eco121

eco121

University

50 Qs

quiz-placeholder

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eco121

eco121

Assessment

Quiz

English

University

Medium

Created by

Hoàng Mỹ

Used 1+ times

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is correct?

When Fed buys bonds in OMOs, the money supply increases. A change in value of money does shift the money supply curve.

When Fed sells bonds in OMOs, the money supply increases. A change in value of money does shift the money supply curve.

When Fed buys bonds in OMOs, the money supply increases. A change in value of money shifts the
money supply curve to the right

When Fed sells bonds in OMOs, the money supply increases. A change in value of money shifts the money supply curve to the right

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the economic landscape of Azoria in 2010, the following data is presented: personal consumption amounted to 4500,exportstotaled4500,exportstotaled700, Gross Domestic Product (GDP) was 8000,importswere8000,importswere900,and investments were $1600. What was the total of government expenditures in Azoria for the year 2010?
A. $300
B. $1500
C. $1000
D. $2100

$300

$1500

$1000

$2100

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is The CPI ?

is calculated monthly by the Department of Commerce.

is calculated monthly by the Bureau of Labor Statistics.

is calculated quarterly by the Department of Commerce.

is calculated quarterly by the Bureau of Labor Statistics.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In 2022, GDP per capita, current prices in the Vietnam (source: International Monetary Fund-IMF) was almost

$1,200.

$2,000.

$4,000

$5,500

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the economy of Vietnam in 2022, consumption was 3000,exportswere3000,exportswere500, govern-ment purchases were 1250,importswere1250,importswere250, and investment was $950. What was Vietnam's GDP in 2022?

$6050

$5700

$5450

$5550

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the Bank of Canada sells bonds, interest rates

rise, business investment decreases, and the Canadian dollar depreciates.

fall, business investment increases, and the Canadian dollar depreciates.

rise, business investment decreases, and the Canadian dollar appreciates.

fall, business investment increases, and the Canadian dollar appreciates

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Federal Reserve can affect the money supply through:

changing how much it lends to banks.

changing the interest rate it pays banks on the reserves they are holding.

using open-market operations.

All of the answers are correct

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