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ECC1100 - Principles of macroeconomics - S1 2025
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The global links between countries through trade and international financial flows is an example of the:
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Suppose you are visiting China. The nominal exchange rate is 7.08 yuan per U.S. dollar. A meal costs 40 yuan. How much does this meal cost in U.S. dollars?
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Suppose the domestic price of a beer is 300 Kenyan shillings in Kenya and a similar beer costs 30 Mexican pesos in Mexico. If the nominal exchange rate is 0.18 Mexican peso per Kenyan shilling, then what is the real exchange rate?
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A real exchange rate depreciation in the U.S. dollar will lead to:
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After the August 2019 primary elections in Argentina, foreign investors perceived increased political risk. The demand for the peso _____, and the peso _____.
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Which of the following is true about investment and saving?
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Which of the following graphs shows what would happen to the investment line if an investment project is expected to earn higher revenues over time?
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The price in the loanable funds market is the:
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If the interest rate is 5%, what is the future value of $500 in one year?
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If interest rates are ____, people are willing to ____ consumption and save ____, all else equal.
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