Details of this Paper

ECO- Macroeconomics Assignment

Description

solution


Question

Question;Question 1 (3 points)For the next 6 questions use the following information:Revenues ExpendituresYear 1 $100 billion $100 billionYear 2 $100 billion $250 billionYear 3 $100 billion $150 billionYear 4 $100 billion $150 billionYear 5 $200 billion $150 billionAt the completion of year 1, which is true?Question 1 options:The budget has a surplus of $100 billionThe national debt is $100 billionThe budget has a deficit of $100 billionThere is a balanced budgetSaveQuestion 2 (3 points)Using the following budgetRevenues ExpendituresYear 1 $100 billion $100 billionYear 2 $100 billion $250 billionYear 3 $100 billion $150 billionYear 4 $100 billion $150 billionYear 5 $200 billion $150 billionAt the completion of year 2, which is true?Question 2 options:The budget has a surplus of $350 billionThe national debt is $250 billionThe budget has a deficit of $150 billionThere is a balanced budgetSaveQuestion 3 (3 points)Using the following budgetRevenues ExpendituresYear 1 $100 billion $100 billionYear 2 $100 billion $250 billionYear 3 $100 billion $150 billionYear 4 $100 billion $150 billionYear 5 $200 billion $150 billionAt the completion of year 3, which is true?Question 3 options:the government has experienced deficit growththe government experienced zero deficit growththe government has experienced deficit reductionthe national debt did not growSaveQuestion 4 (3 points)Using the following budgetRevenues ExpendituresYear 1 $100 billion $100 billionYear 2 $100 billion $250 billionYear 3 $100 billion $150 billionYear 4 $100 billion $150 billionYear 5 $200 billion $150 billionAt the completion of year 4, which is true?Question 4 options:the government's deficit increased by $50 billionthe government experienced zero deficit growththe government's deficit increased has by $150 billionthe government's debt increased by $50 billiontwo of the above are correctSaveQuestion 5 (3 points)Using the following budgetRevenues ExpendituresYear 1 $100 billion $100 billionYear 2 $100 billion $250 billionYear 3 $100 billion $150 billionYear 4 $100 billion $150 billionYear 5 $200 billion $150 billionAt the completion of year 5, which is true?Question 5 options:the deficit increased by $150 billionthe government has a $50 billion budget surplusthe deficit decreased by $150 billionthe government's debt increased by $450 billionSaveQuestion 6 (3 points)Using the following budgetRevenues ExpendituresYear 1 $100 billion $100 billionYear 2 $100 billion $250 billionYear 3 $100 billion $150 billionYear 4 $100 billion $150 billionYear 5 $200 billion $150 billionAt the completion of year 5, which is true?Question 6 options:the national debt is at $50 billionthe national debt is at $100 billionthe national debt is at $150 billionthe national debt is at $200 billionSaveQuestion 7 (3 points)If banks do not make all of their XSR available:Question 7 options:then, the money multiplier gets largerthen, the growth of MS slows downthen, the growth of MS speeds upthere is no effect on the growth of MSboth a & c are correctSaveQuestion 8 (3 points)If the FED sets a Z of 10% and TR = $200,000 what would XSR equal:Question 8 options:$20,000$180,000$800,000$1,800,000SaveQuestion 9 (3 points)If the FED sets a Z of 10% and TR = $200,000 what are the required reserves:Question 9 options:$20,000$180,000$800,000$1,800,000SaveQuestion 10 (3 points)If the FED sets a Z of 10% and TR = $200,000 what is the total growth of MS:Question 10 options:$20,000$180,000$800,000$1,800,000SaveQuestion 11 (3 points)If the FED sets a Z of 10% and a bank's TR = $200,000 what are the required reserves if a bank uses a 20% capital account?Question 11 options:$20,000$40,000$36,000$144,000SaveQuestion 12 (3 points)If