macroeconomics i final exam sample questions june 2015 part one multiple choice questions choose one the best answers 1 depreciation is a the difference between private domestic saving and private ...
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...Macroeconomics i final exam sample questions june part one multiple choice choose the best answers depreciation is a difference between private domestic saving and investment b real nominal gdp c gnp d another word for capital consumption allowances if billion deflator then about none of above money multiplier ratio bank deposits divided by reserves high powered supply currency nation s balance payments can be affected changes in foreign income differential interest rates exchange rate all british citizen buys worth u treasury bills transaction will recorded as surplus item current account an increase net exports decrease great britain keynesian model determination assumes that price level fixed are kept constant curve completely horizontal we expect to get flatter demand becomes less sensitive marginal propensity save decreases expenditure tax increases any position right below lm indicates there excess goods services ad shift government transfer increased balances due autonomous cent...