Macroeconomics advanced answers test Synergy 30 questio

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Advanced Macroeconomics (Synergy test answers) 30 questions 87/100 points. After the purchase, you will receive answers to questions that are in the product description.

• Ceteris paribus, price increases ...

cuts nominal wages

reduces the real money supply

improves the welfare of creditors at the expense of debtors

gives rise to a positive effect of real cash balances

puts downward pressure on the interest rate

• A shift in the aggregate supply curve can be caused by … policies

only fiscal

only monetary

both fiscal and monetary

only technological

• Wage growth is a source of cost-push inflation when it...

outpaces labor productivity growth

lags behind labor productivity growth

lagging behind price growth

outstrips the growth of costs for other resources

• Gross domestic product (GDP) is different from gross national income (GNI)…

by the value of the balance between income received by residents of a given country abroad and income received by foreign residents in the territory of this country

the fact that GNI includes only final goods and services produced and sold by national residents located in the territory of a given country

the fact that GDP is the sum of all goods and services produced, in contrast to GNI, which is the sum of all goods and services sold

by the amount of the balance between incomes received by legal entities and individuals of this country abroad

• It is not true that under full employment … leads to inflation

rapid growth in the money supply

productivity growth in agriculture

wage growth that exceeds labor productivity growth,

an increase in the state budget deficit financed by the Central Bank,

• A favorable supply shock occurs when...

environmental protection law increases production costs

The Central Bank increases the money supply

unions force government to raise wages

the international oil cartel is liquidated, which leads to a fall in world oil prices

flood destroys part of the crop

• According to the imperfect information model, when the price level rises, if the producer expected prices to rise, he ...

will increase output

will not change the output

will reduce output

hire fewer workers

hire more workers

• In the consumption function, which has the form C = 150 + 0.85Y. The value of Y increases by one unit, then in this case savings ...

are reduced by 0.85 units.

are reduced by 0.15 units.

increase by 0.15 units.

increase by 0.85 units.

• In the AD-AS model, the initial impact of rising consumer optimism leads to a shift…

short-term AS curve to the right

short-term AS curve to the left

AD curve to the right

AD curve to the left

long-term AS curve to the left

• If the economy is described by the data given in the table, then the real interest rate in the second year compared to the first ....

hasn't changed

increased by 5%

decreased by 10%

decreased by 5%

• If the disposable personal income of employee X increased from 12 thousand rubles. up to 17 thousand rubles, and the level of his savings increased from -1000 rubles. up to +1000 rubles, then the marginal propensity X to ...

savings is 3/5

consumption is 1/2

consumption is 3/5

consumption is 1/6

• If, in order to reduce the balance of payments deficit, the Spanish government decides to establish control over foreign trade, then one of the consequences of this decision will be to reduce ...

inflation rate in the country

economic growth

Spanish exports

import of goods and services to Spain

employment rate in Spain

• It is not true that a supply shock occurs if...

oil cartel raises world oil prices

unions force government to raise wages

The Central Bank increases the money supply

drought destroys part of the crop

Additional information

• If the central bank of Greece undertakes a policy aimed at reducing the interest rate, then as a result of this, long-term capital flows from Greece will decrease

long-term capital flows to Greece will increase

short-term capital flows from Greece will decrease

reduced short-term capital flows to Greece

short-term capital flows in Greece will not change

• If the real exchange rate between the currencies of the United States and Japan does not change, although the inflation rate in the United States is 6%, and in Japan - 3%, then the cost of ...

dollar against yen will rise by 3%

yen up 3% against dollar

yen against the dollar will rise by 6%

yen against the dollar will rise by 9%

• With the growth of the real exchange rate (strengthening of the national currency) ...

exports are declining, but imports are not changing

imports are declining, while exports are not changing

exports up, imports down

exports are down, imports are up

the ratio of exports and imports does not change

• If two countries can independently produce two different goods and each of these countries specializes in the production of the goods for the production of which it has a comparative advantage, then in mutual trade ...

countries will become even more independent from each other

the unemployment rate will rise in one country and fall in another

one country will have more efficient production, and the other less efficient

prosperity of both countries will increase

• When revaluing the national currency (ceteris paribus) ...

industries oriented to the consumption of imported raw materials will suffer

export-oriented industries will suffer

Unemployment may rise in the country's trading partners

it is about the failure of the government of this country

• Let the import function have the form: 100 + 0.1Y, and export - an exogenous value, in this case, with income Y = 500 and a trade deficit equal to 50, the export value will be ...

0

50

75

one hundred

• To combat inflation, the Central Bank should:
• If the economy is initially in long-run equilibrium, then as a result of the reduction in military spending according to the AS-AD model in the long run ... compared to initial values
• If a country exports more goods and services than it imports, does not give or receive gifts, then the balance of the account ...
• The money supply will increase if...
• In the Keynesian model of the economy, the equilibrium level of GDP is the level of GDP at which ...
• The highest savings rate is typical for ...
• If the value of exports from the US in dollars does not change, as well as the value of imports to the US in pounds sterling (and in other foreign currencies), then with a 10% depreciation of the dollar ...
• If the GDP of country X in 2010 amounted to 150 billion dollars (in 2010 prices), the GDP deflator in 2010 was 120%, then the value of real GDP in 2010 was …
• If investments become very sensitive to the interest rate, then on the IS-LM chart ...
• It can be argued that the government corrects for a negative supply shock if it …
• It is not true that ... is considered in macroeconomics as an investment