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Macroeconomics Final Review

Authored by Taliyah Hunter

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Macroeconomics Final Review
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11 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

GDP (Expenditure Approach)

C + I + G + NX

C x I x G x NX

C + I + G / NX

C + I x G + NX

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Real GDP of current year

Nominal GDP (current) x GDP Deflator (base) / GDP Deflator (current)

Nominal GDP (current) + GDP Deflator (base) / GDP Deflator (current)

Nominal GDP (current) / GDP Deflator (base) / GDP Deflator (current)

Nominal GDP (current) + GDP Deflator (base) + GDP Deflator (current)

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Inflation Rate

Price Index (current) - Price Index (base) x 100

GDP Deflator (current) - GDP Deflator (base) x 100

GDP Deflator or Price Index (current) - GDP Deflator or Price Index (base) x 100

GDP Deflator (current) + GDP Deflator (base) / 100

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Level of injections

Government Spending + Exports + Investment

Government Spending + Imports + Investment

Government Spending x Exports x Investment

Government Spending - Exports + Investment

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Level of withdrawals/ leakages

Taxes + Exports + Savings

Taxes + Imports + Savings

Taxes + Investments + Savings

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

M1

Currency + Travel Check + Checking Deposit

Currency / Travel Check + Checking Deposit

Currency + Checking Deposit

Currency x Travel Check x Checking Deposit

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

M2 formula

M1 + Time Deposits + MMMF + Saving Deposit

M2 + Time Deposits + Saving Deposit

M1 + Time Deposits + MMMF

M1 / Time Deposits x MMMF + Saving Deposit

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