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Question 41
$ |; d0 j* U/ \7 I$ h# v; L N jAn 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?. W: z/ t4 D: S4 }
A) Real gross domestic product decreases and the inflation decreases.0 z; I; h# \/ p8 u4 r* \* s
B) The price level decreases and output remains unchanged.
. _/ I% z8 j" }) o" e/ s* ^C) The rate of money supply growth decreases.0 o# Q6 ]/ _0 Z; o; g- S
D) Aggregate demand decreases.
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Question 424 ~& q( s% p0 C4 M6 H/ p
The velocity of money is the:2 U' _* ?6 y6 m. {8 J- s) G$ q
A) rate at which the price index for consumer goods rises.8 `) u- e. Y' U3 R( d- [
B) output expansion multiple of government expenditures.
' B8 ]; X( l& O4 u4 |C) average number of times a dollar is used to purchase goods and services.
, t! @" A! X% sD) number of times a dollar is taken out of the country during a year.
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. p* E. y4 x' L! ~7 G" d% {! X! w7 B$ lQuestion 43
. o! a- j1 O9 T7 bThe advantages of a proprietorship are least likely to include:/ [. J( z4 A* ^2 H2 Y7 x* L
A) ease of formation.
# Q& Y3 B8 `5 A0 F4 ~$ xB) simple decision making process.4 M( t9 d- ^3 @% T- b
C) single taxation of profits.
6 l8 s! h, L* e% ?: x- u' B: E7 |' lD) limited liability. , g3 V7 i4 G4 u$ _4 U. d
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Question 44
; P# e. P# P7 E6 H: Y8 M; P# FIn theory, the supply of a non-renewable resource is: k" z8 |) v0 q* Q
A) fixed over a specific period of time.
4 ~) `8 i4 D3 J$ {( Q0 NB) perfectly inelastic at a price that equals the present value of the expected next-period price.5 X; Q9 @5 G. h2 [4 t) l
C) perfectly elastic.
7 p( |2 u; X! bD) perfectly inelastic at the price where demand intersects supply./ ?' w {/ v; m, b
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Question 45
" y+ y8 i4 j& o1 xDemand-pull inflation would least likely be caused by an increase in:
) u7 |2 ^! ^9 `: i2 h+ `A) the prices of raw materials.4 K3 H7 b, l' Q% ?
B) the money supply.: u ]. q2 S J* k& e7 N
C) government purchases.# X) d. i2 J4 j/ g8 d! U9 X: C
D) foreign incomes.! j& n* L4 A3 `! T, O% c0 H, V
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发表于 2015-7-16 09:35:32
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