Ch10 Quiz 문제지

Ch10 Quiz 문제지

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Question 1 Question 1 1. When planned expenditure is drawn on a graph as a function of income, the slope of the line is: Answer 10 points Question 2 Question 2 1. According to the analysis underlying the Keynesian cross, when planned expenditure exceeds income: Answer 10 points Question 3 Question 3 1. The Keynesian cross shows: Answer 10 points Question 4 Question 4 1.
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Equilibrium levels of income and interest rates are ______ related in the goods and services market, and equilibrium levels of income and interest rates are ______ related in the market for real money balances. Answer 10 points Question 5 Question 5 1. At a given interest rate, an increase in the nominal money supply ______ the level of income that is consistent with equilibrium in the market for real balances. Answer 10 points Question 6 Question 6 1. A decrease in the price level, holding nominal money supply constant, will shift the
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Unformatted text preview: LM curve: Answer 10 points Question 7 Question 7 1. According to the theory of liquidity preference, holding the supply of real money balances constant, an increase in income will ______ the demand for real money balances and will ______ the interest rate. Answer 10 points Question 8 Question 8 1. In the Keynesian-cross model with a given MPC, the government-expenditure multiplier ______ the tax multiplier. Answer 10 points Question 9 Question 9 1. In the Keynesian-cross model, if government purchases increase by 250, then the equilibrium level of income: Answer 10 points Question 10 Question 10 1. (Exhibit: Keynesian Cross) Reference: Ref 10-1 (Exhibit: Keynesian Cross) In this graph, if firms are producing at level Y 1 , then inventories will ______ inducing firms to ______ production. Answer...
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Ch10 Quiz 문제지

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