Quiz2_key - FINA 5331 Quiz #2 1. Under the Gold Standard...

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FINA 5331 Quiz #2 1. Under the Gold Standard that existed before 1914, the US $ = 0.048 oz of gold while the British Pound = 0.25 oz of gold. What was the $/£ exchange rate? a. 0.012 b. 5.208 c. 0.192 d. 4.000 e. Cannot be determined from the information given. 2. The Bretton Woods conference following WWII established, a. The IMF. b. The United Nations. c. A floating exchange rate regime. d. The Bundesbank. e. None of the above. 3. If the exchange rate is defined as $/FC, then a fall in the exchange rate; a. Represents a domestic depreciation. b. Represents a domestic appreciation. c. Represents a foreign appreciation. d. None of the above. 4. In the IS-LM model, an increase in government spending will, a. Increase output and increase the interest rate. b. Increase output and decrease the interest rate. c. Decrease output and increase the interest rate. d. Decrease output and decrease the interest rate. e.
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This note was uploaded on 07/16/2011 for the course FINA 5331 taught by Professor Staff during the Spring '08 term at UT Arlington.

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Quiz2_key - FINA 5331 Quiz #2 1. Under the Gold Standard...

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