Quiz
compilation - part 2 macroeco
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Questions in this quiz (39)
16 themes of globalization are...
- Ait is an engine of growth but enhances risk
- Bit makes us inter-dependant
- Cit increases the power of compounding interest
- Dit is fragile
- Eit promotes peace
- Fit concentrates everything
- Git affects immigration economics
- Hit only affects a small portion of the world economy
- Iit gives absolute and comparative advantage
- Jit creates bi-directional causality
25 themes of globalization are...
- Alosers are visual and winners are not visual
- Bautomation VS trade (job security)
- Cuniversal economic doctrine
- Doutsourcing
- Epollution
- Fcomparative advantage
- Gimmigration policy reform
- Hworld exports and world GDP
- Imacroeconomic variables
- Jhealthy economies
35 themes of globalization are...
- Aincome inequality
- Bchild labor/ethics
- Ccompetition and variety
- Dexports = jobs & income: imports = variety, standards of living
- Ediversification
- Fworker shortage
- Grise of Asia and competitive advantage
- Hgravity model of trade
- Ihuman welfare and political power
- Jinterest rates and housing markets
4the gravity model of trade is
- Aa function of distance and economic mass
- Ba way to backtrack from globalization
- Ca model that increases international trade
- Da force that makes economic agents "rely on strangers"
5the 4 main issues facing the US because of globalization are...
- Aincome distribution
- Brise of Asia and the theory of competitive advantage
- Crise of China and national security arguments
- Ddynamic case for free trade isn't complete
- Erise of North Korea and national security arguments
- Fdynamic case for immigration is facing policy arguments
- Grise of Syria, China, Asia, and competitive advantage
- Hrise of Asia and the gravity model of free trade
- Iincome growth rate
- Jexports creating jobs and income and imports raising standards of living
6The merit based/point based approach to immigration is also know as the
- Ainput substitution effect
- Bremittance effect
- Cbutterfly effect
- Dconsumer demand effect
7The three effects of immigration (immigration graphs) are...
- Ainput substitution effect
- Bconsumer demand effect
- Cremittance effect
- Dbutterfly effect
- Edeterminants effect
- Fexchange rates effect
8The immigration and nationality act of 1965
- Aabolished the national quota system and prescribed that 80% of the numerical limits were to be allocated to relatives of people already living in the US, and the rest had to have "desirable skills."
- Babolished the international trade theories and prescribed 80% of immigrants had to use the merit based or point based system in order to be reunited with their relatives and gain desirable skills.
- Cwas a blatantly racist law that specifically banned only chinese immigrants
- Drestricted but increased the number of immigrants allowed in the US per year, moving towards a point or merit based system instead of a system where relatives are allowed into the US.
9Most US immigrants come from
- AMexico
- BAfrica
- CChina
- DPakistan
105 determinants of immigration are
- Atransport costs
- Bdifferences in income levels in different countries
- Cincrease in population
- Ddesire for social and economic freedoms
- Eglobalization of firms
- Fpatriotism
- GGDP weights changing over time
- Hdirectional change in long-run interest rates
- Ishared value in a VUCA world
11Immigration increases both the supply and demand of labor in the destination country.
- ATrue
- BFalse
12The six questions in regards to immigration policy are
- Arestrict?
- Bhow much?
- Cselection criteria?
- Dcontrol efforts?
- Econtrol methods?
- Fforeigner's rights?
- Gcountry of origin?
- Hskill level?
- Irelatives in the country?
- Jlanguage spoken?
13the exchange rate is
- Ae = $/foreign currency
- Be = $/dollar cost
- Ce = $/standard exports
- De = $/foreign interest rate
14a method of measuring the value of flows of goods and services and net income from foreign investments is
- Athe current account
- Bthe national debt
- Cgoods and services accounts
- Dmerchandise trade balance
15this measures net annual additions to a nation's stock of foreign investments:
- Acapital account
- Breserve account
- Ccurrent account
- Dstatistical discrepancies
16The dollar appreciates with a current account trade deficit.
