Macroeconomics advanced level tests Synergy 2024
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Macroeconomics (advanced level) test Synergy 2024 result 90/100 points "Excellent"
A favorable supply shock occurs when...
unions force the government to increase wages
environmental laws increase production costs
The Central Bank increases the money supply
flood destroys part of the crop
The international oil cartel is being liquidated, which leads to a fall in world oil prices
In the Keynesian model of economics, the equilibrium level of GDP is the level of GDP at which...
all income goes to consumption
national product equals planned expenditures
savings equal to planned net investment
In the AD-AS model, the initial impact of increased consumer optimism leads to a shift...
short-term AS curve to the left
short-term AS curve to the right
long-term AS curve to the left
AD curve to the left
AD curve to the right
In the consumption function, which has the form C = 150 + 0.85Y. The value of Y increases by one unit, then in this case the savings...
are reduced by 0.85 units.
are reduced by 0.15 units.
increase by 0.85 units.
increase by 0.15 units.
Gross Domestic Product (GDP) is different from Gross National Income (GNI)...
by the balance between the income received by residents of a given country abroad and the income received by foreign residents in the territory of a given country
the fact that GNI includes only final goods and services produced and sold by national residents located on the territory of a given country
by the amount of the balance between income received by legal entities and individuals of a given country abroad
because GDP is the sum of all goods and services produced, in contrast to GNI, which is the sum of all goods and services sold
When talking about the AD curve, it is wrong to say that...
if the government increases the money supply, changes in the economy are expressed by movement along the stationary AD curve, the level of output increases, and the price level decreases
the negative relationship between the price level and output volume is derived from the equation of the quantity theory of money, subject to a fixed supply of money and the velocity of its circulation
the AD curve has a negative slope
To combat inflation, the Central Bank should:
issue government securities
reduce the discount rate, which will lead to a decrease in interest on deposits in commercial banks
reduce the bank reserve ratio
If, in order to reduce the balance of payments deficit, the Spanish government decides to establish control over foreign trade, then one of the consequences of this decision will be a reduction...
import of goods and services to Spain
economic growth rate
inflation rate in the country
employment levels in Spain
Spanish exports
If Russia's GDP exceeds its GNP, this means that...
foreigners produced more in Russia than Russians abroad
Russian citizens produced more abroad than foreigners in Russia
real GNP exceeds nominal GDP
real GDP exceeds nominal GNP
If the GDP of country X in 2010 amounted to 150 billion dollars (in 2010 prices), the GDP deflator in 2010 was 120%, then the value of real GDP in 2010 was ...
$125 billion
$130 billion
$100 billion
$150 billion
If the amount of consumer spending is 8000 den. units, and disposable income is 10,000 den. units, then the marginal propensity to consume...
indeterminable given the given data
equal to 0.2
equal to 10/8
equal to 8.0
equal to 0.8
If an increase in government purchases is financed by an increased money supply, then...
interest rate should remain the same
interest rate should definitely decrease
interest rates should definitely rise
it is impossible to say with certainty how the interest rate will change
↓↓continuation of questions below↓↓
A favorable supply shock occurs when...
unions force the government to increase wages
environmental laws increase production costs
The Central Bank increases the money supply
flood destroys part of the crop
The international oil cartel is being liquidated, which leads to a fall in world oil prices
In the Keynesian model of economics, the equilibrium level of GDP is the level of GDP at which...
all income goes to consumption
national product equals planned expenditures
savings equal to planned net investment
In the AD-AS model, the initial impact of increased consumer optimism leads to a shift...
short-term AS curve to the left
short-term AS curve to the right
long-term AS curve to the left
AD curve to the left
AD curve to the right
In the consumption function, which has the form C = 150 + 0.85Y. The value of Y increases by one unit, then in this case the savings...
are reduced by 0.85 units.
are reduced by 0.15 units.
increase by 0.85 units.
increase by 0.15 units.
Gross Domestic Product (GDP) is different from Gross National Income (GNI)...
by the balance between the income received by residents of a given country abroad and the income received by foreign residents in the territory of a given country
the fact that GNI includes only final goods and services produced and sold by national residents located on the territory of a given country
by the amount of the balance between income received by legal entities and individuals of a given country abroad
because GDP is the sum of all goods and services produced, in contrast to GNI, which is the sum of all goods and services sold
When talking about the AD curve, it is wrong to say that...
if the government increases the money supply, changes in the economy are expressed by movement along the stationary AD curve, the level of output increases, and the price level decreases
the negative relationship between the price level and output volume is derived from the equation of the quantity theory of money, subject to a fixed supply of money and the velocity of its circulation
the AD curve has a negative slope
To combat inflation, the Central Bank should:
issue government securities
reduce the discount rate, which will lead to a decrease in interest on deposits in commercial banks
reduce the bank reserve ratio
If, in order to reduce the balance of payments deficit, the Spanish government decides to establish control over foreign trade, then one of the consequences of this decision will be a reduction...
import of goods and services to Spain
economic growth rate
inflation rate in the country
employment levels in Spain
Spanish exports
If Russia's GDP exceeds its GNP, this means that...
foreigners produced more in Russia than Russians abroad
Russian citizens produced more abroad than foreigners in Russia
real GNP exceeds nominal GDP
real GDP exceeds nominal GNP
If the GDP of country X in 2010 amounted to 150 billion dollars (in 2010 prices), the GDP deflator in 2010 was 120%, then the value of real GDP in 2010 was ...
