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Chapter 16,17,18,19

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Chapter 16,17,18,19
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20 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Total exports of final goods and services minus total imports of final goods and services

Net exports

Trade balance

Trade surplus

Trade deficit

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Seeks to counteract business cycle fluctuations

expansionary fiscal policy

contractionary fiscal policy

countercyclical fiscal policy

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Paper bills and coins used to buy goods and services

Currency

Exchange

Barter

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is an example of contractionary fiscal policy?

decreasing the money supply

increasing the interest rate

increasing government spending

increasing taxes

5.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Money supply measure that is composed of currency and checkable deposits is known as ______.

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Banks increase the money supply by:

printing (minting) money

controlling interest rates

lending out funds to borrowers

storing the money of savers

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

According to the models in Chapter 18, monetary policy is:

more effective in the long run.

more effective in the short run.

equally effective in the long run and short run.

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