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Question 41
2 M- P A( |: B# w+ f. o9 QAn 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?. Y" D+ B2 c6 q; R7 W) h
A) Real gross domestic product decreases and the inflation decreases.
$ X& C6 w4 l) d, m' w2 G8 YB) The price level decreases and output remains unchanged.
' I0 g$ e" X" R8 f8 C* E( {" ]C) The rate of money supply growth decreases.) ]* H& Z6 ]5 f9 V% E9 x
D) Aggregate demand decreases.
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2 b0 f# v- [' u1 qQuestion 42
. {6 |# |0 W4 S) k+ ^The velocity of money is the:( Z# j& h0 n1 V. j/ T
A) rate at which the price index for consumer goods rises.
; ~7 k" F4 L+ D1 P: w' l: ?& Y5 _B) output expansion multiple of government expenditures.
% k# D6 Q; Q: M( z! m- q$ d, ^C) average number of times a dollar is used to purchase goods and services.! v$ d1 V/ L# X
D) number of times a dollar is taken out of the country during a year.
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Question 433 `" t" v2 v0 g0 \) G6 L
The advantages of a proprietorship are least likely to include:
5 u4 {0 N# g+ H* EA) ease of formation.
8 @ R8 ~: J- J7 @' d% f1 ]B) simple decision making process.- ]3 I. m+ [2 y2 o
C) single taxation of profits.5 f/ j2 F& h8 K8 ]+ E2 i$ g4 l
D) limited liability. 2 h7 ~ G8 h- s3 O$ R/ a
7 i% d9 e: J. H5 cQuestion 44: W: v7 ^6 m0 g+ d+ s7 O" X0 ^; Z
In theory, the supply of a non-renewable resource is:" {+ R' W( d( X/ U
A) fixed over a specific period of time.1 v1 o# [) f/ t
B) perfectly inelastic at a price that equals the present value of the expected next-period price.
6 K1 B5 t3 {3 x' ]( u4 gC) perfectly elastic.7 o& Z U) N& p7 W. `" J7 c+ @
D) perfectly inelastic at the price where demand intersects supply.
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Question 45
' R3 x" W3 U, h4 x( NDemand-pull inflation would least likely be caused by an increase in:- |- D: p% r1 G! X, \% W
A) the prices of raw materials.* A! Z$ x, s! Q4 h5 v# ?6 C, M
B) the money supply.* Z* p, o- e& _& b& P; ]; G
C) government purchases.
" x: I, L( `/ A* X: B0 bD) foreign incomes.
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发表于 2015-7-16 09:35:32
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