Track each student's skills and progress in your Mastery dashboards
Give this quiz to my class
Q 1/12
Score 0
Which of the following are most likely to result from an increase in the value of a currency against other major currencies?
45
AD shifts left, SRAS shifts right
AD and SRAS shift left
Neither curve shifts
AD shifts right, SRAS shifts left
Q 2/12
Score 0
Which of the following UK businesses would benefit from a rising exchange rate against the Euro and US Dollar?
45
A toy retailer who imports most of the products from China
A computer chip maker who sell most of their products to Apple in USA
Prezzo Italian Restaurants who import ingredients from Italy
BAE Systems, whose biggest customer is the US government
12 questions
Q.
Which of the following are most likely to result from an increase in the value of a currency against other major currencies?
1
45 sec
4.1.8c
Q.
Which of the following UK businesses would benefit from a rising exchange rate against the Euro and US Dollar?
2
45 sec
4.1.8c
Q.
What is likely to happen if there is a rise in the international value of a country's currency?
3
45 sec
4.1.8c
Q.
Which of the following UK businesses would benefit from a reduction in the UK exchange rate?
4
45 sec
4.1.8c
Q.
Which one of the following aggregate demand (AD) and short run aggregate supply (SRAS) diagrams best represents the likely effect of a substantial currency appreciation?
5
45 sec
4.1.8c
Q.
A fall in the value of the exchange rate will have the biggest effect on a country's trade balance when
6
45 sec
4.1.8c
Q.
What is correct about the causes of inflation?
7
45 sec
4.1.8c
Q.
Which of the following would make UK goods and services more competitive in the EU?
8
45 sec
4.1.9
Q.
All other things being equal, which one of the following combinations is most likely to lead to deterioration in a country’s balance of payments on the current account?
9
45 sec
4.1.7
Q.
In the UK in 2009, 1 Euro was worth 90p. In 2012, 1 Euro was worth 80p. The most likely effect on the UK is
10
45 sec
4.1.8c
Q.
Which one of the following aggregate demand (AD) and short run aggregate supply (SRAS) diagrams represents the most likely effect on an economy of a substantial currency depreciation?
11
45 sec
4.1.8c
Q.
Between June and October 2016, there was a 19% depreciation of the UK pound against the US dollar. Ceteris paribus, which one of the following is the most likely consequence for the UK economy?
