF THE DIET MOCK
FINANCIAL REPORTING TOPIC: END OF THE DIET MOCK Kindly go through the video lecture on financial reporting before you attempt the questions because the topic have been simplified and analyzed for easy
2.2 Aggregate demand and aggregate supply
The business cycle Short-term fluctuations and long-term trend Explain, using a business cycle diagram, that economies typically tend to go through a cyclical pattern characterized by the phases of the