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Subject - Economics:

Macroeconomics

MCQ - 66-4076

Question:

U.S. real GDP most likely falls when

  1. tariffs and quotas are removed.
  2. investment in human capital is high.
  3. the money supply is increased.
  4. investment in human capital is high.
  5. the value of the dollar, relative to foreign currencies, is high.

Correct Answer: E

Explanation:

If the value of the dollar is high, it makes American goods more expensive to foreign consumers. This decreases net exports and lowers U.S. real GDP. All other choices likely increase real GDP.

Record Performance

269 MCQ for effective preparation of the test of Macroeconomics of Economics section.

Read the MCQ statement: U.S. real GDP most likely falls when , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 66-4076.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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