1. Which of the following resulted from the Great Depression of 1929? a. Real estate prices plummeted sharply b. Unemployment increased by over 20 percent in the U.S. c. Stock prices increased rapidly. d. The U.S. economy shrank by 8.6 percent. e. Fuel prices surged to a five-year high. 2. When the government of a country increases fiscal spending and transfer payments but keeps the tax rates in the economy constant it is likely to witness a. financial account surplus b. current account surplus c. balance of payments deficit d. budget surplus e. budget deficits 3. Post Seattle Ministerial, groups organized protests at prominent international government meetings, including the biannual World Bank and IMF meetings, meeting of the G8 countries, etc. a. insurgent b. political c. secularist d. antiglobalization e. protectionist 4. Which of the following will be observed in an economy over the long run, if an increase in money supply is accompanied by a very slow growth in GDP? a. Inflation b. Recession c. Appreciation of the domestic currency d. High unemployment rates e. Capital influx 5. Which of the following nations within the European Union has decided not to join the eurozone as it wants to maintain its monetary autonomy? a. France b. Germany c. Great Britain d. Italy e. Spain