Kevnocia 3 d) 1930s, big push policy. Q.11 Say's law of Market is summarized as- -and it is essentially a--------law. demand creates its own supply, macroeconomic supply creates its own demand, microeconomic Ch - 4 aggregate supply creates its won aggregate demand, microeconomic aggregate supply creates its own aggregate demand, macroeconomic Q.12 The "paradox of flexibility" means if--- exchange rates are flexible, they all tend to be equal in foreign exchange market X all prices are equal internationally price approaches to the equilibrium value if it is fully flexible ch - 4 price tends to stay above equilibrium when there is a shortage.X Q.13 Discount rate is the interest rate charged by------- for its loans to------ and prime rate is the interest rate charged by --- ---- for its loans to Ch - 6 a) federal reserve bank, financial institutions, financial institutions, best customers. b) Federal reserve bank, best customer, financial institution, financial institution Financial institution, best customer, federal reserve bank, financial institution d) Financial institution, federal reserve bank, federal reserve bank, financial institution Q.14 MI money supply does not include-- ch - 6 a) coins b) currency bills c) checkable deposits d) saving deposits Q.15 In an American way, Exchange Rate (ER) is defined as the number of ----- currency units per unit of a ---- currency. This also means an increase in ER would make the depreciation of----currency a) foreign, domestic, foreign Ch- 6 b) domestic, foreign, domestic c) Domestic, foreign, foreign d) Foreign, domestic, domestic Q.16 Which one of the following is NOT the part of a macroeconomic meaning of the real investment (I)? a) purchase of machinery and tools b) construction activities