vu eco403 Final Term - Quiz No.16
vu eco403 Macroeconomics Quiz
This quiz belongs to book/course code vu eco403 Macroeconomics of vu organization. We have 22 quizzes available related to the book/course Macroeconomics. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 1: Labor productivity measures:
The output per worker
The output per machine.
Total output
Marginal output
Question 2: C = Yp is the consumption equation of:
Keynesian consumption theory
Franco Modigliani's consumption theory
Simon Kuznet's consumption theory
Milton Friedman's consumption theory
Question 3: Monetary policy is conducted by country's __________ bank.
Commercial
Central
Private
Public
Question 4: Under a freely flexible exchange rate system, a deficit in a nation's balance of payments is corrected by:
A depreciation of the domestic currency
None of the given options
A depreciation of the foreign currency
An appreciation of domestic currency
Question 5: Which of the following events will lead to an increase in the demand for money?
An increase in the level of aggregate output
A decrease in the price level.
An increase in the interest rate
An increase in the supply of money
Question 7: Nominal exchange rate in terms of growth rate can be written as:
ε/ε + π*-π
ε/ε - π*-π
ε/ε - π*+π
ε/ε + π*+π
Question 9: Which of the following would NOT be counted as a government purchase of a good or a service?
The purchase of a new stealth bomber
Your grandmother receipt of her monthly Social Security benefit
The construction of a new dam by the U.S. Army Corps of Engineers
The hiring of a new police officer by New York City
