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Could you please look at the questions and in steps answer them please. 14 15 16 17 Which of the following groups would most likely
Could you please look at the questions and in steps answer them please.
14 15 16 17 Which of the following groups would most likely be hurt by the depreciation of the Canadian dollar in the intemational market? (A) Canadian banks holding large amounts of foreign currencies (B) Canadian lumber producers who sell to firms in other nations (C) Europeans planning on traveling in Canada for their vacations (D) Retired Americans living in Canada on their US govemment pensions (E) Swiss ski manufacturers that market their products in Canada Which of the following would cause an inward shift ofthe production possibilities curve? (A) A decrease in real interest rates (B) An increase in personal Income taxes (C) A decrease in the price level (D) A decrease in the size of the labor force (E) An increase m unemployment related to a recessionary gap If the reserve requirement increases from 5 percent to 10 percent, and assuming the general public holds a portion of its money in cash, what will happen to the money multiplier and the money supply? Money Money Multiplier (A) Increase Increase by double (B) Increase Increase by less than double (C) Decrease Decrease by more than half (D) Decrease Decrease by half (E) Decrease Decrease by less than half 18 19 If a country is experiencing a significant recessionary gap, which ofthe following combinations offiseal and monetary policies would he most likely to move the nation toward long-run equi librium9 Fiscal Policy (A) Increase taxes (B) Decrease taxes (C) Decrease Government spending (D) Increase Government spending (E) Decrease Government spending Monetarv Policy Increase the federal funds late Sell govemment securities in the open market No change in the money supply Buy government secunties in the open market Sell govemment securities in the open market 20 The short run aggregate supply curve would shift to the left in response to which ofthe following? (A) An increase in net capital stock (B) A decrease in the corporate income tax (C) An increase in sovereign debt (D) A decrease m the price level (E) An increase in the cost of resources Which of the following best defines investment as a component ofGDP! (A) Real estate acquisitions made for future resale profit (B) Buying new plants, machinery, tools and Inventory (C) Capital gains periodically paid out to stockholders (D) The difference between an individual's total income. wages plus interest. profits and rents, and their disposable income (E) The purchase of stocks and bonds by private c Ituens Which of the following is a reason why one nation's economic growth rate might be higher than another nation? (A) A lower labor force participation rate (B) A lower age of retirement (C) Larger per capita gm.ernment subsidies for education and worker training programs (D) Increased corporate tax rates (E) Increased consumer spending
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