Questions
Question 1 Why are government purchases assumed to be autonomous? a. because they are independent of...
Question 1
Why are government purchases assumed to be autonomous?
| a. |
because they are independent of the price level |
|
| b. |
because they are independent of investment |
|
| c. |
because they are independent of the level of real GDP |
|
| d. |
because they are independent of consumption |
Question 2
hich term refers to workers who are overqualified for their current jobs or can find only part-time work?
| a. |
discouraged workers |
|
| b. |
unemployed |
|
| c. |
NOT in the labour force |
|
| d. |
underemployed |
Question 3
Which of the following would shift the long-run aggregate supply curve to the left?
| a. |
a reduction in the quality of the labour force |
|
| b. |
an increase in the size of the labour force |
|
| c. |
a decrease in the price level |
|
| d. |
a reduction in the cost of using computers |
Question 4
Which of the following would result from an increase in planned investment?
| a. |
an outward shift in the aggregate demand curve |
|
| b. |
an inward shift in the aggregate demand curve |
|
| c. |
an outward shift in the aggregate supply curve |
|
| d. |
an inward shift in the aggregate supply curve |
Question 5
Which of the following would directly reduce GDP?
| a. |
The switch from home-cooked meals to restaurant meals lowers the nutritional value of the average diet. |
|
| b. |
An unscrupulous disposal company dumps barrels of toxic waste near a suburban water supply. |
|
| c. |
Pollution of international waters increases. |
|
| d. |
The town of Council Bluffs decides to fire the lifeguards at the local swimming pool. |
Question 6
Which of the following would NOT occur if the price level changes?
| a. |
a shift in the aggregate expenditure curve |
|
| b. |
a change in the real value of dollar-denominated assets |
|
| c. |
a new value for equilibrium real GDP demanded |
|
| d. |
a shift in the aggregate demand curve |
Question 7
Which of the following would NOT increase Canadian GDP?
| a. |
increased shipments of Ghanaian cocoa to Canada on Greek vessels |
|
| b. |
increased demand in Alberta for Canadian-made personal computers |
|
| c. |
increased shipments of computers from Canada to the United States |
|
| d. |
increased demand in Costa Rica for Canadian-made personal computers |
Question 8
Which of the following will allow monetary policy to be most effective in changing aggregate demand?
| a. |
Interest rates do NOT need to be responsive to changes in the money supply, and investment does NOT need to be sensitive to changes in interest rates. |
|
| b. |
Interest rates need to be responsive to changes in the money supply, but investment does NOT need to be sensitive to changes in interest rates. |
|
| c. |
Interest rates do NOT need to be responsive to changes in the money supply, but investment does need to be sensitive to changes in interest rates. |
|
| d. |
Interest rates need to be responsive to changes in the money supply, and investment needs to be sensitive to changes in interest rates. |
Question 9
Which of the following transactions is NOT included in GDP?
| a. |
Someone sells drugs in a vacant lot. |
|
| b. |
A drug addict spends two months in a drug rehabilitation centre. |
|
| c. |
A doctor treats a patient for drug addiction. |
|
| d. |
A pharmacist sells drugs in a pharmacy. |
Question 10
Which of the following occurs simultaneously with a higher price level and leads to stagflation?
| a. |
higher aggregate output |
|
| b. |
lower employment |
|
| c. |
federal budget surpluses |
|
| d. |
federal budget deficits |
In: Economics
Classify the following phase changes by the signs of the system's delta H and delta S.
In: Chemistry
the main reason why changes in equilibrium level of national income should be expected to be
the main reason why changes in equilibrium level of national income should be expected to be
In: Economics
Explain how changes in forecast assumptions will affect a firm’s external financing requirements.
Explain how changes in forecast assumptions will affect a firm’s external financing requirements.
In: Finance
critical review of the impact of exchange rate and interest rate changes on the business/organisation.
critical review of the impact of exchange rate and interest rate changes on the business/organisation.
In: Economics
2) Describe some of the deleterious physiological changes that are associated with night shift work.
2) Describe some of the deleterious physiological changes that are associated with night shift work.
In: Biology
What is the stereochemical result from an SN2 Reaction (Retention, Changes, Stereochemical purity?)
What is the stereochemical result from an SN2 Reaction (Retention, Changes, Stereochemical purity?)
In: Chemistry
How changes in r impact exchange rate and how that impacts net exports?
How changes in r impact exchange rate and how that impacts net exports?
In: Economics
State how derivatives and changes in their values are reported under US GAAP and IFRS.
State how derivatives and changes in their values are reported under US GAAP and IFRS.
In: Accounting
List the general cytologic, antigenic, metabolic, karyotypic, and molecular changes in neoplastic cells.
List the general cytologic, antigenic, metabolic, karyotypic, and molecular changes in neoplastic cells.
In: Nursing