C de nt bu dd 43 65 consumption of non durable goods

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Unformatted text preview: ployment rate and a fall in interest rates d. An unemployment rate above the full-employment rate and a rise in interest rates e. A decrease in the world stock of gold. Down er ID: Do w load 4365 17. Which of the following is the best reason why the U.S. economy had a recession in 2001: Test ID: 1851 1 t ID: Tes a. b. c. d. e. 185 The stock of investment goods in the U.S. was too high The Canadian economy had a recession in 2001 Tax rates in the U.S. were too low Demand by China for U.S. products was too high Spending by the U.S. government was too high Tes t ID: 185 1 4365 der ID: Downloa Oxdia @ http://www.oxdia.com Downloader ID: 4365 This item is shared by the uploader to help you in your studies. Downlo ader ID: 4365 It is copyrighted by the creator (copyright owner) of the content. Dow nlo 5 Distribution is prohibited without permission from the copyright owner. ade r ID: 436 5 Solution (if any) is NOT audited, so use at your discretion. Do wn lo ad er ID : 43 65 18. When the Bank of Canada lowers interest rates, which of the following is most likely to occur: a. b. c. d. e. Tes t ID: 185 1 Demand for housing goes down and employment increases Demand for automobiles does down and employment decreases Exports go up and employment decreases Government spending goes down and employment decreases Business Investment goes up and employment increases ID: 1851 Test 19. Which of the following will most likely lead to a higher inflation rate: 18 51 Downloader ID: 4365 5 436 ID : r ID: ade Te st nlo ID: 1851 r st ad e ID : 18 51 43 lo wn 51 Do wn : ID 65 43 18 : er ad 65 st er ad ID lo wn Do : 43 Te to : ID nl oa de r 65 43 Do w 1851 on ID: Spending on new houses Spending on computer equipment by businesses Spending on gasoline by consumers Spending on DVD players by consumers Build-ups in inventories by retailers ut or Test a. b. c. d. e. ID lo wn Do .s tu 20. Which of the following is least likely to be affected by stock adjustment: 21. When inventories of goods produced are too high, firms: Test a. b. c. d. e. ID: 1851 Increase production to use u...
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This note was uploaded on 01/09/2013 for the course RSM 100 taught by Professor Oesch during the Spring '08 term at University of Toronto- Toronto.

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