Economics Questions

FOR BEGINNERS

Multiple Choice— Select the option that best completes the sentence or provides the answer to the question.
  1. Jevan compares the unit price of chocolate bars in order to get the "best buy". This represents using money as




  2. The real demand for money is




  3. Monetary validation




  4. Under a system of flexible exchange rates, a nation which uses a tight money policy during a period of worldwide inflation would be likely to experience




  5. If the economy is currently in monetary equilibrium, an increase in the money supply will




  6. Stable growth in the money supply rule will contribute to




  7. With respect to the balance of payments,




  8. Suppose that in Canada we experience a rise in the Canadian dollar price of foreign exchange. In this circumstance, the dollar will have ________ and the exchange rate will have ________.




  9. The difference between the government's debt and deficit is that the debt is the




  10. In the case of frictional unemployment,



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