1)The Czech Republic has a GDP of 2,000 billion koruny

1)The Czech Republic has a GDP of 2,000 billion koruny. The exchange
rate is 20 koruny per US dollar. The Czech population is 20 million. Calculate the per capita GDP of the Czech Republic in the US dollars.

2) A lender demands an interest rate in part to compensate for any expected______, so that the money that is repaid in the future will have at least as much buying power as the money was originally loaned.

3)When the interest rate in an economy decrease, it is most likely as a result of:
A. decrease in the government budget surplus or an increase in its budget deficit.

B. a decrease in the government budget surplus deficit.

C. an increase in the government budget surplus or its budget deficit.

D. an increase in the government budget surplus or decrease in its budget deficit.

4) If a government decides to finance an investment in ________ with higher taxes or ___________ in other areas, it need not worry that is crowding out the private investment.

a. roads and bridges; increased borrowing

b. water supply and sewers: by raising capital spending

c. public physical capital: lower government spending

d. hydroelectric dams and windmills: government R&D

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"