The ratio of cash outside the banking system to deposits (cr) is 23%, the actual reserve ratio of commercial banks (rr) is 7%. The money multiplier is

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University
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Hard
Phương Nguyễn
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93 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4.1
4.3
4.5
5
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Assuming an economy starts in a state of full employment equilibrium. Use the AD - AS model to explain how: "Investors are concerned about the future development prospects of the economy" will affect the general price level and output in the short term of the economy? (Assuming other factors remain unchanged).
General price level increases, output increases.
General price level decreases, output decreases.
General price level increases, output decreases.
General price level decreases, output increases.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Value added (VA) is
The output value of the enterprise.
The output value of the enterprise minus the value of intermediate goods purchased from other enterprises.
The output value of the enterprise plus the value of intermediate goods purchased from other enterprises.
The value of intermediate goods purchased from other enterprises.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Organization of the Petroleum Exporting Countries (OPEC) increases production to lower oil prices in the world market. How does this issue affect the aggregate demand - aggregate supply model of oil-importing countries in the short term? (Assuming initially the economy operates at potential output level).
The aggregate demand curve shifts left.
The aggregate demand curve shifts right.
The short-run aggregate supply curve shifts left.
The short-run aggregate supply curve shifts right.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Among the following items, which item is not included in GDP according to the expenditure approach:
Payment to taxi drivers.
Payment to a housekeeper hired by a family.
The value of fruits and vegetables grown and consumed by farmers.
Payment to a babysitter.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Assume that Viet-UC Steel sells steel to Honda Vietnam for 300 USD. The steel is then used to produce a Super Dream motorcycle. This motorcycle is sold to a dealer for 1200 USD. The dealer sells this motorcycle to consumers for 1400 USD. What will GDP be?
300 USD
1200 USD
1400 USD
2900 USD
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normative statements
Aim to answer the question: How much? How?
Make statements and judgments about how the economy should be.
Describe and analyze events, relationships in the economy.
Are statements that are verified by reality.
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