ECON-1012-B-Introduction to Macroeconomics
Looking for ECON-1012-B-Introduction to Macroeconomics test answers and solutions? Browse our comprehensive collection of verified answers for ECON-1012-B-Introduction to Macroeconomics at moodle.uleth.ca.
Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!
Which of the following statements about Canada's real exchange rate is correct?
- The real exchange rate is a measure of the quantity of Canadian dollars exchanges for a unit of another currency.
- The real exchange rate is the value of the Canadian dollar expressed in units of foreign currency per Canadian dollar.
- The real exchange rate is the relative price of Canadian-produced goods and services to foreign-produced goods and services.
- The real exchange rate is a measure of the quantity of the real GDP of other countries that a unit of Canadian real GDP buys.
100%
0%
0%
0%
0%
View this question
When is a country a creditor nation?
✅
❌
❌
❌
❌
View this question
If the price of a burger is $2.90 Canadian in Toronto and $3 U.S. in New York, and if purchasing power parity holds, what is the exchange rate?
❌
❌
✅
❌
❌
View this question
Which of the following events in the foreign exchange market shifts the supply curve of Canadian dollars rightward?
0%
0%
100%
0%
0%
View this question
In the foreign exchange market for Canadian dollars, which of the following events will definitely raise the Canadian dollar exchange rate?
❌
❌
❌
✅
❌
View this question
The expected future exchange rate increased. What happens today in the foreign exchange market?
❌
❌
❌
❌
✅
View this question
When will households choose to increase saving?
0%
0%
0%
100%
0%
View this question
When the real interest rate falls or expected profit decreases, what happens to the demand for loanable funds?A fall in the real interest rate ________ the demand for loanable funds curve, and a decrease in expected profit ________ the demand for loanable funds curve.
0%
0%
0%
100%
0%
View this question
| Table 7.2.2 |
| Real interest rate(percent per year) | Loanable funds demanded(trillions of 2012 dollars) | Loanable funds supplied (trillions of 2012 dollars) |
| 2 | 10 | 8 |
| 3 | 9 | 9 |
| 4 | 8 | 10 |
| 5 | 7 | 11 |
| 6 | 6 | 12 |
| 7 | 5 | 13 |
| 8 | 4 | 14 |
0%
0%
0%
0%
100%
View this question
What is the economist's term for the tendency for private saving to increase in response to growing government deficits?
0%
0%
0%
100%
0%
View this question
Want instant access to all verified answers on moodle.uleth.ca?
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!