Test1-2 - MULTIPLE CHOICE Choose the one alternative that best completes the statement or answers the question 1 Money has a major impact on 1_D A

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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Money has a major impact on 1) __D_____ A) the business cycle. B) inflation. C) interest rates. D) each of the above. E) none of the above. 2) Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called 2) ____D___ A) derivative exchange markets. B) commodity markets. C) fund-available markets. D) financial markets. 3) A decrease in the rate of growth of money often results in 3) _D______ A) falling unemployment. B) inflation. C) economic expansion. D) recession. E) both B and D. 4) From 1980 to early 1985 the dollar appreciated in value, thereby benefiting _____ and harming _____. 4) ___D____ A) foreign businesses; American consumers B) American businesses; foreign businesses C) American businesses; American consumers D) American consumers; American businesses 5) An increase in interest rates on student loans 5) __A_____ A) increases the cost of a college education. B) increases costs for students with no loans. C) reduces the cost of a college education.
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This note was uploaded on 05/14/2008 for the course ECON 220 taught by Professor Cai during the Spring '08 term at Rutgers.

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Test1-2 - MULTIPLE CHOICE Choose the one alternative that best completes the statement or answers the question 1 Money has a major impact on 1_D A

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