6. Question 6 Which of the following two indicators typically show an INDIRECT or inverse relationship (i.e., move in opposite directions) across a normal business cycle? 1 point a….
4. Question 4 Which one of the following events would be represented graphically as a decrease (inward shift) in the aggregate supply (AS) curve? 1 point A decline in…
2. Question 2 The element that does NOT form part of the GDP equation is 1 point Gross private savings Gross fixed capital formation, or investment Net…
9. Question 9 Which of the following is NOT one of the tools of monetary policymaking in developed countries? 1 point Directly setting the interbank interest rate by decree…
3. Question 3 The United States has a fiscal deficit problem because 1 point Its deficit is too high as a per cent of GDP It has no…
7. Question 7 If the average citizen spends $75 of any $100 from a fresh income injection, the country´s MPC would be: 1 point .25 1 None…
6. Question 6 The ideal rate of growth for an economy 1 point would be the highest possible growth rate would involve growing at exactly the same rate,…
5. Question 5 The three arrows of Abenomics include all of the following EXCEPT: 1 point Quantitative easing Restrictive monetary policy Expansive fiscal policy Structural reform
3. Question 3 A sign that the United States was tackling its fiscal deficit problem successfully would be which of the following? 1 point if it were able to…
1. Question 1 Interest rates in the 2002-2005 period were at a level that is likely to cause asset bubbles in 1 point Spain and the United States …
