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Macroeconomic Issues and Analysis

If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______?

If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______?

A. rise; falls; rise; deficit
B. falls; rises; falls; surplus
C. falls; falls; falls; surplus
D. is static; low; rises; deficit

If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______? Read More »

Economics Mcqs, Macroeconomic Issues and Analysis

If a large car importer in the Pakistan wants to import many cars, then the exchange value of the Pak rupees will tend to ?

If a large car importer in the Pakistan wants to import many cars, then the exchange value of the Pak rupees will tend to ?

A. fluctuate more than it would do otherwise
B. appreciate
C. depreciate
D. not be affected

If a large car importer in the Pakistan wants to import many cars, then the exchange value of the Pak rupees will tend to ? Read More »

Economics Mcqs, Macroeconomic Issues and Analysis

If Pakistan’s incomes rise faster than those in most other countries the the exchange value will tend to ?

If Pakistan’s incomes rise faster than those in most other countries the the exchange value will tend to ?

A. fluctuate more than it would do otherwise
B. appreciate
C. depreciate
D. not be affected

If Pakistan’s incomes rise faster than those in most other countries the the exchange value will tend to ? Read More »

Economics Mcqs, Macroeconomic Issues and Analysis

If the Pakistan takes part in a war in the Middle East, then the exchange value of its currency will tend to ?

If the Pakistan takes part in a war in the Middle East, then the exchange value of its currency will tend to ?

A. depreciate
B. not be affected
C. fluctuate more than if it were at peace
D. appreciate

If the Pakistan takes part in a war in the Middle East, then the exchange value of its currency will tend to ? Read More »

Economics Mcqs, Macroeconomic Issues and Analysis

If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan ?

If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan ?

A. will remain the same
B. will decrease
C. will increase
D. could either increase of decrease

If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan ? Read More »

Economics Mcqs, Macroeconomic Issues and Analysis

The record of a county’s transfers of shareholding property and bank deposits to and from abroad is called its ?

The record of a county’s transfers of holding property and bank deposits to and from abroad is called its ?

A. financial account on the balance of payments.
B. balance of payments
C. balance of payments on current account
D. capital account of the balance of payments

The record of a county’s transfers of shareholding property and bank deposits to and from abroad is called its ? Read More »

Economics Mcqs, Macroeconomic Issues and Analysis