101 Final Exam - FINAL EXAM You are logged in as $ (Logout)...

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FINAL EXAM You are logged in as $$$$$$ ( Logout ) You are here CCO / ► ECONC101-50038 / ► Quizzes / ► Final Exam / ► Review of attempt 1 Final Exam Review of attempt 1 57014 Finis h review Started on Wednesday, 30 July 2008, 12:42 PM Completed on Wednesday, 30 July 2008, 01:12 PM Time taken 29 mins 4 secs Raw score 96/100 (96%) Grade 96 out of a maximum of 100 Question 1 Marks: 4 Which of the following is a basic measure of macroeconomic performance? Choose one answer. a. The U.S. stock market. b. Growth in output. c. The U.S. bond market. d. All of the above.
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Correct Marks for this submission: 4/4. Question 2 Marks: 4 If a country has a trade deficit: Choose one answer. a. Its imports are greater than its exports. b. It is not able to export any goods. c. It becomes more dependent on trade than other countries. d. It has a deficit in both merchandise trade and services. Correct Marks for this submission: 4/4. Question 3 Marks: 4 If an economy is experiencing a recession, the Keynesian approach to achieving full employment is to: Choose one answer. a. Use various supply-side options, such as deregulation. b. Decrease the growth of the money supply. c. Do nothing. d. Employ expansionary fiscal policy including tax cuts and/or more government spending. Correct Marks for this submission: 4/4. Question 4 Marks: 4 After quitting one job, some people find that it takes several months to find a new job. This is an example of which type of unemployment? Choose one answer. a. Structural unemployment. b. Frictional unemployment. c. Cyclical unemployment. d. Seasonal unemployment. Incorrect
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Marks for this submission: 0/4. Question 5 Marks: 4 The money multiplier represents: Choose one answer. a. The lending capacity of the banking system. b. The number of deposit dollars the banking system can create from $1 of excess reserves. c. Faith in the banking system. d.
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101 Final Exam - FINAL EXAM You are logged in as $ (Logout)...

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