the FED sets a Z of 10% and a bank's TR = $200,000 what are excess reserves if a bank uses a 20% capital account?Question 12 options:$20,000$40,000$180,000$1,400,000SaveQuestion 13 (3 points)If the FED sets a Z of 10% and a bank's TR = $200,000 what is the total growth of MS if a bank uses a 50% capital account?Question 13 options:$20,000$90,000$900,000$9,000,000SaveQuestion 14 (3 points)Which occurred during Clinton's presidency?Question 14 options:the government ran a trillion dollar deficitthe government ran a balance budgetthe government ran a surplus budgetuniversal public health care was enactedSaveQuestion 15 (3 points)Pollution has a _____ externality associated with it, so the government should ______ the industryQuestion 15 options:positive, taxnegative, taxpositive, subsidizenegative, subsidizeSaveQuestion 16 (3 points)An example of fiat money is:Question 16 options:The United States DollarItalian Goldsmith certificatesgold coinssilver coinsSaveQuestion 17 (3 points)Use the following to answer questions 17 - 20:Governmental Spending = $7,000,000Consumption = $15,000,000Imports = $5,000,000Investments = $5,000,000 Taxes = $6,000,000Exports = $8,000,000Savings = $9,000, 000What is the situation in the area of trade?Question 17 options:A trade-surplus of $11,000,000A trade-deficit of $11,000,000A trade-surplus of $3,000,000A trade-deficit of $3,000,000A trade-balance existsSaveQuestion 18 (3 points)Use the following to answer questions 17 - 20:Governmental Spending = $7,000,000Consumption = $15,000,000Imports = $5,000,000Investments = $5,000,000 Taxes = $6,000,000Exports = $8,000,000Savings = $9,000, 000If Fila, an Italian shoe manufacturer, opens a plant in Statesboro, GA generating $9,000,000 in new investment, what is the USA "GNP"?Question 18 options:$30,000,000$31,000,000$39,000,000$40,000,000SaveQuestion 19 (3 points)Use the following to answer questions 17 - 20:Governmental Spending = $7,000,000Consumption = $15,000,000Imports = $5,000,000Investments = $5,000,000 Taxes = $6,000,000Exports = $8,000,000Savings = $9,000, 000If Fila, opens a plant in Statesboro, GA generating $9,000,000 in new investment, what is the USA "GDP"?Question 19 options:$30,000,000$31,000,000$39,000,000$40,000,000SaveQuestion 20 (3 points)Use the following to answer questions 17 - 20:Governmental Spending = $7,000,000Consumption = $15,000,000Imports = $5,000,000Investments = $5,000,000 Taxes = $6,000,000Exports = $8,000,000Savings = $9,000, 000Which of the following are true statements?Question 20 options:Leakages = 20 million & Injections = 12 millionLeakages = 12 million & Injections = 20 millionLeakages = 12 million & Injections = 35 millionLeakages = 20 million & Injections = 20 millionSaveQuestion 21 (3 points)The inflationary expectation of the 1960's was initially caused by:Question 21 options:OPEC oil pricesthe Kennedy tax cutNixon taking the USA off the gold standardthe Nixon tax increaseEisenhower's crowding out effectSaveQuestion 22 (3 points)To measure true economic growth one should:Question 22 options:focus on nominal GDPfocus on real GDPfocus on real wagesfocus on nominal wagesSaveQuestion 23 (3 points)1,000,000 seasonally displaced workers 2,000,000 technology-displaced workers 5,000,000 stay at home parents5,000,000 new college graduates seeking a taxable income12,000,000 people earning a taxable incomeBased on the above information how many people are frictionally unemployed?Question 23 options:1,000,0002,000,0005,000,00012,000,000SaveQuestion 24 (3 points)1,000,000 seasonally displaced workers 2,000,000 technology-displaced workers 5,000,000 stay at home parents5,000,000 new college graduates seeking a taxable income12,000,000 people earning a taxable incomeBased on the above information how many people are structurally