PLEASE ANSWER ALL CORRECTLY. explanation not needed.

Assume that there is an excess demand for euros at the current dollar price per euro. Which of the following is true? The euro will appreciate as the euro market moves to equilibrium. The dollar price per euro will fall as the euro market moves to equilibrium. At the current price per euro, compared to the equilibrium price, European goods are relatively cheaper for US. citizens. At the current dollar price per euro, Europeans will find travel to the United States relatively cheaper, compared to the equilibrium exchange rate. The supply of euros will increase over time to equilibrate the quantity demanded and quantity supplied of euros. In year 5, the nominal GDP is $11,000. Using the base year prices and same quantities of goods and services, the real GDP is $10,000. What is the value of the GDP price deflator? 0.909 $11,000 O1.1 90.0 110Assume in year 1, a basket of goods costs $200, and in year 2, the same basket of goods costs $210. Which of the following is true? OWithout knowing if the consumer purchased the basket of goods, we cannot determine if there has been any change in prices. Olf the goods in year 2 are better than the goods from year 1, the inflation rate exceeds 5 percent. O The simple rate of inflation is 5 percent from year 1 to year 2. There has been deflation of 5 percent from year1 to year 2. O The price index will be lower in year 2 than in year 1.Which of the following statements about the short-run Phillips curve is true? OOutward shifts in aggregate demand lead to a Phillips curve that has an inverse relationship between unemployment and inflation. The short-run Phillips curve is vertical at the natural rate of unemployment. OInward shifts in aggregate supply lead to a Phillips curve that has an inverse relationship between unemployment and inflation. OAlong the short-run Phillips curve, inflationary expectations increase as unemployment increases. O The long-run and short-run Phillips curves intersect where the unemployment rate is zero.Under which of these circumstances will the outstanding debt of Country X increase? Part of the outstanding debt of Country X is sold to citizens of other countries. Interest rates increase and the price of bonds falls. Country X has current expenditures that exceed current tax revenues. The unemployment rate is falling, while the inflation rate is rising. The economy has moved from a recession to a full-employment equilibrium. Crowding out is usually associated with which of the following? Higher wages, lower household income, less savings, less investment Fiscal budget decit, higher interest rates, and reduced private investment Selling bonds, lower money supply, higher interest rates, less consumer spending Higher interest rate, appreciated currency, less net exports Higher unemployment, lower household income, less consumer spending Which of the following statements relating to equilibrium in the AD-AS model is true? In the short run, AD must equal SRAS at equilibrium; in the long run, AD need not equal SRAS at equilibrium. In longrun equilibrium, AD equals SRAS equals LRAS. In longrun equilibrium, there will be cyclical unemployment if AD is less than SRAS. Longrun equilibrium never occurs, since the rate of unemployment must equal zero at that equilibrium. In long-run equilibrium, if there is signicant cyclical unemployment, wages and prices will rise. Assume that the loanable funds market is in equilibrium with a real interest rate of r0. If households increase their savings, which of the following will happen? There will be a decrease in the supply of funds, excess demand for funds, and an increase in the real interest rate. There will be a decrease in the demand for funds, excess supply of funds, and an increase in the real interest rate. There will be an increase in the supply of funds, excess supply of funds, and a decrease in the real interest rate. There will be an increase in the demand for funds and a decrease in the supply of funds with an increase in the real interest rate. There will be a decease in the demand for funds and an increase in the supply of funds with an indeterminate effect on the real interest rate