Question
Please help with the following multiple choice questions, thanks!! 1.The foriegn sector ______ monetary policy goals? a.Enhances b.Negates c.does not affect d.Mutes 2.Which source of
Please help with the following multiple choice questions, thanks!!
1.The foriegn sector ______ monetary policy goals?
a.Enhances
b.Negates
c.does not affect
d.Mutes
2.Which source of recent economic growth in China will continue producing growth into their future?
a.Increase in the percent of the workforce to overall population
b.Rapid urbanization
c.Implementing existing technologies
d.None of the above
3.According to Neoclassical thought (and Keynesian as well), long term growth in an economy is only possibe via?
a.Increased economies of scale
b.Stronger aggregate demand spending
c.Increased productivity
d.Keeping unemployment low
4.As fiscal policy seeks to 'cure' high unemployment, it will?
a.Strengthen the dollar
b.compliment monetary policy
c.Weaken the dollar
d.not affect the value of the dollar
5.A monetary policy cure for high inflation would be?
a.Decrease the required reserve
b.Buy via open market operations
c.Increase the required reserve
d.Decrease taxes
6.Whick of the following factors tends to only affect the U.S. dollar and a few other currencies like the British pound?
a.Sought as a store of wealth
b.The desireability of domestic goods
c.Speculation
d.The amount of paper to economic output
7.What criteria serves as the basis for all free trade?
a.Comparative advantage
b.The strength of ones currency
c.Absolute advantage
d.Economies of scale
8.What country is currently engaging in the 'Belt and Road' initiative?
a.China
b.Russia
c.India
d.US
9.What is it called when one currency is guaranteed to trade at a particular rate with another countries currency?
a.The gold standard
b.A peg
c.The Brenton woods accord
d.Floating exchange rate
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