$125 billion
$130 billion
$100 billion
$150 billion
If the amount of consumer spending is 8000 den. units, and disposable income is 10,000 den. units, then the marginal propensity to consume...
indeterminable given the given data
equal to 0.2
equal to 10/8
equal to 8.0
equal to 0.8
If an increase in government purchases is financed by an increased money supply, then...
interest rate should remain the same
interest rate should definitely decrease
interest rates should definitely rise
it is impossible to say with certainty how the interest rate will change
↓↓continuation of questions below↓↓
If two countries can independently produce two different goods and each of these countries specializes in the production of that good for the production of which it has a comparative advantage, then with mutual trade...
If an investment becomes very interest rate sensitive, then on the IS-LM chart...
If tiles are produced by a factory today, but are put aside for sale until tomorrow, then such an operation is called...
If the quantity of money in circulation increases, then this is the result...
If the short-run aggregate supply curve is horizontal, then the change in aggregate demand...
If the reserve rate is 20%, then when attracting an additional deposit of 1000 rubles. The money supply will increase by...
If the equilibrium GDP in a closed economy is 5000, consumption is represented as a function C = 500 + 0.4Y, investment function I = 3000 – 100r, where r is the real interest rate, and there is no public sector, then in this case the equilibrium interest rate will be equal...
If the disposable personal income of employee X increased from 12 thousand rubles. to 17 thousand rubles, and the level of his savings increased from -1000 rubles. up to +1000 rub., then the marginal propensity of X to ...
If the real exchange rate between the currencies of the United States and Japan does not change, although the inflation rate in the United States is 6% and in Japan - 3%, then the cost ...
If the value of US exports in dollars does not change, nor does the value of US imports in sterling (and other foreign currencies), then for a 10% dollar depreciation...
If a country exports more goods and services than it imports, and does not give or receive gifts, then the account balance...
If the price level doubles...
If the Greek central bank undertakes a policy aimed at reducing the interest rate, the result will be a reduction in long-term capital flows from Greece
If the economy is described by the data given in the table, then the real interest rate in the second year compared to the first...
If the economy is initially in long-run equilibrium, then as a result of the reduction in military spending according to the AS-AD model in the long run ... compared to the initial values
A shift in the aggregate supply curve can be caused by...policy
It can be argued that a government corrects a negative supply shock if it...
The highest savings rate is typical for...
It is not true that ... is considered in macroeconomics as an investment
It is not true that full employment... leads to inflation
It is not true that a supply shock occurs if...
Negative supply shocks lead...
Demand management policies aimed at reducing inflation...
The money supply will increase if...
Other things being equal, price increases...
All other things being equal, the greater the share of firms in the economy that adhere to the sticky price rule, the...
When the national currency is revalued (other things being equal) ...
With the growth of the real exchange rate (strengthening of the national currency) ...
Let the import function have the form: 100 + 0.1Y, and export is an exogenous quantity, in this case, with income Y = 500 and a trade deficit equal to 50, the export value will be ...
Growth...will likely cause the CPI to rise more than the GDP deflator (for Russia)
Wage growth is a source of cost-push inflation when it...
According to the imperfect information model, when the price level rises, if the producer expected prices to rise, he...
The official reserve account will always be zero when...
A stronger US dollar will mean...
If an investment becomes very interest rate sensitive, then on the IS-LM chart...
If tiles are produced by a factory today, but are put aside for sale until tomorrow, then such an operation is called...
If the quantity of money in circulation increases, then this is the result...
If the short-run aggregate supply curve is horizontal, then the change in aggregate demand...
If the reserve rate is 20%, then when attracting an additional deposit of 1000 rubles. The money supply will increase by...
If the equilibrium GDP in a closed economy is 5000, consumption is represented as a function C = 500 + 0.4Y, investment function I = 3000 – 100r, where r is the real interest rate, and there is no public sector, then in this case the equilibrium interest rate will be equal...
If the disposable personal income of employee X increased from 12 thousand rubles. to 17 thousand rubles, and the level of his savings increased from -1000 rubles. up to +1000 rub., then the marginal propensity of X to ...
If the real exchange rate between the currencies of the United States and Japan does not change, although the inflation rate in the United States is 6% and in Japan - 3%, then the cost ...
If the value of US exports in dollars does not change, nor does the value of US imports in sterling (and other foreign currencies), then for a 10% dollar depreciation...
If a country exports more goods and services than it imports, and does not give or receive gifts, then the account balance...
If the price level doubles...
If the Greek central bank undertakes a policy aimed at reducing the interest rate, the result will be a reduction in long-term capital flows from Greece
If the economy is described by the data given in the table, then the real interest rate in the second year compared to the first...
If the economy is initially in long-run equilibrium, then as a result of the reduction in military spending according to the AS-AD model in the long run ... compared to the initial values
A shift in the aggregate supply curve can be caused by...policy
It can be argued that a government corrects a negative supply shock if it...
The highest savings rate is typical for...
It is not true that ... is considered in macroeconomics as an investment
It is not true that full employment... leads to inflation
It is not true that a supply shock occurs if...
Negative supply shocks lead...
Demand management policies aimed at reducing inflation...
The money supply will increase if...
Other things being equal, price increases...
All other things being equal, the greater the share of firms in the economy that adhere to the sticky price rule, the...
When the national currency is revalued (other things being equal) ...
With the growth of the real exchange rate (strengthening of the national currency) ...
Let the import function have the form: 100 + 0.1Y, and export is an exogenous quantity, in this case, with income Y = 500 and a trade deficit equal to 50, the export value will be ...
Growth...will likely cause the CPI to rise more than the GDP deflator (for Russia)
Wage growth is a source of cost-push inflation when it...
According to the imperfect information model, when the price level rises, if the producer expected prices to rise, he...
The official reserve account will always be zero when...
A stronger US dollar will mean...