Question

31 The annual expression of fiscal policy in the light of current economic conditions. anticipated revenue, expenditure and borrowing by the government in a year a) government budget b) discretionary fiscal policy c) stabilization policies d) government expenditure 32 Government macroeconomic policies aimed at full employment, price stability and balance a) government expenditure b) stabilization policies c) discretionary fiscal policy d) cyclical budget component 33 The main role of the Federal Reserve is to a) b) c) d) administer the government's budget and fiscal policy provide advice to the government on the state of the economy oversee the operations of the financial system and monetary managemen establish the value of the dollar and official interest rates 34 Rapid economic growth in the economy can lead to higher a) structural unemployment b) hidden unemployment c) cyclical unemployment d) long term unemployment 35 Assuming a 20% reserve ratio, a $500m increase in bank deposits will generate ar new deposits of a) $250m b) $2500m c) $2000nm d) $3000m Depreciation and Forecasting Using the following data, what is the 3 month moving average forecast for June? Jan7 Feb 8 36 Mar 6 Apr 6 May 5 A 5.7 B 1.2 ? 6.7 D 7.0