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Hi, I have some econ homework I need help with, it's 18 questions. I appreciate all you can help with Question 18 (1 point) During

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Hi, I have some econ homework I need help with, it's 18 questions. I appreciate all you can help with

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Question 18 (1 point) During President Donald Trump's first 100 days as President, he said he prefers a "low Interest rate policy: "The President said that a strong dollar sounds good, but added that 'our dollar is getting too strong..it is very, very hard to compete when you have a strong dollar and other countries are devaluing their currency". He also said that he 'likes a low interest rate policy' and that Janet Yellen is 'not toast." (Financial Times, "President Trump Abandons the Strong Dollar Policy," April 15, 2017). Suppose President Trump will be successful in lowering interest rates in the U.S. (relative to interest rates in the European Union). What effect will this have on the U.S. GDP.? The U.S.'s GDP could increase or decrease. The U.S.'s GDP will increase. The U.S.'s GDP will not change. The U.S.'s GDP will decrease. Question 19 (1 point) During President Donald Trump's first 100 days as President, he said he prefers a "low interest rate policy:" "The President said that a strong dollar 'sounds good , but added that 'our dollar is getting too strong...it is very, very hard to compete when you have a strong dollar and other countries are devaluing their currency . He also said that he 'likes a low interest rate policy' and that Janet Yellen is 'not toast'." (Financial Times, "President Trump Abandons the Strong Dollar Policy," April 15, 2017). Suppose President Trump will be successful in lowering interest rates in the U.S. (relative to interest rates in the European Union). What effect will this have on U.S. exports? U.S. net exports to the E.U. will not change. U.S. net exports to the E.U. will increase. MacBook Air DDD FAQuestion 30 (1 point) During the 2020 campaign, Joe Biden proposed raising income taxes on those earning more than $400,000 per year and raising corporate taxes from about 21 percent to 28 percent. Consider the market for money illustrated in the figure below. Assume the market initially is in equilibrium at point A. What effect will the tax increase have on the market for money? MS1 Interest Rate, i MD Quantity of Money. M (billions of dollars) The money supply curve will shift to the left. ly curves The money demand curve will shift to the right. The money demand curve will shift to the left. The money supply curve will shift to the right. Question 31 (1 point) MacBook AirQuestion 28 (1 point) During the 2020 campaign, Joe Biden proposed raising Income taxes on those earning more than $400,000 per year and raising corporate taxes from about 21 percent to 28 percent. Consider the market for money illustrated in the figure below. Assume the market initially is in equilibrium at point A. What effect will the tax increase have on the market for money? MS1 Interest Rate. 1 MI Quantity of Money. M (billions of dollars) Interest rates will be unaffected. Interest rates will decrease. Interest rates will increase. Interest rates could increase or decrease. MacBook Air F4 2 F5 F6 DII F7 F8 F9sing 1 ig more than S. 0.080 raising corpo Consider the aggregate demand-aggregate supply diagram below, which represents the macroeconomy. Suppose the market is initially at an equilibrium at point A. What effect will a tax increase have on this graph? LRAS, SRASI Price level (GDP deflator. 2009 - 100) Pi GDP, GDP* Real GDP (trillions of 2009 dollars) The aggregate demand curve will shift to the right. The aggregate demand curve will shift to the left. The short-run aggregate supply curve will shift to the left. The long-run aggregate supply curve will shift to the left. MacBook AirQuestion 31 (1 point) During the 2020 campaign, Joe Biden proposed raising income taxes on those earning more than $400,000 per year and raising corporate taxes from about 21 percent to 28 percent Consider the aggregate demand-aggregate supply diagram below, which represents the macroeconomy. Suppose the market is initially at an equilibrium at point A. What effect will a tax Increase have on this graph? LRAS, SRAS, Price level GDP deflator. 