If the economy is in the expansionary phase of the business cycle, aggregate demand ____ unemployment ____ inflation ____ payments is likely to move towards ____?

Related Mcqs:

Which of the following is a policy instrument as opposed to a government objective ?

A. lower interest rates B. A better balance of trade position C. Faster economic growth D. Lower unemployment...

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...

Floating exchange rates are ____ in the short run?

A. stable B. predictable C. volatile D. depreciating...

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 one country, with floating exchange rates, has higher inflation than its competitors we would expect its exchange rate to ?

A. appreciate B. depreciate C. revalue D. be in short supply...