排序
In the short run,
A.the interest rate can rise when the domestic money supplyB.the interest rate can decrease when the domestic money supplyC.the interest rate stays constant when the domestic money...
cyxssbThe PPP theory fails in reality because
A.transport costs and restrictions onB.monopolistic or oligopolistic practices in goodsC.the inflation data reported in different countries are based on different commodityD.A, B, ...
cyxssbYou are planning a 30-day vacation on Langkawi Island,
You are planning a 30-day vacation on Langkawi Island, Malaysia, one year from now. The present charge for a luxury suite plus meals in Malaysian ringgit (RM) is RM1,050/day. The M...
cyxssbIf the economy starts in long-run equilibrium,
If the economy starts in long-run equilibrium, a permanent fiscal expansion will causeA.an increase in exchange rate,B.a decrease in exchange rate,C.an increase in output,D.a decre...
cyxssbHow is the AA schedule derived?
A.The AA schedule has a positive slope because an increase in output leads to a depreciation of theB.The AA schedule has a negative slope because an increase in output leads to a d...
cyxssba temporary fiscal expansion would increase output
Using a figure, show that under full employment, a temporary fiscal expansion would increase output (over-employment) but cannot increase output in the longAnswer: A temporarily fi...
cyxssbFiscal Expansion under a fixed exchange
Fiscal Expansion under a fixed exchange rate has what effect(s) on the economy?A.The money supplyB.OutputC.The exchange rateD.The exchange rate decreases initially but then returns...
cyxssbUnder fixed rates, which one of the following
Under fixed rates, which one of the following statements is the most accurate?A.Monetary policy can affect onlyB.Monetary policy can affect onlyC.Monetary policy can affect only in...
cyxssbthe following statements is the most accurate?
Under fixed exchange rate, which one of the following statements is the most accurate?A.Devaluation causes a decrease in output, a decrease in official reserves, and a contraction ...
cyxssbthe following statements is the most accurate?
Under fixed exchange rate, which one of the following statements is the most accurate?A.Devaluation causes a rise inB.Devaluation causes a decrease inC.Devaluation has no effect on...
cyxssbThe balance of payments system
The balance of payments systemA.is another method for calculating GDP.B.insures that the net exports are always equal to zero.C.measures the total value of a domestic economy's t...
cyxssbThe CA is equal to
A.Y – (C-I+G).B.Y + (C+I+G).C.Y – (C+I+G).D.Y – (C+I-G).E.Y – (C+I+G) = -CA, (i.e., minus the CA).Answer: C
cyxssb
