What is the main objective of the lesson titled "Connections, Conflicts & Compromises"?

Connections, Conflicts & Compromises Quiz

Quiz
•
Business
•
10th Grade
•
Hard
Tyrone Silva
Used 1+ times
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52 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To learn about historical events
To understand the 'bigger picture' of how policies fit together
To study environmental science
To explore ancient civilizations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the potential areas of focus in achieving macroeconomic objectives according to the lesson?
Environmental sustainability
Trade-offs and conflicts
Technological advancements
Cultural heritage
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What effect should a fall in the value of the pound have on imports? And on exports?
Increase in imports, decrease in exports
Decrease in imports, increase in exports
No effect on imports or exports
Increase in both imports and exports
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Explain the likely effect of an interest rate rise on the exchange rate and on the balance of payments.
Decrease in exchange rate, worsening balance of payments
Increase in exchange rate, improving balance of payments
No change in exchange rate, no effect on balance of payments
Decrease in exchange rate, improving balance of payments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Describe two mechanisms/policy instruments that may absorb the impact of an exogenous economic shock.
Monetary policy and fiscal policy
Trade restrictions and subsidies
Currency devaluation and tariffs
Import quotas and export bans
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do imports become less attractive to consumers and businesses?
Imports are cheaper for foreign buyers.
Business production costs decrease.
Imports are more expensive.
Export volumes decrease.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What effect do higher interest rates have on exchange rates?
They decrease the exchange rate.
They attract 'hot money' and increase the exchange rate.
They have no effect on the exchange rate.
They reduce the balance of payments.
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