2009 - 100) AD GDP, GDP* Real GDP (trillions of 2009 dollars) The aggregate demand curve will shift to the right. The aggregate demand curve will shift to the left. The short-run aggregate supply curve will shift to the left. The one. we will shift to the lat MacBook AirQuestion 19 (1 point) During President Donald Trump's first 100 days as President, he said he prefers a "low interest rate policy: "The President said that a strong dollar 'sounds good", but added that 'our dollar is getting too strong...it is very, very hard to compete when you have a strong dollar and other countries are devaluing their currency'. He also said that he 'likes a low interest rate policy' and that Janet Yellen is 'not toast'." (Financial Times, "President Trump Abandons the Strong Dollar Policy," April 15, 2017). Suppose President Trump will be successful in lowering interest rates in the U.S. (relative to interest rates in the European Union). What effect will this have on U.S. exports? OU.S. net exports to the E.U. will not change. U.S. net exports to the E.U. will increase. U.S. net exports to the E.U. will d'orease. U.S. net exports to the E.U. could increase or decrease. Question 20 (1 point) On June 1, 2016, the exchange rate for U.S. dollars and euros was approximately $1.00 = 60.90, as shown in the market for U.S. dollars below. During President Donald Trump's first 100 days as President, he said he prefers a "low interest rate policy:" "The President said that a strong dollar 'sounds good, but added that 'our dollar is getting too strong...it is very, very hard to compete when you have a strong dollar and other countries are devaluing their currency'. He also said that he 'likes a low interest rate policy" and that Janet Yellen is 'not toast." (Financial Times, "President Trump Abandons the Strong Dollar Policy," April 15, 2017). Suppose President Trump will be successful in lowering interest rates in the U.S. (relative to interest rates in the European Union). How will this affect the value of the dollar relative to the euro? Exchange Rate e's MacBook Air F5 DII F6 F7 F8 F9Question 21 (1 point) What is a floating exchange rate system? A system under which the value of currencies is determined exclusively by supply and demand. A system under which countries agree to keep the exchange rates among their currencies fixed for long periods. A system under which the value of currencies is determined by supply and demand with occasional government intervention. 12 A system under which the value of currencies is determined by the amount of gold each country has. 15 Question 22 (1 point) The exchange rate of dollars per euro is curfently $1.00 = 60.76. The U.S. and the European Union allow their currencies to float. Suppose you are an importer-exporter who seeks to profit 18 from buying and selling goods internationally. Also suppose the price of a 2015 Lexus LS600H sedan sells for $113,000 in the United States and 113,000 in Germany. How much in dollars can you earn per Lexus traded? Provide your answer in dollars rounded to two decimal places. Use a negative sign "-" for negative values. Do not include any symbols, such as "$," "=," "%," or "," in 21 your answer. Your Answer: 24 Answer 27 Question 23 (1 point) 30 In the 1990s, the Thai baht was pegged to the U.S. dollar at a rate of 1 baht = $0.04. This is illustrated in the graph for Thai baht below. How will the actions of speculators affect this market? 33 Exchange Rate (S/baht) 0.04 MacBook Air F4 F5 F6 F7 F8 DD F9 F10 $ % & EKQuestion 27 (1 point) During the 2020 campaign, Joe Biden proposed raising income taxes on those earning more than $400,000 per year and raising corporate taxes from about 21 percent to 28 percent. Consider the aggregate demand-aggregate supply diagram below, which represents the macroeconomy. Suppose the market is initially at an equilibrium at point A. What effect will a tax increase have on this economy? LRAS, SRASI Price level (GDP deflator, 2009 = 100) PI A ADI GDP, GDP* Real GDP (trillions of 2009 dollars) MacBook Air 000 F4 F5 F6 DII F7 F8 F9Question 25 (1 point) a 12 15 18 21 Usage of: West African CFA franc 24 Central African CFA franc The West African CFA franc and the Central African CFA franc are two currencies that are pegged to the euro. Currently, these fixed exchange rates are (both) 100 CFA francs = 0.15 euros (() or 27 666 CFA francs = 1 euro (E). This is illustrated in the figure below. Exchange Rate 30 (CFA francs/() 666 33 500 MacBook Air 000 000 F4 F5 F6 F7 DII F8 F9 $ %GDP, GDP Real GDP (trillions of 2009 dollars) The aggregate demand curve will shift to the right. The aggregate demand curve will shift to the left. The short-run aggregate supply curve will shift to the left. The long-run aggregate supply curve will shift to the left. Question 32 (1 point) Characterize the U.S. government's budget in 2020 and 2021. The U.S. government ran budget deficits of about $1 trillion in 2020 and 