Category: Economics Mcqs
A. food is hoarded by a few
B. food is shared by all
C. hunting lacks prestige
D. none of the above
During the era of dollar appreciation from 1981 to 1985 a main reason why the dollar did not fall in value was ?
A. flows of foreign investment into the United States
B. rising price inflation in the United States
C. a substantial decrease in U.S imports
D. a substantial increase in U.S exports
B. Official Development Assistance (ODA)
C. Foreign aid
D. Friendly aid
A group of modern economists who believe that markets clear very rapidly and that expanding the money supply will always increase prices rather than employment are the ?
D. new classical school
Due to Japan’s high saving rate, suppose that the Japanese invest abroad. This investment may result in a/an _______ of the Japanese yen and therefore a for Japan?
A. appreciation; trade surplus
B. appreciation; trade deficit
C. depreciation; trade surplus
D. depreciation; trade deficit
Which example of market expectations causes the dollar to appreciate against the yen– expectations that the U.S economy will have ?
A. faster economic growth than Japan
B. higher future interest rates than Japan
C. more rapid money supply growth than japan
D. higher inflation rates than japan