Macroeconomics final

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Depending on the resulting score, a different message will be displayed. For example if someone scores between and 16% on the genius quiz, you might want to display the message, "You need to go back to school and do some studying, because your genius score is very low! Hit the books then come back to try again."

Created by: Dom
  1. The rate of inflation is the:
  2. All of the following are considered major functions of money exceptL
  3. If the velocity of money remains constant while the money supply increases 12 percent and the price level increases 5 percent, then the change in real GDP must be _____ percent
  4. If the nominal interest rate is 1 percent and the inflation rate is 5 percent, the real interest rate is:
  5. The ex post real interest rate will be greater than the ex ante real interest rate when the:
  6. If the Fed announces that it will raise the money supply in the future but does not change the money supply today:
  7. If domestic investment exceeds domestic saving, one would observe:
  8. As the real exchange rate of the US dollar increases:
  9. In a small open economy, a decrease in investment demand at every interest rate will result in
  10. In a small open economy, a decrease in domestic saving will result in:

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