Which of the following best illustrates rising productivity?
A. An expansion of the labor force
B. An increase in the value of financial capital
C. A decrease in the amount of physical capital per worker
D. A decrease in the amount of labor needed to produce a unit of output
E. An increase in the amount of resources required to produce a certain level of output
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A decrease in the amount of labor needed to produce a unit of output
Which of the following transactions is included in the financial account of Country X's
balance of payments accounts?
A. A firm in Country X sells robots to a firm in Country A.
B. Country X sends financial aid to Country B.
,C. An individual in Country X receives dividend payments from a firm in Country C.
D. An individual in Country X sends money monthly to family members in Country D.
E. An individual in Country X buys new government bonds issued by Country E.
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An individual in Country X buys new government bonds issued by Country E.
When Stephanie took out a one-year fixed-rate loan, she expected to pay a real interest
rate of 3 percent. At the end of the year, the real interest rate had fallen to 2 percent.
Which of the following could have caused the decrease in the real interest rate?
A. There was an increase in the nominal interest rate.
B. There was a decrease in the nominal interest rate.
C. There was a decrease in the money supply.
D. The actual inflation rate was greater than the expected inflation rate.
E. The actual inflation rate was less than the expected inflation rate.
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The actual inflation rate was greater than the expected inflation rate.
If the marginal propensity to save is 0.25
0.25, a $15 billion increase in government spending will lead to an increase in national
income by a maximum of
A. $60 billion
B. $45 billion
C. $15 billion
D. $11.25 billion
E. $3.75 billion
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$60 billion
A fiscal policy action to reduce inflationary pressure would be to increase which of the
following?
A. The required reserve ratio
B. The discount rate
C. Transfer payments
D. Government spending
E. Income tax rates
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Income tax rates
An increase in which of the following will most likely promote economic growth?
A. Taxes on investment
B. The price level
C. Human capital
D. Consumption of nondurable goods
E. Interest rates
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Human Capital
A. An expansion of the labor force
B. An increase in the value of financial capital
C. A decrease in the amount of physical capital per worker
D. A decrease in the amount of labor needed to produce a unit of output
E. An increase in the amount of resources required to produce a certain level of output
Give this one a try later!
A decrease in the amount of labor needed to produce a unit of output
Which of the following transactions is included in the financial account of Country X's
balance of payments accounts?
A. A firm in Country X sells robots to a firm in Country A.
B. Country X sends financial aid to Country B.
,C. An individual in Country X receives dividend payments from a firm in Country C.
D. An individual in Country X sends money monthly to family members in Country D.
E. An individual in Country X buys new government bonds issued by Country E.
Give this one a try later!
An individual in Country X buys new government bonds issued by Country E.
When Stephanie took out a one-year fixed-rate loan, she expected to pay a real interest
rate of 3 percent. At the end of the year, the real interest rate had fallen to 2 percent.
Which of the following could have caused the decrease in the real interest rate?
A. There was an increase in the nominal interest rate.
B. There was a decrease in the nominal interest rate.
C. There was a decrease in the money supply.
D. The actual inflation rate was greater than the expected inflation rate.
E. The actual inflation rate was less than the expected inflation rate.
Give this one a try later!
The actual inflation rate was greater than the expected inflation rate.
If the marginal propensity to save is 0.25
0.25, a $15 billion increase in government spending will lead to an increase in national
income by a maximum of
A. $60 billion
B. $45 billion
C. $15 billion
D. $11.25 billion
E. $3.75 billion
, Give this one a try later!
$60 billion
A fiscal policy action to reduce inflationary pressure would be to increase which of the
following?
A. The required reserve ratio
B. The discount rate
C. Transfer payments
D. Government spending
E. Income tax rates
Give this one a try later!
Income tax rates
An increase in which of the following will most likely promote economic growth?
A. Taxes on investment
B. The price level
C. Human capital
D. Consumption of nondurable goods
E. Interest rates
Give this one a try later!
Human Capital
