Macro Chapter 13 Quiz
________ of unemployment in the course of________ make it easier for employees to
________ wages.
A.
Lowranges; arecession; take delivery of lower
B.
Highstages; arecession; negotiate better
C.
Highdegrees; anexpansion; take delivery of lower
D.
Lowdegrees; angrowth; negotiate better - ANS-D
An increase in mixture demand causes an growth in________ only in the quickrun, however
causes an increase in________ in each the short run and the longer term.
A.
RealGDP; real GDP
B.
The pricedegree; the rate level
C.
ActualGDP; the charge degree
D.
The pricelevel; real GDP - ANS-C
Ceterisparibus, an boom incompanies' expectancies of the destiny profitability of funding
spending might be represented by way of a movement from
A.
AD1
to AD2.
B.
AD2
to AD1.
C.
Point A to point B.
D.
Factor B to point A. - ANS-A
German luxury car exports have been harm in 2009 due to the recession. How did this decrease
in exports have an effect onGermany's mixture demandcurve?
, A.
The combination demand curve did no longershift, however there was a movement down the
mixture call for curve.
B.
The combination call for curve shifted to the proper.
C.
The mixture demand curve did now notshift, however there has been a movement up the
mixture demand curve.
D.
The mixture call for curve shifted to the left. - ANS-D
Given the economy is at point A in yr1, what is the difference between the actual boom rate in
GDP in 12 months 2 and the capability growth price in GDP in yr2?
A.
Zero.3 percent points.
B.
1.1 percentage factors.
C.
2.7 percentage factors.
D.
3.7 percent points. - ANS-C
If the U.S. Dollar will increase in fee relative to othercurrencies, how does this have an effect on
the aggregate call forcurve?
A.
This will flow the financial system down alongside a stationary combination demand curve.
B.
This will shift the combination call for curve to the right.
C.
This will shift the aggregate demand curve to the left.
D.
This will move the economy up along a stationary combination demand curve. - ANS-C
In the dynamic aggregated demand and mixture supplymodel, inflation occurs if
A.
The AD curve shifts extra to the proper than the LRAS curve.
B.
The AD curve shifts to the left and the LRAS curve shifts to the proper.
C.
The AD curve shifts to the left and the SRAS curve shifts to the right.
D.
________ of unemployment in the course of________ make it easier for employees to
________ wages.
A.
Lowranges; arecession; take delivery of lower
B.
Highstages; arecession; negotiate better
C.
Highdegrees; anexpansion; take delivery of lower
D.
Lowdegrees; angrowth; negotiate better - ANS-D
An increase in mixture demand causes an growth in________ only in the quickrun, however
causes an increase in________ in each the short run and the longer term.
A.
RealGDP; real GDP
B.
The pricedegree; the rate level
C.
ActualGDP; the charge degree
D.
The pricelevel; real GDP - ANS-C
Ceterisparibus, an boom incompanies' expectancies of the destiny profitability of funding
spending might be represented by way of a movement from
A.
AD1
to AD2.
B.
AD2
to AD1.
C.
Point A to point B.
D.
Factor B to point A. - ANS-A
German luxury car exports have been harm in 2009 due to the recession. How did this decrease
in exports have an effect onGermany's mixture demandcurve?
, A.
The combination demand curve did no longershift, however there was a movement down the
mixture call for curve.
B.
The combination call for curve shifted to the proper.
C.
The mixture demand curve did now notshift, however there has been a movement up the
mixture demand curve.
D.
The mixture call for curve shifted to the left. - ANS-D
Given the economy is at point A in yr1, what is the difference between the actual boom rate in
GDP in 12 months 2 and the capability growth price in GDP in yr2?
A.
Zero.3 percent points.
B.
1.1 percentage factors.
C.
2.7 percentage factors.
D.
3.7 percent points. - ANS-C
If the U.S. Dollar will increase in fee relative to othercurrencies, how does this have an effect on
the aggregate call forcurve?
A.
This will flow the financial system down alongside a stationary combination demand curve.
B.
This will shift the combination call for curve to the right.
C.
This will shift the aggregate demand curve to the left.
D.
This will move the economy up along a stationary combination demand curve. - ANS-C
In the dynamic aggregated demand and mixture supplymodel, inflation occurs if
A.
The AD curve shifts extra to the proper than the LRAS curve.
B.
The AD curve shifts to the left and the LRAS curve shifts to the proper.
C.
The AD curve shifts to the left and the SRAS curve shifts to the right.
D.