- ATrue
- BFalse
17The measure of additions to changes in a nations reserve assets, such as gold or credit balances are:
- Athe reserve account
- Bthe capital account
- Cthe current account
- Dthe bank account
18If e (exchange rate) goes up, a dollar goes up.
- ATrue
- BFalse
19If e (exchange rate) goes down, the dollar goes up.
- ATrue
- BFalse
20the set of markets where the world's many different national currencies are exchanged is called
- Athe foreign exchange market
- Bthe exchange rate market
- Cthe stock market
- Dthe fresh market
214 reasons the US dollar might appreciate are
- Atrade-exports
- Breal investment
- Cfinancial investment
- Dcurrency speculation
- Efixed exchange rates
- Fcurrency rises above the pegged rate
- Gmore money in circulation
- Hshift in demand curve
225 factors that shift the demand curve for bonds are:
- Awealth
- Bexpected interest rate
- Cexpected inflation rate
- Driskiness of bonds
- Eliquidity of bonds
- Fgovernment activities
- Gneed to raise capital
- Hexpected profitability
234 factors that shift the supply curve for bonds are
- Aexpected profitability
- Bexpected inflation
- Cgovernment activities
- Dneed to raise capital
- Ewealth
- Fexpected interest rate
- Griskiness of bonds
24A decrease in interest rates will decrease the cost of borrowing, leading to an [blank_start]increase[blank_end] in GDP.
- Aincrease
25GDP growth in Less Developed Countries is increased by
- Anon-profit foreign aid
- Bforeign aid
- Ctechnology
- Dfixed exchanged rate
26The biggest ROI on global initiatives is
- Areduce global trade restrictions
- Bcut global salt intake
- Cexpand immunizations
- Dgreen energy research
27VUCA stands for
- Avolatile, uncertain, complex, and ambiguous environment
- Bvolatile, uncertain, crumbling, and ambiguous environment
- Cvolatile, unilateral, complex, and ambiguous environment
- Dvolatile, uncertain, complex, and analytical environment
28The yield on the 10-year bond is a proxy for
- Asafety
- Bsecurity
- CROI
- Dassets
29Technology could also be defined as
- Aideas
- Bspecialization
- Crobotics
- Dcomputer analytics
304 characteristics of technology are
- Anon-rival
- BS-curve of diffusion
- Clearning by doing
- Dpath dependent
- Equick absorbtion
- Fquickly rising
- Gcap-and-trade policy
31The S curve of technology diffusion means that technology
- Amoves slowly, quickly, then slowly again
- Bmoves quickly, then slowly, then quickly again
- Cmoves slowly
- Dmoves quickly
326 factors that influence the absorbtion rate are...
- Aglobalization
- Bgovernment
- Ctravel
- DR&D
- Eeducation
- Fculture
- Gtechnology
- Hopportunity cost
- Imilitary strength
- Jinputs and outputs
33The bow-shaped graph that shows income inequality is the
- Alorenz curve
- Bgini coefficient
- Cinequality curve
- DGDP curve
34a meaningful number for comparing income inequality is the
- Agini coefficient
- Blorez curve
- Ccountry GDP output
- Dmacroeconomic t-stat
35the area between the Lorenz curve and diagonal / total area below the diagonal is the
- Agini coefficient
- Blorez curve
- Cinequality equation
- Dknowledge economy
364 causes of income inequality are
- Aability
- Bknowledge
- Csprawl
- Dculture
- Eincome mobility
- Fopportunity project
- Gsociology
37Peak oil is about the [blank_start]rate[blank_end] we extract oil, not the reserves.
- Arate
38OIl is a proxy for ______________ costs
- Atransportation
- Brisk
- Cproduction
- Dexport
39return on capital > growth of the economy | this is from...
- Apicketty
- Blickkity
- Cgdp growth
- Dincome inequality
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- Description
- Business/Economics Quiz on compilation - part 2 macroeco, created by Kasey Campbell on 20/09/2017.
- Author
- Kasey Campbell
- Language
- English
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