If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?

Related Mcqs:

Government policies that focus on changing taxes and government spending are called ?

A. fiscal policies B. incomes policies C. supply-side policies D. monetary policies...

An economy that trades with and has financial dealing with other countries is called a/an ________ economy?

A. free-trade B. autarkic C. open D. mixed...

Which fixed exchange rates and no private capital flows, to correct a balance of payments deficit, the central bank will _______ and ________ ?

A. buy foreign exchange, sell domestic currency B. sell foreign exchange buy domestic currency C. buy foreign exchange buy domestic currency D. sell foreign exchange sell domestic currency...

Aggregate supply is the total amount ?

A. of products produced by a given industry. B. produced by the government C. of labour supplied by all households D. of goods and services produced in an economy....

If the economy is in the recessionary phase of the business cycle, aggregate demand ___ unemployment ____ inflation ___ and the current account of the balance of payments is likely to move towards ____?

A. falls; falls; falls; surplus B. is static; low; rises; deficit C. falls; rises; falls; surplus D. rises; falls; rises; deficit...