2021. The U.S. government ran budget deficits of about $3 trillion in 2020 and 2021. The U.S. government ran budget surpluses of about $1 trillion in 2020 and 2021. O The U.S. government's budgets were balanced in 2020 and 2021. The U.S. government ran budget deficits of about $30 trillion in 2020 and 2021. Question 33 (1 point) What has been happening recently to the U.S. government's debt the past couple of years? The U.S. government's debt has been increasing more slowly. The U.S. government's debt has been increasing more rapidly. The U.S. government's debt has been eliminated. The U.S. government's debt has been falling. The U.S. government's debt has remained unchanged. MacBook AirQuestion 24 (1 point) UNITED STATES Belize Pacific Ocean The Central American country of Belize is one of approximately 14 Caribbean community countries that pegs its currency to the U.S. dollar. The pegged rate is 2 Belize dollars equal 1 U.S. dollar (2 BZD = $1 USD or 1 BZD = $0.50 USD). This is illustrated in the figure below. Exchange Rate (USD/BZD) 2,00 1.00 MacBook Air 000 000 F4 F5 F6 F7 DII F8 F9 F10Question 23 (1 point) In the 1990s, the Thai baht was pegged to the U.S. dollar at a rate of 1 baht = $0.04. This is illustrated In the graph for Thai baht below. How will the actions of speculators affect this market? Exchange Rate ($/baht) 0.04 0.03 0.02 D1 Quantity of Thai baht Traded per Day The baht supply curve and the baht demand curve will shift to the right. The baht supply curve will shift to the right and the baht demand curve will shift to the left. The baht supply curve and the baht demand curve will shift to the left. The baht supply curve will shift to the left and the baht demand curve will shift to the right. Question 24 (1 point) UNITED STATES MacBook Air DOO F4 F5 F6 DII F7 F8Consider the aggregate demand-aggregate supply diagram below, which represents the macroeconomy. Suppose the market is initially at an equilibrium at point A. What effect will a tax increase have on this economy? LRASI SRASI Price level (GDP deflator, 2009 = 100) ADI GDP, GDP* Real GDP (trillions of 2009 dollars) The rate of economic growth will increase. Prices will increase. Employment will increase. The rate of inflation will decrease. MacBook Air F4 F5 F6 DII F7 F8 F9 % & 5Question 16 (1 point) Assume It is June 1, 2016 and the exchange rate for U.S. dollars and British pounds is approximately $1.00 - 80.70. You are a currency speculator. Somehow you know that on June 23, 2016, the British will vote to approve Brexit, removing the U.K. from the European Union. Suppose you also know that about week after the vote, on July 1, 2016, the exchange rate for U.S. dollars and British pounds will have increased to approximately $1.00 - 80.83. In your portfolio (on June 1), you have $1,000,000 in dollars and $1,000,000 in pounds with which to speculate. Your intent is to profit from currency speculation. Using the money in your portfolio to make currency trades on June 1 and on July 1, calculate how much profit you could make in dollars. Provide your answer in U.S. dollars rounded to one decimal place. Use a negative sign "-" for negative values. Do not include any symbols, such as "$," "-," "%,"or "," in your answer. Your Answer: Answer Question 17 (1 point) Suppose the exchange rate between the Japanese yen and the U.S. dollar is *101 = $1.00 and the exchange rate between the euro and the U.S. dollar is $1.00 = 60.62. What is the exchange rate between the yen and euro? Specifically, how many Japanese yen is one euro worth? Provide your answer in Japanese yens rounded to one decimal place. Use a negative sign "-" for negative values. Do not include any symbols, such as "$," "=," "%," or "," in your answer. Your Answer: Answer Question 18 (1 point) During President Donald Trump's first 100 days as President, he said he prefers a "low interest rate policy: "The President said that a strong dollar 'sounds good', but added that 'our dollar is getting too strong..it is very, very hard to compete when you have a strong dollar and other countries are devaluing their currency" He also said that he 'likes a low interest rate policy and that Janet Yellen is 'not toast " (Financial Times "President Trump Abandons the Strong Dollar Policy " April 15. MacBook Air DOO F4 F5 DII F6 F7 F8 F9Question 26 (1 point) STATES Masco Belize Pacific Ocean The Central American country of Belize is one of approximately 14 Caribbean community countries that pegs its currency to the U.S. dollar. The pegged rate is 2 Belize dollars equal 1 U.S. dollar (2 BZD = 1 USD or 1 BZD = 0.50 USD). This is illustrated in the figure below. Exchange Rate (USD/BZD) 2.00 1.00 