4. Real gross domestic prodact A. measures the value of fimal goods and services

Question

4. Real gross domestic prodact A. measures the value of fimal goods and services produced within the borders of a given country during a glven time period adjusted for inflation B. is a measure of the overall level of prices mcasures the value of fieal goods and services produced within the borders of a g during a given time peried using current prices C C measures the value of final goods and services D, can change froem oene year to the next even if there is no change in output 5.Which is the largest component the United States: of total expenditures in A. Net Exports B. Consumption C. Govenment Purchases D. Investment 6 Fiscal policy refers to the: A. manipulation of government spending and taxes to stabilize domestic output, employment and the peice level. B. manipulation of the money supply to stabilize domestic output, employment, and the price level. 7. In the United States, the money supply (Mi) is coemprised of: currescy, checkable deposits, and near monies (saving deposits) B. coins, paper currency, checkable deposits, and crodit balances with brokers. C. paper currency, coims, gold certificates, and time deposits D. colns, paper currency, and checkable deposits. 8. Carrency in people's pockets and purses are: A.?nchaled in M. but not in M, B. incladed in both fi and in Mi C. included in M6,bt not in M D. excluded from Mi and A6 because people can exchange them for Federal Reserve notes. 9. Currency held in commercial banks as reserves: A. not part of the nation's money supply B. included in Af, but not in Ma C included both in Mi and in Ma D. included in Ma, but not in M 10. Which definition(s) of the money supply consists of the most highly liquid assets (can quickly be converted into cash)? A. MI B, M2 C. Neither or M2 D. MI and 2 11. The value of money in the United States is based on the stock of gold and silver beld by the United Stanes government. In other words, U.S. dollar is backed up by gold/silver A. True B, False Form A- Page 12

Explanation / Answer

4. The correct answer is A.

5. The correct answer is B.

6. The correct answer is A.

7. The correct answer is D.

8. The correct answer is B.

9. The correct answer is D.

10.The correct answer is A.

11. The correct answer is A.

Related Questions

Navigate

• Browse (All)
• Browse 4
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.