ECO 372 Week 5 Final Exam (The 2016 Latest Version) | eBooks | Education

ECO 372 Week 5 Final Exam (The 2016 Latest Version)

ECO 372 Week 5 Final Exam (The 2016 Latest Version) PLDZ-435 Instant Download Price
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ECO 372 Week 5 Final Exam (The 2016 Latest Version)

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1

The government of Crossland wants to influence its exchange rate. It will do so by buying and selling:

Commodities

Goods and services from the current account

Currencies in its official reserves

Transfers

 

2

If banks hold excess reserves whereas before they did not, the money multiplier:

Might increase or might decrease

Will be unaffected

Will become larger

Will become smaller

 

 

3

Quotas and tariffs can:

Yield the same amount of tax revenue if they are set appropriately.

Both increase international trade by the same amount if set appropriately.

Have the same effect on the price of domestically produced goods if they are set appropriately.

Never have the same effect on imports and import prices.

4

The law of demand states that quantity demanded of a good is inversely related to the price of that good. Therefore, as the price of a good goes:

Down, the quantity demanded goes down.

Up, the quantity demanded also goes up.

Down, the quantity demanded stays the same.

Up, the quantity demanded goes down.

 

ECO 372 Week 5 Final Exam (The 2016 Latest Version) https://uoptutorialstore.com/category/eco-372/ 1 The government of Crossland wants to influence its exchange rate. It will do so by buying and selling: Commodities Goods and services from th
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