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Question 41
t5 O1 I' L# c+ u5 G6 Y1 R2 rAn 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?9 y$ n4 a6 v3 j- l$ L1 e" p
A) Real gross domestic product decreases and the inflation decreases.
! y4 U6 |& w4 y+ J" KB) The price level decreases and output remains unchanged.: n% ` u8 z! r, |0 R
C) The rate of money supply growth decreases.
0 Q6 I8 p" }. _, RD) Aggregate demand decreases. , o) {: J5 v9 Y" q
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Question 429 Z( `* a+ J. u& h# l' p) ?$ H
The velocity of money is the:! O3 p" w( d+ \* N
A) rate at which the price index for consumer goods rises.$ v( g' W5 t3 e1 ]" C* ]& N
B) output expansion multiple of government expenditures., C0 ~3 T1 P; L0 U# j" z
C) average number of times a dollar is used to purchase goods and services.
; X6 D( E3 t: oD) number of times a dollar is taken out of the country during a year.* `* c8 @2 Y) D) s0 ]9 b
) ~) ?/ T6 ?0 Q0 ]" |5 gQuestion 43" a$ i! o5 ?( z$ F, x6 Y
The advantages of a proprietorship are least likely to include:
9 `: d7 O8 R1 Y2 t1 R2 ]! dA) ease of formation.
4 u! k; b& M- L N+ ~; ^$ h3 [6 aB) simple decision making process.+ K7 D( |/ w9 |3 D. G
C) single taxation of profits.
4 {+ d7 g6 z. e! L( } ?' ID) limited liability. , b2 T. v0 D1 G% A6 q
# _5 f" s% V/ W! D6 zQuestion 44
+ H7 D8 i# g, D, e; H5 B3 z nIn theory, the supply of a non-renewable resource is:
# T: M/ [- F! h/ ^0 e' b/ FA) fixed over a specific period of time.
/ m4 y& ^1 h( o0 P. B, \, ZB) perfectly inelastic at a price that equals the present value of the expected next-period price.4 L5 |# w) c' w
C) perfectly elastic.9 ?) H3 {4 p7 ] `* b
D) perfectly inelastic at the price where demand intersects supply.
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Question 45
, [0 ?+ b/ j9 Z& _2 X2 uDemand-pull inflation would least likely be caused by an increase in:
4 h* n3 n7 z" z- T/ H8 H. w( q1 hA) the prices of raw materials.
. j3 L# P3 |' dB) the money supply.0 a6 G' n8 D/ F2 K* x
C) government purchases.
# R* a. k! f/ N0 x! z1 s- \0 p8 ~D) foreign incomes.
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发表于 2015-7-16 09:35:32
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