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Froggy Jumps
Froggy Jumps

Econ Final

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Econ Final

Froggy Jumps

Played 14

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Quiz Answers

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Econ Final
 

Froggy Jumps

Econ FinalOnline version

Quiz Answers

by Cullen Kirk
1

Since 2000, the place of origin of the largest group of immigrants to the United States has been

2

In terms of being dependent on private charity and/or government welfare programs, immigrants to the United States nowadays are

3

Which of the following counties has the largest percent of its residents who are citizens and other legal permanent residents with an expectation of citizenship?

4

Based on social and economic collapse of capitalism made by Karl Marx, what would we expect to see in Venezuela, which has dramatically moved in direction of socialism the past, with regard to honesty as indicated by the Corruption Perceptions Index?

5

What is the relation between economic freedom and freedom from crime as indicated by an index based on (1) the murder rate and (2) a victim survey in the Gallup World Poll?

6

Which of the following is a push factor for migrants?

7

During the 1800s (or, the 19th Century), the place of origin of the largest group of immigrants to the United States was

8

According to the IQ-like Armed Forces Qualification Test

9

Who are "guest workers"?

10

If immigrants were predominantly unskilled, immigration would

11

If immigrants were of a similar skill mix to the native-born population, immigration would

12

What is the relation between economic freedom & intelligence as indicated by an index based on 1.adult literacy 2. internationally standardized tests & 3. the number of Nobel Laureates in sciences relative to the size of a nation's population?

13

Which of the following countries has very few foreign-born residents?

14

Which of the following counties has the largest percent of its residents who are illegal aliens?

15

What happened to the intelligence of eastern Germans relative to western Germans after the country was re-unified following the fall of the Berlin Wall in 1989?

16

Which of the following counties has the largest percent of its residents who are guest workers?

17

Based on the prediction of social & econ collapse of capitalism made Karl Marx what would expect to see in Chile which dramatically moved in direction of econ freedom in recent past w/ regard honesty as indicated by Corruption Perceptions Index?

18

Which of the following is a pull factor for migrants?

19

Which of the following has the lowest (explicit or implicit) fee for exchanging one currency for another?

20

What is the meaning of "ask price"?

21

From 1944 to 1971, the Bretton Woods Agreement ruled. Under this arrangement

22

After France attempted to fix the exchange rate between gold and silver in 1803 ...

23

Which of the following helps countries pay their international debts?

24

Bimetallism refers to ...

25

The Chinese invented ...

26

In which of the following cases will the trend of changes in price ratios and exchange rates be negative? ("Lower" means a lower number of foreign currency units to the Dollar; and, a lower ratio of prices in the foreign country to prices in the U.S.

27

International price surveys demonstrate ...

28

According to Relative Purchasing Power Parity, in the long run, changes in exchange rates tend to equal ...

29

When a currency is weak ...

30

To say that a currency is strong means that at its exchange rate ...

31

When exchange rates are out of alignment with the ratio of prices, about how long does it take from them to get back into alignment?

32

Which of the following countries or sets of countries, has or recently had a black market in its currency?

33

When a currency is strong ...

34

According to Absolute Purchasing Power Parity, in the long run, exchange rates tend to equal ...

35

In which of the following cases will changes in price ratios and exchange rates most closely align with Purchasing Power Parity?

36

To say that a currency is weak means that at its exchange rate ...

37

If a large sample of goods costs 20,000 pesos in Mexico and $2,000 in US and the exchange rate of the Mexican Peso to the U.S. Dollar is 20 to 1, what will tend to happen to the exchange rate of the Mexican Peso to the U.S. Dollar in the long-run?

38

An American company buys products in the Brazil in reals for sale in Europe in euros. It does this in fixed-price contracts, three months in advance of delivery. What are this company's currency exposures.

39

Futures markets ...

40

A firm is said to have a natural hedge with respect to a foreign currency when ...

41

Countries that have higher rates of inflation tend to have ...

42

Currency call options ...

43

An American company seeks to open a subsidiary in Europe to generate future revenue in euros. Taking exchange risk into account, how should this company raise the capital needed for this investment?

44

A company has a transaction risk when changes in exchange rates can affect a company's net worth ...

45

Comparing forward exchange rates and currency futures ...

46

Comparing spot and forward exchange rates, ...

47

Which of the following financial bubbles took place in Holland during the 17th Century?

48

Many financial panics of the past involved an interconnected boom and bust. During the boom preceding the financial panic

49

A contributing cause of the Financial Crisis of the 2008 was ...

50

Following the U.S. Debt Crisis of the 1840s, selected states of the south, most notably, Mississippi, ...

51

Germany was one of the fastest to recover from the Financial Crisis of 2008. Germany's economy featured

52

A contributing cause of the U.S. Debt Crisis of the 1840s was ...

53

Which of the following countries recovered relatively quickly from the Financial Crisis of 2008?

54

Which of the following financial bubbles took place in England during the 18th Century?

55

Which of the following countries recovered relatively slowly or not at all from the Financial Crisis of 2008?

56

The boom preceding the U.S. Debt Crisis of the 1840s was itself preceded by what success?

57

Which of the following financial crises was preceded by over-investment in housing?

58

Which of the following is most likely to wastefully use a natural resource?

59

During the 1990s, what became the dominant theory of economic development? Developing countries should ...

60

A town has a park on which it allows residents to graze their milk cows. (This was before refrigeration.) No restrictions are placed on grazing. The town finds that its residents have more milk cows than can be supported by the park. This is called

61

Which of the following has made the most progress in eliminating extreme poverty (defined as living on less than $1 per day) since 1970?

62

Which of the following best describes a sovereign wealth fund?

63

Referring to India, Ghana and Tanzania, describe what happened from 1991 to 2013?

64

Which of the following has made the least progress in eliminating extreme poverty (defined as living on less than $1 per day) since 1970?

65

What has happened to extreme poverty in the world (defined as living on less than $1.25 per day) since 1990?

66

What has been happening with the number of wars and other forms of civil violence since World War II?

67

What happened to the intelligence of eastern Germans relative to western Germans after the country was re-unified following the fall of the Berlin Wall in 1989?

68

What is the relation between economic freedom and generosity as measured by the World Giving Index?

69

From 1803 to about 1870, the French bimetallic standard ruled. During this time,

70

Since the breakdown of the Bretton Woods Agreement in 1971

71

What is the meaning of "bid-ask spread"?

72

After Sir Isaac Newton advised the British government in 1703 as to what the exchange rate between gold and silver should be

73

Which of the following helps to finance development projects such as dams and roads?

74

From about 1870 to 1814, the British gold standard ruled. During this time

75

Which of the following countries or sets of countries, has or recently had a shared currency?

76

If large sample of goods costs total of 20,000 pesos in Mexico and $2,000 in the US & exchange rate of the Mexican Peso to the US Dollar is 20 to 1 what will tend to happen to the exchange rate of the Mexican Peso to the U.S. Dollar in the short-run?

77

Based on the prediction of social & eco collapse of capitalism made by Karl Marx, what would you expect in Venezuela, which has switched to Socialism, indicated the Corruption Perceptions index

78

Which of the following countries has the largest % of its residents who are guest workers?

79

Debasement refers to...

80

An american company seeks to open a subsidiary in Indonesia to generate revenue in rupiah. Exchange rates into account, how should this company raise the captial needed for this investment?

81

Which of the following currencies is most used in international contracts between parties having different national currencies?

82

Which of the following financial bubbles took place in France during the 18th Century?

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