Final Exam
Final Exam
Questions from Previous Versions of Final Examinations
1. The largest component of Aggregate Spending is (a) consumption. (b) wage income. (c) investment. (d) net exports. (e) government transfer payments.
|Fiscal policies likely to shift the Aggregate Demand curve from AD0 to AD1 would include an |[pic] |
|increase in the: (a) level of government spending on national defense. (b) sale of U.S. | |
|Treasury bonds by the Federal Reserve System. (c) marginal tax rates on corporate and personal | |
|incomes. (d) reserves that banks are required to hold as percentages of their deposits. | |
|Monetary policies likely to shift the Aggregate Demand curve from AD0 to AD1 would include an | |
|increase in: (a) government spending on schools, roads, and interstate highways. (b) purchases | |
|of U.S. Treasury bonds by the Federal Reserve System. (c) marginal tax rates on corporate and | |
|personal incomes. (d) reserves that banks are required to hold as percentages of their | |
|deposits. | |
2. Rising per capita income in the United States would probably result in a decrease in: (a) the number of yachts sold. (b) the demand for used tires. (c) the supply of unskilled labor. (d) federal budget surpluses. (e) autonomous net imports.
3. Firms are most likely to adopt an “efficiency wages” policy in attempts to: (a) offset workers’ desires to unionize.
Questions from Previous Versions of Final Examinations
1. The largest component of Aggregate Spending is (a) consumption. (b) wage income. (c) investment. (d) net exports. (e) government transfer payments.
|Fiscal policies likely to shift the Aggregate Demand curve from AD0 to AD1 would include an |[pic] |
|increase in the: (a) level of government spending on national defense. (b) sale of U.S. | |
|Treasury bonds by the Federal Reserve System. (c) marginal tax rates on corporate and personal | |
|incomes. (d) reserves that banks are required to hold as percentages of their deposits. | |
|Monetary policies likely to shift the Aggregate Demand curve from AD0 to AD1 would include an | |
|increase in: (a) government spending on schools, roads, and interstate highways. (b) purchases | |
|of U.S. Treasury bonds by the Federal Reserve System. (c) marginal tax rates on corporate and | |
|personal incomes. (d) reserves that banks are required to hold as percentages of their | |
|deposits. | |
2. Rising per capita income in the United States would probably result in a decrease in: (a) the number of yachts sold. (b) the demand for used tires. (c) the supply of unskilled labor. (d) federal budget surpluses. (e) autonomous net imports.
3. Firms are most likely to adopt an “efficiency wages” policy in attempts to: (a) offset workers’ desires to unionize.