(02.06 MC) Considering 2017 prices as the base year prices, the price of good x in 2017 was $2, and 200 units of x were produced. In 2018, the price of good x was raised to $4, and 150 units of x were produced. Which of the following is true about the real GDP?

(06.03 MC) Which one of the following cases is true if there is an increase in the demand for exports from the United States?

(04.07 MC) If an economy is experiencing equilibrium in the loanable funds market with an 8% interest rate, what are the consequences if the interest rate falls to 6%?

(05.03 MC) If the money supply in an economy is $750 billion, the velocity of money is constant at 3, and the price level is 5, then what will be the country’s real output?

(05.05 MC) Which of the following statements explains the effects of crowding out in an economy over the long run?

(05.07 MC) Which of the following policy initiatives is most likely to increase economic growth?

(03.02 MC) If the multiplier that affects the GDP of a country in response to a change in its taxes is −3, then what is the country’s marginal propensity to save?

(05.03 MC) Assume that the money supply in an economy is $900 million, the velocity of money is constant at 5, and the price per unit of output is $3. What is the real and the nominal GDP?

(03.05 MC) When the economy is in a short-run equilibrium with the price level at PL0 and real output at Y0, which of the following must be true?

(06.03 MC) Assume a competitive foreign exchange market between the Japanese yen and the U.S. dollar. Which of the following best explains the supply of yen in the market for yen?