Question : 121) Refer to Figure 35-4. Suppose the Bank of Canada : 1384551

Economics

121) Refer to Figure 35-4. Suppose the Bank of Canada pegs the exchange rate at and the supply curve is . The Bank would have to ________ foreign exchange in the amount of ________ per month.

A) sell;

B) sell;

C) purchase;

D) purchase;

E) No transaction would be necessary

122) Refer to Figure 35-4. Suppose the Bank of Canada pegs the exchange rate at and the supply curve is . The Bank would have to ________ foreign exchange in the amount of ________ per month.

A) purchase;

B) purchase;

C) sell;

D) sell;

E) No transaction would be necessary

123) People who might be called “neomercantalists” are most likely to argue that

1) the benefits from international trade increase with the size of the trade surplus;

2) the power of the government is related to the size of the trade balance;

3) the country’s living standard is related to the size of the trade surplus.

A) 1 and 2

B) 2 and 3

C) 1, 2, and 3

D) 2 only

E) 3 only

124) If Canada has a current account deficit, it is

A) matched by a trade surplus of the same size.

B) matched by a deficit on the capital-service portion of the current account.

C) matched by a capital account deficit of the same size.

D) matched by a capital account surplus of the same size.

E) not matched by a change in the capital account.

125) Mercantilists, both ancient and modern, believe that a country’s gains from trade arise primarily from having

A) exports equal imports.

B) a trade deficit.

C) comparative advantage in the production of products in which their opportunity costs are low.

D) imports exceed exports.

E) exports exceed imports.

126) Any country’s current account can be expressed as CA =

A) (S + T) – (T + G).

B) (S + I) + (T + G).

C) (S – I) – (T – G).

D) (S – I) + (T – G).

E) (S + I) – (T – G).

127) Consider the balance of payments for a small country. Suppose that in this country private saving is $4 million, its investment is $10 million, government purchases are $6 million, and net tax revenues are $15 million in a given year. The current account balance for this country is a

A) deficit of $6 million.

B) deficit of $9 million.

C) surplus of $3 million.

D) surplus of $9 million.

E) surplus of $15 million.

128) Other things being equal, an increase in the current account deficit could be due to

A) an increase in private saving.

B) a decrease in private saving.

C) a fall in domestic investment.

D) a fall in the government’s budget deficit.

E) a rise in the budget surplus.

129) Other things being equal, an increase in the current account deficit could result from

A) an increase in private saving.

B) a fall in domestic investment.

C) a rise in domestic investment.

D) a fall in the government’s budget deficit.

E) a rise in the government’s budget surplus.

130) Other things being equal, an increase in the current account deficit could result from

A) an increase in private saving.

B) a fall in domestic investment.

C) a fall in the government’s budget deficit.

D) a rise in the government’s budget deficit.

E) a rise in the budget surplus.

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July 1, 2023

Personal Employment Packet (100 points)

The goal of this assignment is to construct job application materials in response to a job announcement of your choice. You may research a job that you are interested in obtaining in the near future or after you graduate college. You will have to provide a link to the job announcement (please be sure that anybody can access the link and not just people who can sign in to a particular job search engine) or you can provide a PDF or image of the announcement. You will not earn credit for the resume nor the cover letter if you do not provide a job announcement. This packet will help you construct materials and build skills that will be necessary when applying for a position.

For tips on resumes, cover letters and interview skills see “How Do I Prepare for My Job Search?” http://www.csun.edu/career/students/job_search.htm

The packet includes two (2) parts:

Resume (50 points): 1 page (maximum) can be Reverse Chronological or Functional format (see Technical Communications for examples). Your resume must include the following:

Your name and contact information at the top
Work experience (if applicable)
Volunteer experience (if applicable)
Education
Computer proficiency
Professional skills
Objective (optional)

Due Date: Sunday, November 22 by 11:59pm

Cover Letter (50 points): 1 page (maximum) in length in proper business letter format (see Technical Communications for letter format. Also see “Sample Cover Letter” on Moodle.) Your letter will include the following:

Heading with your name and contact information
Name of contact person and address of company
Date
Greeting
Express the position for which you are applying
Where you learned about the position
Why you would be a good candidate for the position
Any specific, pertinent experience or education that would demonstrate how you fit the company’s needs
Building trust statement
Closing

July 1, 2023

Personal Employment Packet (100 points)

For tips on resumes, cover letters and interview skills see “How Do I Prepare for My Job Search?” http://www.csun.edu/career/students/job_search.htm

The packet includes two (2) parts:

Resume (50 points): 1 page (maximum) can be Reverse Chronological or Functional format (see Technical Communications for examples). Your resume must include the following:

Your name and contact information at the top
Work experience (if applicable)
Volunteer experience (if applicable)
Education
Computer proficiency
Professional skills
Objective (optional)

Due Date: Sunday, November 22 by 11:59pm

Cover Letter (50 points): 1 page (maximum) in length in proper business letter format (see Technical Communications for letter format. Also see “Sample Cover Letter” on Moodle.) Your letter will include the following:

Heading with your name and contact information
Name of contact person and address of company
Date
Greeting
Express the position for which you are applying
Where you learned about the position
Why you would be a good candidate for the position
Any specific, pertinent experience or education that would demonstrate how you fit the company’s needs
Building trust statement
Closing

July 1, 2023

Personal Employment Packet (100 points)

For tips on resumes, cover letters and interview skills see “How Do I Prepare for My Job Search?” http://www.csun.edu/career/students/job_search.htm

The packet includes two (2) parts:

Resume (50 points): 1 page (maximum) can be Reverse Chronological or Functional format (see Technical Communications for examples). Your resume must include the following:

Your name and contact information at the top
Work experience (if applicable)
Volunteer experience (if applicable)
Education
Computer proficiency
Professional skills
Objective (optional)

Due Date: Sunday, November 22 by 11:59pm

Cover Letter (50 points): 1 page (maximum) in length in proper business letter format (see Technical Communications for letter format. Also see “Sample Cover Letter” on Moodle.) Your letter will include the following:

Heading with your name and contact information
Name of contact person and address of company
Date
Greeting
Express the position for which you are applying
Where you learned about the position
Why you would be a good candidate for the position
Any specific, pertinent experience or education that would demonstrate how you fit the company’s needs
Building trust statement
Closing

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Question : 121) Refer to Figure 35-4. Suppose the Bank of Canada : 1384551

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