in E

Economics & Money

Ten Economic Problems.

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  • Question of

    A central bank intervening in a currency market to influence the external value is known as?

    • Expansionary Policy
    • Managed Float
    • Quantitative Easing
  • Question of

    ‘Demand pull’ and ‘cost push’ are types of what?

    • Indexes
    • Indicators
    • Inflation
  • Question of

    The portrait of which ‘Father of Capitalism’ featured on the Bank of England £20 note, and the Cyldesdale Bank’s £50 note?

    • Adam Smith
    • John Maynard Keynes
    • Robert Giffen
  • Question of

    Adam Smith’s best known publication was entitled, ‘An Inquiry into the Nature and Cause of the Wealth of?

    • Businesses
    • Factories
    • Nations
  • Question of

    Large supplies of stock do what to price elasticity?

    • Increase it
    • Decrease it
    • Have little effect
  • Question of

    King Alyattes minted the first known coins c.640 BC, where?

    • Assyria
    • Hittite Empire
    • Lydia
  • Question of

    Name the monetarist who won the 1976 Nobel Prize for Economic Science?

    • John Galbraith
    • Corrado Gini
    • Milton Friedman
  • Question of

    Which describes a market characterised by low consumer confidence where more stocks are sold than bought?

    • Bull
    • Bear
    • Stag
  • Question of

    Which US president FIRST said, ‘recession is when your neighbour loses his job, it’s a depression when you lose yours’?

    • Franklin D. Roosevelt
    • Harry S. Truman
    • Ronald Reagan
  • Question of

    Wandel durch Handel is the principle of political transformation through what?

    • Sanctions                                     
    • Trade

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