Macro Economics

Sucanyaa Iyer
Quiz by Sucanyaa Iyer, updated more than 1 year ago
Sucanyaa Iyer
Created by Sucanyaa Iyer about 6 years ago
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Description

Class test

Resource summary

Question 1

Question
Short term and long term
Answer
  • 1
  • 2
  • 3
  • 4

Question 2

Question
Institutions that help to match one person's saving with another person's investment are collectively called the
Answer
  • banking system
  • central bank
  • monetary system
  • financial system

Question 3

Question
The figure depicts a demand-for-loanable-funds curve and two supply-of-loanable-funds curves - Which of the following events would shift the supply curve from S1 to S2?
Answer
  • In response to tax reform, firms are encouraged to invest more than they previously invested
  • In response to tax reform, households are encouraged to save more than they previously saved
  • Government goes from running a balanced budget to running a budget deficit
  • Option 4
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