23 If the central bank has to intervene in the foreign exchange markets to prevent the
home currency from appreciating, then its foreign exchange reserves will:
A decrease and the domestic money supply will rise.
B decrease and the domestic money supply will fall.
C increase and the domestic money supply will rise.
D increase and the domestic money supply will fall.
May I know why the answer is C for this quest ?
25 Which of the following is least likely to lead to an increase in long run economic
growth?
A An increase in the money supply.
B An increase in capital investment expenditure.
C An increase in education expenditure.
D An increase in research and development expenditure
May I know why D is not accepted for this question ?
15 The range of output over which average variable cost falls will be the same as the
range over which:
A average physical product falls.
B average physical product rises.
C marginal physical product falls.
D marginal physical product rises.
May I know why this answer is B ?
home currency from appreciating, then its foreign exchange reserves will:
A decrease and the domestic money supply will rise.
B decrease and the domestic money supply will fall.
C increase and the domestic money supply will rise.
D increase and the domestic money supply will fall.
May I know why the answer is C for this quest ?
25 Which of the following is least likely to lead to an increase in long run economic
growth?
A An increase in the money supply.
B An increase in capital investment expenditure.
C An increase in education expenditure.
D An increase in research and development expenditure
May I know why D is not accepted for this question ?
15 The range of output over which average variable cost falls will be the same as the
range over which:
A average physical product falls.
B average physical product rises.
C marginal physical product falls.
D marginal physical product rises.
May I know why this answer is B ?