following共18篇

Which one of the following statements is the most accurate?

A.A rise in domestic real income raises aggregate demand for homeB.A rise in domestic real income decreases aggregate demand for home output because of the increased demand forC.A ...
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02140

Which one of the following statements is true?

A.The less extensive are cross-border trade and factor movements, the greater is the gain from a fixed cross-border exchangeB.The more extensive are cross-border trade and factor m...
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01630

Which of the following is NOT a result of a temporary

Which of the following is NOT a result of a temporary fall in foreign demand on one country’s exports under floating exchange rate?A.The DD curve shifts to the left due to reducti...
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02390

Which one of the following statements is the most accurate?

A.Appreciation is a rise in E when the exchange rate floats, and revaluation is a fall in E when the exchange rate isB.Appreciation is a fall in E when the exchange rate floats, an...
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01210

Which one of the following statements is the most accurate?

A.Depreciation is a rise in E when the exchange rate is fixed, and devaluation is a rise in E when the exchange rateB.Depreciation is a decrease in E when the exchange rate floats,...
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01190

Which one of the following statements is the most accurate?

A.Fiscal policy has the same effect on output under fixed and flexible exchange rateB.Fiscal policy affects output more under fixed than under flexible exchange rateC.Fiscal policy...
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01550

Which one of the following statements is the most accurate?

A.Fiscal policy has the same effect on employment under fixed and flexible exchange rateB.Fiscal policy affects employment less under fixed than under flexible exchange rateC.Fisca...
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02010

which one of the following statements is the most accurate

Under fixed rates, which one of the following statements is the most accurate?A.Fiscal policy can affect output, employment, and international reserves at the same time.B.Fiscal po...
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01180

Explain the following figure:

Answer: The figure depicts the effect of a permanent increase in the money supply starting from full employment equilibrium. After the initial increase in the money supply and the ...
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02100

Which one of the following expressions is the most accurate?

A.CA = EX –IMB.CA = IM –EXC.CA=EX=IM.D.CA = EX +IME.None of the aboveAnswer: A
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03470

Which one of the following statements is the most accurate?

A.An increase in the real exchange rate and an increase in disposable income improve the current account.B.A decrease in the real exchange rate and a decrease in disposable income ...
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01690

Which one of the following statements is the most accurate?

A.An increase in disposable income improves the currentB.An increase in disposable income does not affect the currentC.An increase in disposable income worsens the currentD.An incr...
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01640