Answer to Question #210585 in Macroeconomics for Anisha Kumar

Question

True or False Questions

Question 36

As foreign prices raise, we expect domestic exports to increase; and if domestic prices raise, the exports to decline

Select one:

True

False

Question 37

Lack of technology, limited range of processed products, trade costs and supply inconsistency are major problems for Fiji (or Pacific) economies trade performance.

Select one:

True

False

Question 38

If income elasticity of Fiji’s exports are high, a fall in the quality of Fijian goods will drastically reduce Fiji’s trade balance.

Select one:

True

False

Question 39

In a typical fixed exchange rate system, the money supply is less independently controlled by the central bank.

Select one:

True

False

Question 40

Despite different last-two digits of yours and your friend’s ID numbers, if IS = 20XX-150i and LM = 5XX+20i, the value if i and Y will be same if both XX stands for the last two digits of any one’s number.

Select one:

True

False

Answer 1

36: True

37:True

38:True

39:False

40:False