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SEM108 2025/04 Tee Chee Lip
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Efficiency wages do not lead to:
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Starting from a trade balance, if the world interest rate falls, then, holding other factors constant, in a small open economy the amount of domestic investment will ___ and net exports will ___ .
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7. Which of the following policies would reduce the amount of frictional unemployment?
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If net capital outflow is positive, then:
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In a small open economy, if domestic investment exceeds domestic saving, then the extra investment will be financed by:
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The unemployment rate is 10 per cent. The rate of job separation is 5 per cent. How high does the rate of job finding have to be to keep the unemployment rate constant?
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If purchasing-power parity held, if a Big Mac costs $2 in the United States, and if 10 Mexican pesos trade for $1 dollar, then a Big Mac in Cancun, Mexico, should cost:
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Suppose that a bicycle costs $300 in the United States and 150 pounds in Great Britain. What would the nominal exchange rate in pounds per dollar have to be for purchasing-power parity to hold?
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Suppose that Japan is the home country. If the Japanese inflation rate is 5 per cent while the U.S. inflation rate is 10 per cent, then Japanese yen will:
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People use money as a store of value when they:
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