Macroeconomics Pre-Test

According to this graph, what has happened to the inflation rate in Argentina over the past year?

• Inflation has increased

• Inflation has decreased

• Inflation has stagnated

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2.1.2

Which is the most likely cause of the change to the inflation rate in Argentina over the past year?

• The money supply increased

• The money supply decreased

• The money supply stayed the same

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2.2.4

Which central bank response is most likely to change inflation in Argentina?

• Increase the money supply

• Decrease the money supply

• Keep the money supply the same

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2.2.4

According to this graph, what has happened to the inflation rate in Armenia over the past year?

• Inflation has increased

• Inflation has decreased

• Inflation has stagnated

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2.1.2

Which is the most likely cause of the change to the inflation rate in Armenia over the past year?

• The money supply increased

• The money supply decreased

• The money supply stayed the same

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2.2.4

Which central bank response is most likely to change inflation in Armenia?

• Increase the money supply

• Decrease the money supply

• Keep the money supply the same

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2.2.4

Which statement best describes the current unemployment rate in Angola?

• The unemployment rate is too high

• The unemployment rate is too low

• The unemployment rate is acceptable

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2.1.2

Which of these is a likely cause of the unemployment rate in Angola?

• The money supply is too high

• The money supply is too low

• The money supply is acceptable

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2.2.4

Which central bank response is most likely to change unemployment rate in Angola?

• Increase the money supply

• Decrease the money supply

• Keep the money supply the same

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2.2.4

Which statement best describes the current GDP Growth Rate in the United Kingdom?

• The GDP Growth Rate is too low

• The GDP Growth Rate is too high

• The GDP Growth Rate is acceptable

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2.1.2