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An increase in the government budget deficit shifts the supply of loanable funds to the left.

A) True
B) False

Correct Answer

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When the government budget deficit increases,national saving decreases.

A) True
B) False

Correct Answer

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If C+I+G>Y,then net exports and net capital outflow are both greater than zero.

A) True
B) False

Correct Answer

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When a country imposes a trade quota,the demand for currency in the market for foreign exchange shifts to the right

A) True
B) False

Correct Answer

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If Argentina suffers from capital flight,Argentinean domestic investment and Argentinean net exports will both decline.

A) True
B) False

Correct Answer

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In the open-economy macroeconomic model,the supply curve of currency is vertical because the quantity of currency supplied does not depend on the real exchange rate.

A) True
B) False

Correct Answer

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Because depreciation of the real exchange rate of the dollar increases U.S.net exports,the demand curve for dollars in the foreign-currency exchange market is downward sloping.

A) True
B) False

Correct Answer

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In an open economy,the demand for loanable funds comes from both domestic investment and net capital outflow.

A) True
B) False

Correct Answer

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Net capital outflow represents the quantity of dollars supplied in the foreign-currency exchange market.

A) True
B) False

Correct Answer

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In the 1980s,both the U.S.government budget and U.S.trade deficits increased.

A) True
B) False

Correct Answer

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Over the past two decades,the U.S.has persistently exported more goods and services than it has imported.

A) True
B) False

Correct Answer

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Capital flight shifts the NCO curve to the left.

A) True
B) False

Correct Answer

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Capital flight raises a country's real exchange rate.

A) True
B) False

Correct Answer

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Capital flight increases a country's interest rate.This increase in the interest rate makes net capital outflow lower than it would be had the interest rate stayed the same.

A) True
B) False

Correct Answer

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In the open economy model,the supply of loanable funds comes from national saving and net capital outflow.

A) True
B) False

Correct Answer

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In the open-economy macroeconomic model,the supply of dollars in the market for foreign-currency exchange is upward sloping.

A) True
B) False

Correct Answer

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The primary focus of the open-economy macroeconomic model is the determination of GDP and the price level.

A) True
B) False

Correct Answer

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In the open-economy macroeconomic model,at the equilibrium real interest rate,the amount that people (including government)want to save exactly balances desired domestic investment.

A) True
B) False

Correct Answer

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Capital flight shifts the demand for loanable funds to the left.

A) True
B) False

Correct Answer

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In the open-economy macroeconomic model,net exports equal the quantity of dollars demanded in the market for foreign currency exchange.

A) True
B) False

Correct Answer

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Showing 21 - 40 of 56

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