Economics Mcqs — Test 27
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Question 1
The assets market approach is most helpful in explaining ?
Question 2
If a Big Mac hamburger sells for the same dollar value in New York as in London then ?
Question 3
Relatively high real interest rates in the United States tend to ?
Question 4
In the presences of purchasing power parity, if one-dollar exchanges for 2 British pounds and if a DVD player costs $400 in the United States then in Britain the DVD player should cost ?
Question 5
A primary reason that explains the appreciation in the value of U.S dollar would be ?
Question 6
When the price of foreign currency (i.e the exchange rate) is below the equilibrium level ?
Question 7
The appreciation in the value of the dollar in the early 1980s is explained by all of the following except ?
Question 8
If Canada runs a balance of payments surplus and exchange rates are floating ?
Question 9
The exchange value of the U.S dollar is primarily determined by ?
Question 10
For the United States suppose the annual interest rate on government securities equals 8 percent while the annual inflation rate equals 4 percent, For Switzerland the annual interest rate on government securities equal 10 percent while the annual inflation rate equals 7 percent the above variables would cause investment funds to flow from ?