QuestionAnswered step-by-stepMCQ’s 1) Which one of these fac

QuestionAnswered step-by-stepMCQ’s 1) Which one of these factors of the aggregate production…MCQ’s 1) Which one of these factors of the aggregate production function, is not a component of economic growth?  Technology Human Capital Physical CapitalLand2) If you know about the GDP, how you can calculate GDP per Capita?   Dividing GDP by the number of workers   Dividing GDP by the physical capital   Dividing GDP by the population   GDP per capita is equal to the labor productivity 1 points    QUESTION 3  Which one of the following options will result in capital deepening?   An increase in the level of education in the country   An increase in the level of physical capital   An increase in the infrastructure   All options are correct 1 points    QUESTION 4 Which option is correct?   Balance of Trade is the summation of the Balance of Payment and Balance of Capital   Balance of Capital is the summation of the Balance of Trade and Balance of Payment   Capital Account is the summation of the Balance of Trade and Balance of Payment  Balance of Payment is the summation of the Balance of Trade and Balance of Capital  1 points    QUESTION 5  “Income payments” are a part of the Current Account Balance. Which option is correct about income payments?   For Canada, income payments refer to money that Canadian financial investors received on their foreign investments.   For Canada, income payments refer to money that Canadian citizens who are working outside of Canada receive and transfer to Canada.   For Canada, income payments refer to money that foreign investors who had invested their funds in Canada receive and transfer to their country.   For Canada, income payments refer to money that foreign workers who are working inside Canada receive and transfer to their country. 1 points    QUESTION 6  If for a country imports are more than exports (based on their monetary value). Which of the following options is correct?   The Balance of Payment is zero   The answer is not clear, it is related to the Balance of Capital   The Balance of Payment is negative   The Balance of Payment is positive 1 points    QUESTION 7  A worker in Canada can produce a TV in 10 hours and a box of chocolate in 4 hours. A worker in Belgium can produce the same TV in 15 hours and a box of chocolate in 5 hours. According to the information, which option is correct?   Canada has the absolute advantage in producing both products and has the comparative advantage in producing TV   Belgium has the absolute advantage in producing both products and has the comparative advantage in producing TV  Canada has the absolute advantage in producing both products and has the comparative advantage in producing chocolate   Belgium has the absolute advantage in producing both products and has the comparative advantage in producing chocolate  1 points    QUESTION 8 A Canadian citizen buys $10,000 of U.S. treasury bills (bond), it is an example of   International trade   Investment from abroad  Income payments   Foreign investment  1 points    QUESTION 9  Which option is correct?   If exports are more than imports, the inflow of financial capital is more than the outflow of financial capital   If exports are more than imports, the outflow of financial capital is always equal to the Inflow of financial capital   If exports are more than imports, the outflow of financial capital is more than the Inflow of financial capital   Exports and imports are related to the Balance of Trade, and the flow of financial capital is related to the Balance of capital. They are two separated markets and are not connected. 1 points    QUESTION 10 What is the relation between the Level of Trade and the Trade Balance?   They are not connected  Their connection is proportional. It means by an increase in the level of trade, we have an increase in the trade surplus or a decrease in the trade deficit   Their connection is negative. It means always by an increase in the level of trade, we have a decrease in the trade surplus   Their connection is positive. It means always by an increase in the level of trade, we have an increase in the trade surplus  1 points    QUESTION 11  There is an earthquake in another part of the world. The Canadian government sends $40 milion to that country as a part of international help. This is an example of which option?   unilateral transfers   Trade balance   Income receipts    income payments 1 points    QUESTION 12  If a country uses the money of another country instead of having a national currency, we call it:   Foreign exchange   Economic convergence  Dollarization   Globalization  1 points    QUESTION 13 I bought some equipment for my company from China. According to the contract I have to pay ten million Yuan at the beginning of September. I don’t want that my transactions to be affected by the fluctuations in the exchange market. Which option is correct to avoid the risk in the exchange market?   Portfolio  Arbitrage   Hedge   Speculate  1 points    QUESTION 14  If the Canadian dollar experiences an appreciation, which option is correct?   Export decreases, import decreases, and fewer foreign tourists will come to CanadaExport increases, import decreases, and more foreign tourists will come to CanadaExport decreases, import increases and fewer foreign tourists will come to CanadaExport decreases, import increases and more foreign tourists will come to Canada  1 points    QUESTION 15  In March 2020, the exchange rate between the Canadian dollar and the U.S dollar was 1.44 (a U.S dollar was equal to 1.44 Canadian dollars). In July 2022, this exchange rate is around 1.30. Which option is correct?  The Canadian dollar has an appreciation and the U.S dollar has a depreciationThe Canadian dollar has depreciation and the U.S dollar has a depreciation tooThe Canadian dollar has an appreciation and the U.S dollar has an appreciation tooThe Canadian dollar has depreciation and the U.S dollar has an appreciationBusinessEconomicsMicroeconomicsSOC 135Share Question

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