A) foreigners were buying more assets from the United States than Americans were buying abroad. The United States was going into debt. B) Americans were buying more assets abroad than foreigners were buying from the United States. The United States was going into debt. C) foreigners were buying more assets from the United States than Americans were buying abroad. The United States was moving into surplus. D) Americans were buying more assets abroad than foreigners were buying from the United States. The United States was moving into surplus. A) foreigners were buying more assets from the United States than Americans were buying abroad. The United States was going into debt. B) Americans were buying more assets abroad than foreigners were buying from the United States. The United States was going into debt. C) foreigners were buying more assets from the United States than Americans were buying abroad. The United States was moving into surplus. D) Americans were buying more assets abroad than foreigners were buying from the United States. The United States was moving into surplus.

Exam 18: Open-Economy Macroeconomics: Basic Concepts

Suppose that U.S. citizens purchase more cars made in Korea, and Koreans purchase more bonds issued by U.S. corporations. Other things the same, these actions

(Multiple Choice)

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(36)

Question 401

A U.S. corporation builds a restaurant in China. Its expenditures are U.S.

(Multiple Choice)

4.7/5

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Question 402

A U.S. grocery store chain bought $800,000 worth of Kenyan currency from a bank in Kenya. It then used these funds to buy $800,000 worth of coffee from Kenyan coffee growers. As a result of this exchange, by how much and in which direction did: A. U.S. net exports change? B. U.S. net capital outflow change?

(Essay)

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Question 403

If the exchange rate is 80 yen per dollar, then a hotel room in Tokyo that costs 25,000 yen costs $200.

(True/False)

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Question 404

An American retailer sells dollars to obtain euros. It then uses the euros to buy ready-to-assemble furniture from Sweden. These transactions

(Multiple Choice)

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Question 405

If Germany purchased more goods and services abroad than it sold abroad last year, then it had

(Multiple Choice)

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Question 406

According to purchasing-power parity, if the price of a basket of goods in the U.S. rose from $2,000 to $2,104 and the price of the same basket of goods rose from 800 units to 832 units of some other country's currency, then the

(Multiple Choice)

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Question 407

Reductions in transportation costs help explain the increase in U.S. trade flows.

(True/False)

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Question 408

One year a country has negative net exports. The next year it still has negative net exports and imports have risen more than exports.

(Multiple Choice)

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Question 409

How do we find the real exchange rate from the nominal exchange rate?

(Essay)

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Question 410

Jill, a U.S. citizen, uses some euros to purchase a bond issued by a French vineyard. This exchange

(Multiple Choice)

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(44)

Question 411

If purchasing-power parity holds, when a country's central bank increases the money supply, a unit of money

(Multiple Choice)

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Question 412

From 1980 to 1987

(Multiple Choice)

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Question 413

Mike, a U.S. citizen, buys $1,000 worth of olives from Greece. By itself this purchase

(Multiple Choice)

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Question 414

If the price of a good in the U.S. is $10 and the unit of foreign currency is the dinar, in which case is the real exchange rate 5/4?

(Multiple Choice)

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(35)

Question 415

From 1980-1987, U.S. net capital outflow as a percent of GDP became a

(Multiple Choice)

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(33)

Question 416

A U.S. firm exchanges dollars for yen and then uses them to buy Japanese goods. Overall as a result of these transactions

(Multiple Choice)

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(30)

Question 417

Suppose a bottle of wine costs 20 euros in France and 25 dollars in the United States. If the exchange rate is .80 euros per dollar, what is the real exchange rate?

(Essay)

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Question 418

Mark, a U.S. citizen, buys stock in a British Shipping company. This purchase is an example of

(Multiple Choice)

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Question 419

According to purchasing-power parity what should the nominal exchange rate between the U.S. and another country be equal to?

(Multiple Choice)

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Question 420

Showing 401 - 420 of 522

Exam 18: Open-Economy Macroeconomics: Basic Concepts

Suppose that U.S. citizens purchase more cars made in Korea, and Koreans purchase more bonds issued by U.S. corporations. Other things the same, these actions

A U.S. corporation builds a restaurant in China. Its expenditures are U.S.

If the exchange rate is 80 yen per dollar, then a hotel room in Tokyo that costs 25,000 yen costs $200.

An American retailer sells dollars to obtain euros. It then uses the euros to buy ready-to-assemble furniture from Sweden. These transactions

If Germany purchased more goods and services abroad than it sold abroad last year, then it had

According to purchasing-power parity, if the price of a basket of goods in the U.S. rose from $2,000 to $2,104 and the price of the same basket of goods rose from 800 units to 832 units of some other country's currency, then the

Reductions in transportation costs help explain the increase in U.S. trade flows.

One year a country has negative net exports. The next year it still has negative net exports and imports have risen more than exports.

How do we find the real exchange rate from the nominal exchange rate?

Jill, a U.S. citizen, uses some euros to purchase a bond issued by a French vineyard. This exchange

If purchasing-power parity holds, when a country's central bank increases the money supply, a unit of money

From 1980 to 1987

Mike, a U.S. citizen, buys $1,000 worth of olives from Greece. By itself this purchase

If the price of a good in the U.S. is $10 and the unit of foreign currency is the dinar, in which case is the real exchange rate 5/4?

From 1980-1987, U.S. net capital outflow as a percent of GDP became a

A U.S. firm exchanges dollars for yen and then uses them to buy Japanese goods. Overall as a result of these transactions

Suppose a bottle of wine costs 20 euros in France and 25 dollars in the United States. If the exchange rate is .80 euros per dollar, what is the real exchange rate?

Mark, a U.S. citizen, buys stock in a British Shipping company. This purchase is an example of

According to purchasing-power parity what should the nominal exchange rate between the U.S. and another country be equal to?

Ten Principles of Economics

Thinking Like an Economist

Interdependence and the Gains From Trade

The Market Forces of Supply and Demand

Elasticity and Its Application

Supply, Demand, and Government Policies

Consumers, Producers, and the Efficiency of Markets

Application: the Costs of Taxation

Application: International Trade

Measuring a Nations Income

Measuring the Cost of Living

Production and Growth

Saving, Investment, and the Financial System

The Basic Tools of Finance

Unemployment

The Monetary System

Money Growth and Inflation

A Macroeconomic Theory of the Open Economy

Aggregate Demand and Aggregate Supply

The Influence of Monetary and Fiscal Policy on Aggregate Demand

The Short-Run Trade-Off Between Inflation and Unemployment

Six Debates Over Macroeconomic Policy

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