Emami Namini
Old exam questions
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17. The XX–schedule in the above diagram
shows how much…
A.
…fiscal expansion is needed to hold the
current account surplus at X as the currency
is devalued by a given amount.
B.
…fiscal and monetary expansions are
needed to hold the current account surplus
at X as the currency is devalued by a given
amount.
C.
…monetary expansion is needed to hold the
current account surplus at X as the currency
is devalued by a given amount.
D.
…fiscal expansion is needed to hold the
current account surplus at X as the currency
is evaluated by a given amount.
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Solutions to old exam questions:
1 (“Suppose you are…”): D
2 (“Evaluate the statements below…”): B
3 (“In the so–called…”): C
4 (“Fill in the correct words…”): D
17 (“The XX–schedule…”): A
6 (“Which one of the following…”): C
7 (“The Stolper Samuelson theorem…”): D
8 (“Suppose Kibundia…”): B
9 (“In the diagram below…”): A
10 (“This exercise applied to the basic…”): A
11 (“Suppose there are only…”): A
12 (“External economies of scale…”): C
7 (“The L(Y, r)–curve…”): B
8 (“In the decision between the exchange rate…”): C
9 (“EU member states have the opportunity…”): A
22 (“Evaluate the statements below…”): B
25 (“Which quadrant of the so–called…”): A
29 (“Consider the following figure…”): A
30 (“Evaluate the two statements…”): A
32 (“A Russian car producer…”): B
34 (“Consider an equilibrium in…”): A
36 (“What are the long–run effects…”): D
38 (“After a permanent increase…”): A
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