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Question 415 ]/ o8 W7 ^! W, R% S, d( V
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?
- z p @& `; P- _A) Real gross domestic product decreases and the inflation decreases.6 h: j+ R, C! r7 ^6 }
B) The price level decreases and output remains unchanged.1 R: _/ \4 z2 k7 a
C) The rate of money supply growth decreases.
0 q! R* I- b$ h% Q3 q& JD) Aggregate demand decreases.
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8 Q$ a" L# v; `4 S- {& GQuestion 42
3 H# C5 ^) B! g+ cThe velocity of money is the:
6 P# T d. T" C6 V8 d* d$ CA) rate at which the price index for consumer goods rises.
( k0 L9 R8 Y% S8 C& h5 v% G% DB) output expansion multiple of government expenditures.
/ R( ^' R- u" D9 Z- G- J# `: GC) average number of times a dollar is used to purchase goods and services./ t- p$ g5 O8 I7 S: z. i& e O1 v
D) number of times a dollar is taken out of the country during a year.
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Question 43( d' p9 k) o c: x' @, d3 Y
The advantages of a proprietorship are least likely to include:
1 Y$ d2 L0 V- v; ?' C! NA) ease of formation.
4 |# k/ `/ W* T( D9 zB) simple decision making process.2 R2 q$ J5 P( G: k0 [% M
C) single taxation of profits.
" q, N& r E7 m% a( ^. s1 uD) limited liability. $ O, c; ]2 |& a4 D' [7 S
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Question 44; Q% y# W/ W0 j9 g8 c% N( `) |& Q
In theory, the supply of a non-renewable resource is:' {- d! v7 t" @) }& L0 E
A) fixed over a specific period of time.% ]! H3 k) I" h
B) perfectly inelastic at a price that equals the present value of the expected next-period price. y& [2 i8 Z* F1 n6 I7 ?. i4 P% l
C) perfectly elastic." W: I9 ~1 `6 e/ K2 r& m; F
D) perfectly inelastic at the price where demand intersects supply.
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# G( h+ s" M" b- f' aQuestion 45
# D D+ Y: x! p3 \$ }9 \Demand-pull inflation would least likely be caused by an increase in:9 e& m2 Q$ R3 H& w" q# D, @6 p
A) the prices of raw materials.4 m1 U* H3 W+ V: C& q. c& U
B) the money supply.
! y( G" H3 S9 M* v6 W ?C) government purchases.
! H/ \: V& x. F n+ n% `( X6 Y% XD) foreign incomes.
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发表于 2015-7-16 09:35:32
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