macroeconomics Test 3

《macroeconomics Test 3》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、ECON2803Spring2010Test3MultipleChoiceIdentifytheletterofthechoicethatbestcompletesthestatementoranswersthequestion.____1.TheincreaseininternationaltradeintheUnitedStatesispartlyduetoa.improvementsintransportation.b.advancesintelecommunications.c.increasedtrad

2、eofgoodswithahighvalueperpound.d.Alloftheabovearecorrect.____2.Netcapitaloutflowmeasuresa.foreignassetsheldbydomesticresidentsminusdomesticassetsheldbyforeignresidents.b.theimbalancebetweentheamountofforeignassetsboughtbydomesticresidentsandtheamountofdomesti

3、cassetsboughtbyforeigners.c.theimbalancebetweentheamountofforeignassetsboughtbydomesticresidentsandtheamountofdomesticgoodsandservicessoldtoforeigners.d.Noneoftheaboveiscorrect.____3.WhichofthefollowingisanexampleofU.S.foreigndirectinvestment?a.APolishcompany

4、opensashipbuildingplantintheUnitedStates.b.ABolivianbankbuysU.S.corporatebonds.c.AU.S.bankbuysBoliviancorporatebonds.d.AU.S.furnituremakeropensaplantinMexico.____4.Otherthingsthesame,whichofthefollowingwouldbothmakeforeignersmorewillingtoengageinU.S.portfolio

5、investment?a.U.S.interestratesrise,thedefaultriskofU.S.assetsriseb.U.S.interestratesrise,thedefaultriskofU.S.assetsfallc.U.S.interestratesfall,thedefaultriskofU.S.assetsrised.U.S.interestratesfall,thedefaultriskofU.S.assetsfall____5.Iftheexchangerateis125yen=

6、$1,abottleofricewinethatcosts2,500yencostsa.$20.b.$25.c.$22.d.Noneoftheaboveiscorrect.____6.Thelawofonepricestatesthata.agoodmustsellatthepricefixedbylaw.b.agoodmustsellatthesamepriceatalllocations.c.agoodcannotsellforapricegreaterthanthelegalpriceceiling.d.n

7、ominalexchangerateswillnotvary.____7.Ifpurchasingpowerparityholds,abushelofricecosts$10intheU.S.,andthenominalexchangerateis2Thaibhatperdollar,whatisthepriceofriceinThailand?a.20bhatb.10bhatc.5bhatd.2bhat____8.Inanopeneconomy,thedemandforloanablefundscomesfro

8、ma.onlythosewhowanttoborrowfundstobuydomesticcapitalgoods.b.onlythosewhowanttoborrowfundstobuyforeignassets.c.thosewhowanttoborrowfundstobuyeitherdomesticcapitalgoodsorforeignassets.d.nei