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I only need the answers, no need for an explanation! These questions are about Inflation, Deficit and Debt. If nominal GDP is $636 billion and

I only need the answers, no need for an explanation!

These questions are about Inflation, Deficit and Debt.

If nominal GDP is $636 billion and the velocity of money is 4, the:

A Average level of prices is $170 billion

B Consumer price index is 340

C Money supply is $636 billion

D Money supply is $159 billion

If M is $600, P is $2, and Q is 900, then:

A Aggregate expenditures will be $960,000

B Aggregate expenditures will be $5,400

C V must be 3

D V must be 1.5

If the amount of money in circulation is $6 billion and the value of total output is $30 billion in an economy, the:

A Velocity of money is 5

B Money supply is $36 billion

C Level of the price index is 320

D Equilibrium level of GDP is $180 billion

Assume the velocity of money is stable and the economy is operating at full employment, the equation of exchange predicts that a rise in the money supply will:

A Decrease nominal GDP

B Increase real output

C Increase interest rates

D Increase prices

According to the equation of exchange, a decrease in the money supply is likely to

A Reduce interest rates

B Increase the velocity of money

C Increase holdings of liquid assets

D Increase bond prices

According to the equation of exchange, if the velocity of money and the quantity of goods and services do not change, a(n):

A Increase in the money supply will increase the price level

B Decrease in the money supply will increase the price level

C Decrease in the money supply will have no effect on the price level

D Increase in the money supply will decrease the price level

If an economy experiences a high rate of inflation, they are likely to experience a:

A low rate of growth of nominal GDP.

B decrease in nominal wages.

C low nominal interest rate.

D high nominal interest rate.

In macroeconomics, the term "crowding out" refers to

A A decrease in the supply of money and an increase in the velocity of money

B Deficit financing by the government which increases interest rates and reduces private investment

C The inverse relationship between the supply of money and nominal GDP

D An increase in the supply of money and a decrease in the velocity of money

The implications of the "crowding out" effect suggest that

A consumer and investment spending always vary inversely.

B it is very difficult to have excessive aggregate supply in our economy.

C increases in government spending financed through borrowing will increase the interest rate and thereby reduce investment and consumption.

D tax increases are paid primarily out of saving and therefore are not an effective fiscal device.

The actual significance of public debt relative to the economy should be understood by

A Comparing it to the value of exports and imports

B Dividing it by the social security trust fund

C Multiplying it by the size of the population

D Measuring it as a percentage of GDP

Which is an important problem associated with public debt?

A Payments on interest on the debt lead to greater income inequality

B Interest payments on the debt tend to improve economic incentives to work and produce more unemployment

C Government borrowing to finance the debt may increase the level of private investment

D Payment of interest on the debt reduce the amount of money that can be spent on other needs

Just a reminder that I only need the answers, no explanation!

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