RSM100Y1_07YEAR1_944

Which of the following is not a reason why the

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Unformatted text preview: dies. It is copyrighted by the creator (copyright owner) of the content. 4 Distribution is prohibited without permission from the copyright owner. Solution (if any) is NOT audited, so use at your discretion. 65 43 Te 65 st Do ut or on to a. These economies expanded foreign trade and entered into free-trade agreements. b. The unemployment rates of these economies were too low. c. The money supplies of these economies expanded too rapidly. d. There were major increases in oil prices. e. None of the above; all are reasons why these economies experienced high inflation. : .s tu 5 436 51 r ID: ade nlo 43 er ID Dow 65 : ID ad lo wn Do er 5 ad 436 lo r ID: wn ade Do Dow nlo wn 43 65 1 185 t ID: Tes : 18 51 st load er ID: 4365 Dow nlo Do wn ade r ID: lo ad er ID : 436 5 43 65 ID Te Down 14. In the present Canadian monetary system, gold serves what purpose? : 65 43 ID er ad lo wn Do a. b. c. d. It is exchangeable for Canadian paper currency in circulation It is exchangeable for Canadian bank deposits, but not paper currency It is exchangeable for both paper currency in circulation and bank deposits It can only be exchanged for Canadian paper currency or bank deposits by non-Canadians e. None of the above; it serves none of these purposes. er ID: 4365 Download 1 185 t ID: Tes 65 : 43 ID er lo Do ad wn 15. Which of the following components of GDP is most likely to be affected by 'stock adjustment' behaviour: Do wn lo ad er 18 51 ID : 43 Te st ID : 65 Te st ID ID : y. c de nt bu dd 43 65 Consumption of non-durable goods Government expenditure Changes in Inventories Exports Imports Test ID: 1851 ad e r st ID : 18 a. b. c. d. e. om 18 51 51 : Downloader ID: 4365 Do wn lo ad er 43 65 Te st ID : 18 51 Do ID : wn lo 16. Which of the following will most likely lead to a higher inflation rate: D 18 : ID 65 : ID r nl oa de ut or on 43 Te to Test ID: 1851 st .s tu 51 a. An unemployment rate below the full-employment rate and a fall in interest rates b. An unemployment rate below the full-employment rate and a rise in interest rates c. An unemployment rate above the full-em...
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