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Question 41" h0 |3 [' ^ q
An economy in long-run equilibrium experiences a cost-push inflation shock. If a feedback rule monetary policy that focuses on the price level is in place, which of the following effects of the monetary policy change is least likely?# u1 ~0 }" R" `5 |
A) Real gross domestic product decreases and the inflation decreases.
7 z$ A1 R* z% h% s1 }& AB) The price level decreases and output remains unchanged.) H2 o7 O. N1 E/ T- |: M' b& \+ O
C) The rate of money supply growth decreases.
9 t# }) n% l6 |, h& t6 ^& cD) Aggregate demand decreases. 6 R. y8 t$ M$ q4 \ v. R
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Question 42
# n5 B0 w# ]1 q& {8 {The velocity of money is the:
6 c! u! |# s& Q i) s) TA) rate at which the price index for consumer goods rises. v2 b) K/ x7 t3 F, @: D" K- U
B) output expansion multiple of government expenditures.
- w' V% F4 Z c) CC) average number of times a dollar is used to purchase goods and services.
/ r% a4 l5 y- Q' V1 y! lD) number of times a dollar is taken out of the country during a year.0 X* t, n j* ~! s* M+ I9 L T
( @- N$ X' B( K* r6 j+ c, Y! xQuestion 43, w; h* n4 w! |( T7 k
The advantages of a proprietorship are least likely to include:
- R n+ Q# ^) }, ?5 [A) ease of formation.
* k* b4 ]5 l4 H3 wB) simple decision making process., `! u* I% b e: T( ]" f
C) single taxation of profits.
% F5 Y/ e9 A5 @, r% R# z) mD) limited liability.
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% R0 g; G3 e, j- @* h# ]1 i. o- gQuestion 44; Z% i' c# d3 d& A! `- m
In theory, the supply of a non-renewable resource is:! a. j9 @% W4 x: w
A) fixed over a specific period of time.$ |, Z0 a6 \: v8 E1 \9 a( }4 W
B) perfectly inelastic at a price that equals the present value of the expected next-period price.! z# S& Z) T) \% \( J8 }% p
C) perfectly elastic.
1 i) i" o2 d+ y& L, a( E& wD) perfectly inelastic at the price where demand intersects supply.* j' ]9 r" v) `' s
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Question 456 H5 H, ?- M- R
Demand-pull inflation would least likely be caused by an increase in:. u* k" T1 C5 M% O, I# ~
A) the prices of raw materials., H: K5 M( Q$ {+ a ~
B) the money supply.
Z4 o6 ^$ r2 e& H" _C) government purchases.
& d. Q0 U9 F' V( l& E6 i: j- ]: sD) foreign incomes.6 A! ^7 [! t# Q
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发表于 2015-7-16 09:35:32
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