Macroeconomic Measures of International Trade
Which of the following is true for the balance of international payments, or just balance of
A way for banks to clear checks drawn on foreign banks
Current account plus the capital account and must a
Shifts in Aggregate Demand
Which of the following policies represents an example of a legislation passed to increase taxes to
offset the effects of demand-pull inflation?
Expansionary monetary policy
Contractionary fiscal policy
Contractionary monetary po
Global Economy and Economic Development
Which of the following describes when poor countries enter the world economy, borrow
currency, offer loans, or put their money in foreign stocks and other investments?
Increased volume of exports and imports
Open Economy Macroeconomics
As a countrys exchange rate _, its exports become relatively _ to
decreases; less expensive
constant; more expensive
increases; less expensive
constant; less expensive
If you go on vacation in Europe and 1 U.S. doll
If a countrys GDP grows by 2% per year, then its real domestic output doubles in about
On which of the following factors is economic growth largely depended?
The public sector alone
The quantity of go
Which of the following groups was mainly focused on reducing tariffs in the past?
Association of Southeast Asian Nations (ASEAN)
North American Free Trade Agreement (NAFTA)
World Trade Organization (WTO)
General Agreement on Tariffs and T
Strategies of Economic Growth
The rise of the manufacturing age, converting much of society from farmers to builders or
manual laborers is known as _.
the backwardness hypothesis
foreign direct investment (FDI)
_ refers to the
Standard of Living
Which of the following would result when a countrys rate of productivity growth declines?
Inflation rate reduces
Education and training increases
Growth of the standard of living increases
Industries are more competitive
Growth of the s
Determinants of Economic Growth
Which of the following represents economic growth?
A movement to a point outside the production possibilities curve
A movement to a point inside the production possibilities curve
A shift to the left of the production possi
When a country specialized in producing a product where it is the least opportunity cost
producer, it is _.
establishing a balance of trade
ensuring full employment of its labor force
equating the peoples wants with their needs
The highest valued alternative forgone when a choice is made is called a(n) _.
Which of the following terms best describes the condition when a business has its employees
engage in j
Society faces tradeoffs in a variety of economic settings. It gains as a result of the production of
the goods that consumers want. However, often these processes result in unintended side effects,
externalities. The question facing policy ma
Market failure is the term economists use to describe situations where market allocations are not
efficient. A common explanation is that the equilibrium market price does not include all costs or
benefits associated with the production and
Perfect competition and monopoly are polar opposites.
In a pure monopoly, only one seller services the entire market. Firms in perfectly competitive
markets are price takers, while monopolists are able to choose the price that maximizes their
Using presentation skills can and will enhance ones ability to communicate with an
audience of higher ups or peers by at least 10x fold. This method is used daily in my own line of
work in the military. In the military we use presentations to show current
Running head: THE ADVANTAGE AND DISADVANTAGE OF POLICE CAMERAS
The advantage and disadvantages of police cameras
Pierre Jyon Fuller
American Intercontinental University
THE ADVANTAGE AND DISADVANTAGE OF POLICE CAMERAS
Law enforcement cameras
Colin Luther Powell has been a very influential person inspiring people to date. Mr.
Powell is a retired 4-star general of the United States Army, former chairman of the Joint Chiefs
of Staff and former secretary of state. I chose him for my paper due to
ECON220 Unit 4 Individual Project
Unit 4 Individual Project
J Bruce Parker
American Intercontinental University Online
ECON220 Unit 4 Individual Project
Extremely high levels of pollution can cause gove
The cost to a household for daily necessities, such as housing (renting or owning), food, clothing,
and health care is called _.
the cost of living
The percentage change in the CPI is a measure of the rate of
Monetary Policy and Its Effect on the Macroeconomy
There are different types of credit that the Fed offers to banks. Which of the following types of
credit has a higher interest rate and a greater level of supervision?
History and Structure of the Federal Reserve
How many Regional Federal Reserve Districts and Banks make up the Federal Reserve System?
According to the map of Federal Reserve Districts, the Kansas City Federal Reserve bank is in
Aggregate Demand: Components
Which of the following components make up aggregate demand?
All of the answers are correct
If the Fed increased the money supply to offset the effects of a recession, that
Week 2 Intellipath Impotrant Macroeconomic Problems
1. Which of the following types of unemployment occurs as a result of the search process?
2. What is a recession?
An increase in the natural rate of unemployment
Introduction to the Business Cycle
Which of the following are not considered leading indicators?
Business' quarterly review
Money supply, M2
Stock prices, 500 common stocks
Building permits, new private housing units
Which of the following terms describes
Outside the National Accounts
Which of the following national account is babysitting reported under?
Consumption: durable goods
It is not reported
The GDP does not accurately capture the impacts of positive and negative ex
Aggregate Demand, Aggregate supply, and Macroeconomic
Aggregate demand is a(n) _ sloping curve, while aggregate supply is a(n)
_ sloping curve.
_ is the total demand for goods
Aggregate Measures and the National Income Accounts
Which of the following characteristics include public transfer payments?
Transfer payments subsidize railroad maintenance.
Transfer payments subsidize highway construction.
The recipients do not contribu
Functions of financial systems
An alternative way to view macroeconomic equilibrium is when planned investment spending is
equal to _ of the economy.
What is the main function of banks?
Government Debt and Economic Growth
Which of the following are consequences of government deficits that minimize national saving?
There are no consequences the economy will return to steady state
Input and living standards will be higher in the end
How is the federal budget surplus calculated?
Subtracting consumption and investment from government spending
Adding tax revenues to government spending
Subtracting government spending from tax revenues
Adding together consumption, inves