Fiscal multiplier Study guides, Class notes & Summaries
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AP Macroeconomics Practice Test Questions with Multiple Choice Answers 2023
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AP Macroeconomics Practice Test Questions with Multiple Choice Answers 2023 
 
According to the short-run Phillips curve, lower inflation rates are associated with 
 
A) Higher unemployment rates 
B) Higher government spending 
C) Larger budget deficits 
D) Greater labor-force participation rates 
E) Smaller labor-force participation rates - A) Higher unemployment rates 
 
The Phillips curve demonstrates the inversely proportional relationship between inflation and unemployment (more unemploym...
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Edexcel A-level Economics Theme 4 questions and answers.
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Globalisation 
Increased interdependence between countries and the rapid rate of change it brings about 
 
 
 
Factors contributing to globalisation (5) 
Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) 
 
Improvements in IT and communication (Allows global operations) 
 
Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) 
 
International financial markets (Raising money and transferring it globally) 
 
TNCs (Low p...
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ECON 103 FINAL EXAM STUDY GUIDE QUESTIONS AND ANSWERS GRADED A
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Final Exam Study Guide 
Mixing of chapters to put things together: 
A short-run equilibrium (SRE) is an intersection between which curves? 
AD & SRAS 
A long-run equilibrium (LRE) is an intersection between which curves? 
AD & SRAS & LRAS (resources institutions technology) 
(Classify these points as short run equilibriums, long run equilibriums, recessions, and/or overheated 
economies and make up unemployment rates for each point) 
At A the economy is at Recession (U>U=5%) (U=7%) (U=17%) 
A...
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California Real Estate Practice Exam 2 Review Questions and Answers
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1.An escrow closed on May 16, 2002. Property taxes for the fiscal year 2002-03 
are: (A) Seller's personal responsibility; (B) Buyer's personal responsibility; (C) A lien on the property; (D) None of the above c 
 
2.On June 10, a prospective buyer gave broker and signed the usual form of an offer to deposit to a purchase property. The deposit form included the statement, This offer is irrevocable for five days. On June 11, and before the offer had been accepted by the seller, the buyer contac...
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Economics CFA Chartered Financial Analyst Level 1 Questions with Correct Answers.
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Money multiplier Correct Answer 1/reserve requirement 
 
Macroeconomic equilibrium Correct Answer where the IS and LM curves intersect. IS curve shows equilibrium between income and expenditure. LM curve shows equilibrium between the real money supply and the real interest rate 
 
M/P Correct Answer the money supply 
 
National income Correct Answer the total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr) 
 
GD...
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AQA AS ECONOMICS Paper 2 The National Economy in a Global Context MAY 2023
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AQA	 
	 
 
 
 
AS	 
ECONOMICS 
Paper 2 The National Economy in a Global Context 
 
Monday 22 May 2023	Morning	Time allowed: 1 hour 30 minutes 
Materials 
For this paper you must have: 
•	the Insert 
•	a calculator. 
 
Instructions 
•	Use black ink or black ball-point pen. Pencil should only be used for drawing. 
•	Fill in the boxes at the top of this page. 
•	Answer all questions in Section A. 
•	Answer either Context 1 or Context 2 in Section B. 
•	You will need to refer to the In...
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Sophia Macroeconomics Milestone 4
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Sophia Marcoeconomics 
Milestone 4 
1 
Which statement below regarding the stagflation of the late 1970s/early 1980s is true? 
The Phillips curve represented the state of the economy at the time. 
Expansionary fiscal policies succeeded in lowering the unemployment rate. 
Expansionary fiscal policy led to double digit inflation. 
Disruptions in the oil supply caused the LRAS curve to move to the left. 
CONCEPT 
Pros and Cons of Monetary and Fiscal Policy 
2 
Which of the following would be true o...
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WGU C211 Principles of Economics chp 34,7,23, & 9 Questions With Answers
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liquidity preference - Keynes's theory that the interest rate adjusts to bring money supply and money demand into balance 
 
monetary policy - either in terms of the money supply or in terms of the interest rate 
 
fiscal policy - the setting of the level of government spending and taxation by government policymakers 
 
multiplier effect - the additional shifts in aggregate demand that result when expansionary fiscal policy increases income and thereby increases consumer spending 
 
crowding-ou...
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Sophia Learning - Macroeconomics - Final Milestone
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Which of the following is true about exchange rates? 
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They often change as a result of changing economic conditions in one country compared to another. 
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A country's exchange rate will depend on how much supply and demand exist for its currency. 
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Exchange rates matter when making international purchases or traveling abroad. 
• 
All of the above are true regarding exchange rates. 
CONCEPT 
Foreign Exchange and Currency 
2 
Select the statement below that is true of ONLY price...
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ECON 302 INTERMEDIATE MACROECONOMICS Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100 Correct with Explanations, Highly Recommended, Download to Score A+
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ECON 302 INTERMEDIATE MACROECONOMICS Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100 Correct with Explanations, Highly Recommended, Download to Score A+ 
Question One 
a)	You are provided with the following hypothetical economy Y = C + I + G + nx Where	 C = 200 + 0.8Yd 
I = 500 – 0.1Y 
G = 400 
T = 0.8 + 0.1Y 
Required 
(i)	Derive the equilibrium condition. 				(5mks) 
(ii)	Represent the equilibrium in a graphical analysis. 	(5mks) 
(iii)	Explain the re...
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