Macroeconomic Issues and Analysis - Page 6 of 8

A. balance of payments
B. capital account of the balance of payments
C. financial account of the balance of payments
D. balance of payments on current account

The demand for ice-cream is lower outside of summer causing lower demand for ice-cream salesman if they cannot find other work, this is called ……. unemployment?

As prices rise. People will want to keep more money as cash and in bank accounts This is called ?

Government policies that focus on increasing production rather than demand are called ?

Government policies that focus on changing interest rates are called ?

If VAT rates rise, then costs are likely to … and demand is likely to ….?

The record of country’s imports and exports of goods is called its ?

The record of a country’s imports and exports of of goods and services plus net investment incomes and current transfers of money to and from abroad, is called its ?

The record of country’s transfers of land inter-government payments and money sent by migrants to and from abroad is called its ?

The price of one country’s currency in terms of another country’s currency is the ?

If a nation’s interest rates are relatively low compared to those of other countries. then the exchange value of its currency will tend to ?

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