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.Management Sciences
Category: Macroeconomic Issues and Analysis
Which of the following is a possible government objective as opposed to a policy ?
A. Lower interest rates
B. Lower taxation rates
C. Lower government spending
D. Lower inflation
In the absence of international capital controls, central banks set ________ to provide the correct incentive for speculators?
A. money supply targets
B. income policy
C. interest rates
D. inflation targets
Since 1998 many government have defined unemployment using ?
A. a labour force survey.
B. the number out of work and claiming benefit
C. the percentage of the labour force not in work
D. the ILO/OECD standardised unemployment measurement
The competitive advantage from a devaluation is likely to be offset by _______ and ________?
A. higher import prices, higher wages increases
B. lower export prices, lower imports volumes
C. higher import prices, lower export prices
D. higher wage increases lower import volumes
If a large car importer in the Pakistan wants to import many cars, then the exchange value of the Pak rupees will tend to ?
A. fluctuate more than it would do otherwise
B. appreciate
C. depreciate
D. not be affected
In the short run the level of floating exchange rates is determined mainly by ?
A. interest rates
B. competitiveness
C. trade
D. speculation
Under floating exchange rates, expectations of higher interest rates are likely to cause an ____ of the exchange rate?
A. depreciation
B. appreciation
C. fall
D. devaluation
When capital mobility is perfect interest rate differentials will tend to be offset by ?
A. Price difference
B. balance of payments difference
C. current account differences
D. expected exchange rate changes
Which of the following is macroeconomic issue ?
A. The price of houses in karachi
B. The wage rate for plumbers in Islamabad
C. Your decision to work or stay at home
D. The level of unemployment is pakistan
Unemployment resulting from imperfect information in the labour market is called ____ unemployment?
A. Frictional
B. natural
C. real-wage
D. disequilibrium
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