Chu Cave sam cons shn Question 1 (4 marks): Choose the best answer to each question. 1. A change in the price of imports bought by consumers will be: a. reflected in the GDP deflator. c. reflected in GDP. b. reflected in the CPI. d. reflected in net national income. 2. Which of the following would be U.S. foreign portfolio investment? a. Disney builds a new amusement park near Rome, Italy, b. Your economics professor buys stock in companies located in Eastern European countries. c. A Dutch hotel chain opens a new hotel in the United States. d. A citizen of Singapore buys a bond issued by a U.S. corporation. 3. Which of the following can a country increase in the long run by increasing its money growth rate? a. the nominal wage divided by the price level c. real output b. real interest rates d. None of the above is correct. 4. Suppose that the reserve ratio is 10 percent and that a bank has $2,000 in deposits. Its required reserves are a. $20. b. $200. c. $1,880. d. $1,800. 5. The labor force equals the a. number of people who are employed. b. number of people who are unemployed. c. number of people employed plus the number of people unemployed. d. adult population. 12. A a. b. 13. In th a. b. 14. WI inc 2 15. S 16. V 17.