1. Which of the following would cause the real exchange rate of the Canadian dollar to depreciate?

1. an increase in the Canadian government budget deficit
2. capital flight from Canada
3. the imposition of Canadian government import quotas
4. a decrease in the world interest rate

2. The 1998 default by the Russian government had results that were predictable using the textbook model.

Which of the following best describes what happened?

1. The event increased Russian interest rates and net exports.
2. The event reduced Russian interest rates and net exports.
3. The event increased Russian interest rates and reduced Russian net exports.
4. The event reduced Russian interest rates and increased Russian net exports.

3. Suppose that Canada imposes an import quota on automobiles. Which of the following describes the most likely effects of this quota?

1. The quota would cause the real exchange rate of Canadian dollars to appreciate, but it would not change the real interest rate in Canada.
2. The quota would cause the real exchange rate of Canadian dollars to appreciate and the real interest rate in Canada to increase.
3. The quota would cause the real exchange rate of Canadian dollars to depreciate and the real interest rate in Canada to decrease.
4. The quota would cause the real exchange rate of Canadian dollars to depreciate, but it would not change the real interest rate in Canada.

4. Which of the following equations is the GDP identity in an open economy?

1. Y = C + I + G + NCO
2. NX = -NCO
3. NCO = S - I+NX
4. Y = C + I + G - NX

5. What does the market for loanable funds coordinate?

1. supply and demand for dollars in the foreign exchange market
2. people who want to import or export goods
3. sellers and buyers
4. lenders and borrowers

Suppose that the production function for your firm is given by: F(L,K)=L1/2K1/2 w=$1 and r=$1. In the long-run, how many workers and capital should you hire in order to produce Q units of output? Select one: a. L=2Q; K=Q b. L=Q; K=Q2 c. L=0.5Q; K=0.5Q d. L=Q; K=Q e. None of the above

When import increases, does it affect the equilibrium output? I think it won't affect.

as a derivative senior analyst of Bank of Namibia you are requested by the investment committee to submit a detailed proposal on how can derivatives instruments can be used for risk management purposes as well as provide recommendations for the investment committee on how the central bank can develop and regulate a derivative market in Namibia

Do you believe that working at Lowell Mill was a good position for a female in the 1830's? Why or why not? Many of the mill girls were working to help support the education of a male family member. How do you think this affected their attitude towards work and their working conditions?

The table shows the US presidential election results:

                                                          Popular Vote               Electoral Vote

…………………………………………………………………………………………………………………..

Clint Smith                                          69,984,625                              267

…………………………………………………………………………………………………………………….

Don Kruger                                         65,853,516                              271

Who will be the next president? and why?

The value and state of a currency have implications for several aspects of an economy. For several decades the Jamaican dollar has been floating relative to the US dollar, but places like Barbados and the regional bloc of Eastern Caribbean states have had fixed rates relative to the US dollar. Discuss these two methods with emphasis on the following;

a) the advantages of each.

b) the implications of each of these systems on export and import (balance of payments), inflation, unemployment, foreign exchange reserves and volatility.

Discuss attribute based choice models as an alternative to contingent valuation.

(The subject is Natural Resource Economics)

Compare views of :

1. Adam Smith's Invisible hands,

2. David Ricardo’s Diminishing returns

3. Alfred Marshall’s model of supply and demand

With graphs and expanded explanation

A country is closed. It has no government sector, and its aggregate price levels and interest rates are fixed. Furthermore, the marginal propensity to consume is constant and the country's consumption function is as follows: C = 200 + 0.75YD, where YD is disposable income and C is consumption. Assume that planned investment equals 75.

1. If this country's income increased by $10,000, consumption would increase by:

2. Write the AE equation: AE = ____ + ____ YD

3. When real GDP equals $900 unplanned inventory investment is:

4. What is the income–expenditure equilibrium for this country?

5. Holding everything else constant, what is the change to the income-expenditure equilibrium if aggregate wealth decreases by $100?

6. Holding everything else constant, what is the change to the income-expenditure equilibrium if taxes increase by 100? (hint: think about how the change in taxes reduces consumption).