(03.01 LC) Which of the following will lead to an increase in a country’s aggregate demand?

(02.01 HC) Use the table to answer the question that follows. Private spending $16 trillion Government spending $20 trillion Change in inventories $10 trillion Money spent on stocks $5 trillion Net exports $14 trillion Wages to employees $6 trillion What is the GDP of the country, according to the expenditures approach?

(05.02 MC) Use the graph below to answer the question that follows.Which point on the graph above represents the point where the economy produces a full-employment output?

(04.06 MC) Which of the following would be an open-market transaction by the central bank to combat a high unemployment rate?

(03.08 MC) Which is the most expansionary combination of fiscal policies?

(02.06 MC) If the real GDP and nominal GDP are $200 billion and $620 billion respectively, what is the value of the GDP deflator?

(02.06 MC) Use the data table to answer the question that follows. Year Nominal GDP GDP Deflator 1 $640 billion 160 2 $1050 billion 175 By how much did the value of output, adjusted for inflation, change from Year 1 to Year 2?

(05.03 MC) If the money supply in an economy is $240 billion and the nominal GDP is $960 billion, then how many times is the average dollar in the economy spent?

(04.04 MC) Assume that there is $20,000 circulating in an economy and a bank only has a deposit of $1,000. The bank then loans out the entire excess reserve on the basis of the reserve requirement rate set at 20%. What is the amount of M1 in the economy?

(02.03 MC) Jane was fired from her job as a waitress at a restaurant due to a recession. How will Jane be categorized when computing the unemployment rate?