MacBook Air DOD FA F5 DII F6 F7 F8 F9Question 20 (1 point) On June 1, 2016, the exchange rate for U.S. dollars and euros was approximately $1.00 - 60.90, as shown In the market for U.S. dollars below. During President Donald Trump's first 100 days as President, he said he prefers a "low interest rate policy:" "The President sald that a strong dollar 'sounds good', but added that our dollar is getting too strong...It is very, very hard to compete when you have a strong dollar and other countries are devaluing their currency'. He also said that he "likes a low Interest rate policy' and that Janet Yellen is "not toast'." (Financial Times, "President Trump Abandons the Strong Dollar Policy," April 15. 2017). Suppose President Trump will be successful in lowering interest rates in the U.S. (relative to Interest rates in the European Union). How will this affect the value of the dollar relative to the euro? Exchange Rate (E/S) 0.9 Quantity of Dollars Traded The value of the dollar will remain unchanged. The dollar could appreciate or depreciate in value. The dollar will depreciate in value. The dollar will appreciate in value. MacBook Air DO FAUsage of: West African CFA franc Central African CFA franc The West African CFA franc and the Central African CFA franc are two currencies that are pegged to the euro. Currently, these fixed exchange rates are (both) 100 CFA francs = 0.15 euros () or 665 CFA francs = 1 euro (E). This is illustrated in the figure below. Exchange Rate SI (CFA francs/() 666 500 400 DI Quantity of euros traded per day At the pegged rate, is this currency market in equilibrium? There is a surplus of euros. The supply of euros equals the demand for euros. There is a shortage of euros. The supply of CFA francs equals the demand for CFA francs. MacBook Air 000 DOO FA F5 F6 F7 F8 F9The Central American country of Belize is one of approximately 14 Caribbean community countries that pegs its currency to the U.S. dollar. The pegged rate is 2 Belize dollars equal 1 U.S. dollar (2 BZD = 1 USD or 1 BZD = 0.50 USD). This is illustrated in the figure below. Exchange Rate (USD/BZD) 2.00 1.00 0.50 D, Quantity of Belize dollars traded per day What, if anything, must the Belize government do to maintain the pegged exchange rate? The Belize government must buy Belize dollars with U.S. dollars. The Belize government must sell Belize dollars for U.S. dollars. The Belize government must neither buy nor sell Belize dollars. The Belize government must sell Belize dollars and sell U.S. dollars MacBook Air 000 F4 F5 F6 DII F7 F8 DD F9 F10 $ 8 9Question 29 (1 point) During the 2020 campaign, Joe Biden proposed raising income taxes on those earning more than $400,000 per year and raising corporate taxes from about 21 percent to 28 percent. Consider the aggregate demand-aggregate supply diagram below, which represents the macroeconomy. Suppose the market is initially at an equilibrium at point A. What effect will a tax increase have on this economy? LRAS, SRASI Price level GDP deflator. 2009 = 100) PI 33 AD GDP, GDP+ Real GDP (trillions of 2009 dollars) Potential GDP will decrease. Actual and potential GDP will remain unchanged. Actual and potential GDP will decrease MacBook Air F4 F5 F6 F7 DII F8 F9 F10The Central American country of Belize is one of approximately 14 Caribbean community countries that pegs Its currency to the U.S. dollar. The pegged rate is 2 Belize dollars equal 1 U.S. dollar (2 BZD = $1 USD or 1 BZD = $0.50 USD). This is illustrated in the figure below. SI Exchange Rate (USD/BZD) 2.00 1.00 0.50 Quantity of Belize dollars traded per day How will the actions of speculators affect this market? The actions of speculators will result in a smaller surplus of Belize dollars. The actions of speculators will result in a larger surplus of Belize dollars. The actions of speculators will result in a larger shortage of Belize dollars. The actions of speculators will result in a smaller shortage of Belize dollars MacBook Air DO0 F4 F5 F6 F7 II F8 F9 F10 % Oproposed raising Income taxes on those earning more than $400,000 per year and raising corporate taxes from about 21 percent to 28 percent Consider the aggregate demand-aggregate supply diagram below, which represents the macroeconomy. Suppose the market is initially at an equilibrium at point A. What effect will a tax increase have on this economy? LRAS, SRAS Price level (GDP deflator. 2009 - 100) AD GDP, GDP* Real GDP (trillions of 2009 dollars) Potential GDP will decrease. Actual and potential GDP will remain unchanged. Actual and potential GDP will decrease. Actual GDP will decrease. MacBook Air

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