Numerade

Questions asked

ANSWERED

Andrew Davis

Numerade educator

The central bank wants to reduce money supply. This could be accompolished by doing all of the following EXCEPT increasing the required reserve ratio. decreasing discount rate. selling government bonds in the open market. increasing discount rate.

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ANSWERED

Rashmi Sinha

Numerade educator

Which of the following is an advantage of international trade? International trade increases pollution level. International trade causes unemployment rate to rise. International trade increases national income and improves standard of living. International trade causes inflation rate to rise.

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ANSWERED

Aparna Shakti

Numerade educator

International trade Increases employment opportunities. Increases interest rates. Increases import tariffs. Increases unemployment.

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ANSWERED

Manasvee Singh

Numerade educator

Which of the following event will lead demand-pull inflation? Rise in wealth. Rise in wages. Rise in rental cost. Rise in business tax.

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ANSWERED

Aparna Shakti

Numerade educator

A country is said to have absolute advantage of trade if it can produce at a lower opportunity cost. produce at a higer opportunity cost. produce less goods or services as compared to other countries. produce more goods or services as compared to other countries.

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AWAITING AN EDUCATOR

When a country is experiencing a recessionary gap, its actual real GDP is less than potential real GDP. actual real GDP is more than potential real GDP. actual real GDP is equal to potential real GDP. actual real GDP is not related to potential real GDP.

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ANSWERED

Hamzah Choudary

Numerade educator

The rise in foreign countries real GDP will increase import and caused domestic currency to depreciate. increase export and caused domestic currency to depreciate. increase import and caused domestic currency to appreciate. increase export and caused domestic currency to appreciate.

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ANSWERED

Aparna Shakti

Numerade educator

In fixed exchange rate policy, the exchange rate is determined by the market forces of demand and supply of domestic/foreign currencies. the central bank and the latter will intervene in the foreign exchange rate market by buying or selling domestic/foreign currencies to keep the exchange fixed at a pre-determined level. changes in interest rates. changes in the price level.

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ANSWERED

Andrew Davis

Numerade educator

Which of the following event will lead cost-push inflation? Improvement in technology. Rise in the price of oil. rise in future profit. a fall in interest rate.

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ANSWERED

Aparna Shakti

Numerade educator

Rise in the level of planned inventory will increase consumption. increase government expenditure. derease import. decrease level of investment.

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