Reading Checks

Reading Checks - IST‘SS 2011 IN THIMONEY INC EMP ECDMQD...

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Unformatted text preview: IST‘SS 2011 IN THIMONEY INC EMP ECDMQD tECOMZD 001 1ST882011 > ASSIGNMENTS > TAKE ASSESSMENT: READING CHECK 1 [gm Take Assessment: Reading check 1 {00:90 Name Reading check 1 Instructions This survey should be completed by Wednesday May 11th, at 11.30pm. You can use book, notes etc, and you are encouraged to discuss the questions with your class-mates but each student must complete his own survey. Multiple Attempts Not allowed. This Test can only be taken once. Force Completion This Test can be saved and resumed later. ‘ Question Completion Status: / V Question 1 2.5 points Save The most comprehensive measure of the aggregate price level is the: a. Consumer Price Index bi Producer Price Index 5‘ c. GDP deflator d. Whole Sale Price Index I) [,5 Question 2 2.5 points Save To get from GNP to National Income, the major adjustments are to; ‘ a; Substract personal incom taxes and social security contributions "" b. add transfers payment and personal income taxes "" c. add depreciation and substract invetory investment 6! d. substract depreciation and indirect taxes 1 Question 3 2.5 points Save Which of the following will n_ot be counted as investment in the national accounts ' ‘ a. The building of a factory by GM (General Motors) "' b. An increase in GM raw materials inventory " c. The addition of some equipment by GM .» m d. The purchase of a share stock in GM by an employee of GM V Question4 2.5 points Save GDP includes: a. the current production of all goods and services with in the economy. "' b All the intermediate and final goods and services produced " c. All traded goods and services '3" d. None of the above Save ) Submrt ) lSTS§ 2011 IN THlMONEY INC EMP ECOMEO jECOMEO GU'I 15T852011} > ASSIGNMENTS > TAKE ASSESSMENT: READING CHECK 3 Em Take Assessment: Reading Check 3 Name Reading Check 3 ll Instructions Answer the following questions based on chapter 7. This is graded assigment. You may work in groups and used notes, books internet etc. it is due on Tuesday 11.30 am. Multiple Attempts Not allowed. This Test can only be taken once. Force Completion This Test can be saved and resumed later. ‘ Question Completion Status: Duesuon 1 10 points Save In the IS—LM, with fixed prices. if there is an increase in taxes IS will shift to the right. r3] lS will shift to the left. LM will shift to the right. LM will shift to the left. ‘ Question2 10 points Save According to the Keynesian Theory (within lS—LM, fixed prices) an exogenous reduction in the money supply is most likely to: increase interest rates, investment and aggregate spending. .a increase interest rate, and lower investment and aggregate spending. reduce interest rate and increase investment and aggregate spending. reduce interest rate, investmnet and aggregate spending. ‘ Question3 10 points Save In the IS—LM model with fixed prices. If the demand for money is Md=50+0.2Y-10r, and there is a 10 unit increase in the money supply, then the LM will shift to the right by: 10 units '9' 50 units 40 units 0 units t Question 4 10 points Save The lower the interest rate sensitivity of the demand for money, the More effective is fiscal policy and the less effective is monetary policy. :3! More effective is monetary policy and the less effective is fiscal policy less effective are both monetary and fiscal policy. more effective are both monetary and fiscal policy. Save ) Submn } ISTSS 201'! IN THI'MONEY lNC EMF ECON420 ECOMEO 001 TSTSS2G11 > TAKE ASSESSMENT: READING CHECK 4 [gm Take Assessment: Reading Check 4 Name Reading Check 4 Instructions _ I A Read chapter 8 and the answer the followrng questions. I suggest first to read the questions, check them with classmates and finally answerthem. This Assigment is graded and will be due on May 305t 9.00 am. EC Multiple Attempts Not allowed. This Test can only be taken once. Force Completion This Test can be saved and resumed later. " uestion Completion Status: Question 1 10 points Save In Chapter 6 and 7, the implicit assumption about aggregate supply was: Aggregate supply schedule was vertical. "5 Aggregate supply schedule was horizontal. Aggregate supply schedule was upward sloping to the right. supply of output was fixed. Question 2 10 points Save An autonomous increase in the price of oil on world market would cause: Aggregate output to rise and the aggregate price level to fall. Aggregate output to rise and the aggregate price levelto rise. Aggregate output to fall and the aggregate price level to fall. Aggregate output to fall and the aggregate price level to rise. fluestion 3 10 points Save In the Keynesian model with a variable money wage and variable price level, an increase in the money supply results in a fall in the ’_f.—n—_—_- :—_..___F__I areal wagg_____‘ level of employment. re u put. ...
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Reading Checks - IST‘SS 2011 IN THIMONEY INC EMP ECDMQD...

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