unemployed?Question 24 options:1,000,0002,000,0005,000,00012,000,000SaveQuestion 25 (3 points)1,000,000 seasonally displaced workers 2,000,000 technology-displaced workers 5,000,000 stay at home parents5,000,000 new college graduates seeking a taxable income12,000,000 people earning a taxable incomeBased on the above information how many people are cyclically unemployed?Question 25 options:1,000,0002,000,0005,000,00012,000,000SaveQuestion 26 (3 points)1,000,000 seasonally displaced workers 2,000,000 technology-displaced workers 5,000,000 stay at home parents5,000,000 new college graduates seeking a taxable income12,000,000 people earning a taxable incomeBased on the above information how many people are not in the labor force?Question 26 options:1,000,0002,000,0005,000,00012,000,000SaveQuestion 27 (3 points)1,000,000 seasonally displaced workers 2,000,000 technology-displaced workers 5,000,000 stay at home parents5,000,000 new college graduates seeking a taxable income12,000,000 people earning a taxable incomeBased on the above information what is the unemployment rate?Question 27 options:35%40%65%67%80%SaveQuestion 28 (3 points)1,000,000 seasonally displaced workers 2,000,000 technology-displaced workers 5,000,000 stay at home parents5,000,000 new college graduates seeking a taxable income12,000,000 people earning a taxable incomeBased on the above information what is the natural rate of unemployment?Question 28 options:35%40%65%67%80%SaveQuestion 29 (3 points)JFK's solution to lower unemployment includedQuestion 29 options:Increasing the MSDecreasing taxesDecreasing interest ratesIncreasing taxesSaveQuestion 30 (3 points)Based on the informationIberia Sri LankaShoes 100 150Socks 50 300 Sri Lanka has an absolute advantage in:Question 30 options:Socks.Shoes.both Socks and Shoes.neither Socks nor ShoesNone of the aboveSaveQuestion 31 (3 points)Iberia Sri LankaShoes 100 150Socks 50 300 The opportunity cost of Iberian shoes is:Question 31 options:2 Socks.3 Socks6 Socks.1/2 Sock1/3 SockSaveQuestion 32 (3 points)Iberia Sri LankaShoes 100 150Socks 50 300 Iberia has a comparative advantage in:Question 32 options:Socks.Shoes.both Socks and Shoes.neither Socks nor ShoesNone of the aboveSaveQuestion 33 (3 points)What do you call a loan a bank makes to another commercial bank?Question 33 options:a discounta loana FED-fundan interestSaveQuestion 34 (3 points)What do you call a loan the FED makes to a commercial bank?Question 34 options:a discounta loana FED-fundan interestSaveQuestion 35 (3 points)Use the following Market Research for questions 35 - 38QD = 3000 - 500P and QS = 400 + 800PWhat is the market equilibrium price?Question 35 options:$2.00$1.0050 cents20 centsSaveQuestion 36 (3 points)Use the following Market Research for questions 35 - 38QD = 3000 - 500P and QS = 400 + 800PWhat is the equilibrium quantity?Question 36 options:1540 units2000 units2200 units2300 unitsSaveQuestion 37 (3 points)Use the following Market Research for questions 35 - 38QD = 3000 - 500P and QS = 400 + 800PWhat is correct at a price of $0.50 (50 cents):Question 37 options:Qs = 2750 unitsQd is 1950 units less than QsQs is 1950 units greater than Qda shortage of 1950 units existstwo of the above are correctSaveQuestion 38 (3 points)Use the following Market Research for questions 35 - 38QD = 3000 - 500P and QS = 400 + 800PWhat is correct at a price of $3.50:Question 38 options:Qs = 1250 unitsQd is 1950 units greater than QsQs is 1950 units less than Qda surplus of 1950 units existstwo of the above are correctSaveQuestion 39 (3 points)If an inflationary period started, what should the FED do?Question 39 options:increase the discount ratedecrease the "Z"buy governmental securitiesincrease governmental spending

 

Paper#56983 | Written in 18-Jul-2015

Price : $36
SiteLock