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When the $/£ exchange rate rises the pound _ and when the $/£ rates falls the pound ____?

September 11, 2021May 31, 2019 by admin

When the $/£ exchange rate rises the pound _____ and when the $/£ rates falls the pound ________?

A. depreciates, appreciates
B. revalues, devalues
C. appreciates, depreciates
D. becomes more expensive becomes cheaper

If the economy is in the though phase of the business cycle, aggregate demand unemployment inflation and the current account of the balance of payments is likely to move towards ____?

September 11, 2021May 31, 2019 by admin

If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?

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

September 11, 2021May 31, 2019 by admin

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

September 11, 2021May 31, 2019 by admin

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

September 11, 2021May 31, 2019 by admin

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

September 11, 2021May 31, 2019 by admin

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 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 ?

September 11, 2021May 31, 2019 by admin

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

The situation when a country imports more than it exports is ?

September 11, 2021May 31, 2019 by admin

The situation when a country imports more than it exports is ?

A. a recession
B. a trade surplus
C. a trade deficit
D. an expansion.

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

September 11, 2021May 31, 2019 by admin

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 country’s imports and exports of goods and services is called its ?

September 11, 2021May 31, 2019 by admin

The record of country’s imports and exports of goods and services is called its ?

A. visible trade balance
B. balance of trade
C. balance of payments on current account
D. balance of payments.