Monetary Policy NZ
Authored by Sam Graham
Business, Social Studies, Other
11th Grade - University
Used 4+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The government controls the OCR.
True
False
It depends
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If the OCR increases, borrowing will...
increase
decrease
not change
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If the OCR increases, saving will...
increase
decrease
not change
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If saving increases and borrowing decreases, AD will...
increase
decrease
not change
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A decrease in OCR will cause the following change in the NZD:
Decrease demand and increase supply for NZD: depreciation
Increase demand and decrease supply for NZD: depreciation
Neither.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A depreciation of the NZD will make goods overseas more expensive. What happens to AS?
Increases: more likely to make in NZ
Decreases: cost of imported raw materials increases
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lowering the OCR will (in the short run)...
Increase AD and AS
Decrease AD and AS
Increase AD and decrease AS
Decrease AD and increase AS
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