(02.03 MC) John has just graduated and is actively looking for a full-time job. However, he has found a part-time job in an ice cream shop, but he is still actively looking for a full-time job opportunity. Keeping other things the same, which of the following is true about John’s employment status?

(03.09 LC) As a tool of fiscal policy, one advantage of automatic stabilizers is that they

(06.04 HC) The government of country B follows an expansionary fiscal policy by increasing government spending. What will the immediate (short-run) impact of such a move be on the foreign exchange rate?

(06.03 MC) In recent times, America has experienced an increase in the demand for coffee. About 24% of its coffee beans are being imported from Brazil. What happens when there is increase in the exchange rate of U.S. dollars against the Brazilian currency, the real?

(06.04 HC) Prices in Country A sharply rose due to a supply shortage and led to high levels of inflation in the economy. What effect is this price increase likely to have on domestic currency in the foreign exchange market?

(03.05 MC) Which of the following is true about the long-run equilibrium in the economy?

(04.07 MC) If an economy is experiencing equilibrium in the loanable funds market with an 8% interest rate, what are the consequences if the interest rate falls to 6%?

(04.07 MC) Which of the following explains the difference between the national savings in a closed economy versus an open economy?

  (03.03 MC) Which one of the following events will explain the leftward shift of the short-run supply curve?

(05.06 LC) Which of the following will increase the productivity and economic growth of a nation?