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Question 41/ ]: x% _% ]# |, K$ [0 M
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?' [5 ]0 c; ^* \
A) Real gross domestic product decreases and the inflation decreases./ B' S! Z: O9 O( Z; O: w
B) The price level decreases and output remains unchanged.
( f, i% y" \9 QC) The rate of money supply growth decreases." r6 C: N, W9 b& y8 o
D) Aggregate demand decreases. 0 s3 x8 Q; y# |
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Question 42
2 g! Y. k8 H N: M1 U* I# xThe velocity of money is the:
- h7 U8 {& S, g, AA) rate at which the price index for consumer goods rises.
) e: m! t, k! t( e3 n6 cB) output expansion multiple of government expenditures.
# Y3 h% ?( d; {+ U o' Z8 lC) average number of times a dollar is used to purchase goods and services.
7 F" r+ u" n' PD) number of times a dollar is taken out of the country during a year.3 `% s2 i% I( F
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Question 436 D8 q$ R# P$ W+ }. ]
The advantages of a proprietorship are least likely to include:
/ G6 r4 K! B, {( C, G+ ~A) ease of formation./ T$ O: ?" Y# `, b/ |8 b
B) simple decision making process.
7 H; N* \: @5 u, g. R9 L4 fC) single taxation of profits.
0 B( ^3 z: e) {1 SD) limited liability. ]# p$ G) U0 n' N% q$ H" t0 _, Z
6 q" N2 E& n3 a/ c& y' ]Question 44
5 P- H0 K( q- Z' \In theory, the supply of a non-renewable resource is:$ l5 N( M# d8 F% {: s
A) fixed over a specific period of time.
. h* S! l8 t# L* T A% w9 x! R4 cB) perfectly inelastic at a price that equals the present value of the expected next-period price.
# E/ m- _8 h; m# I/ X; ~, L; h" U% `C) perfectly elastic.1 s( I& V8 L1 `8 q) g+ S( ]- C
D) perfectly inelastic at the price where demand intersects supply.
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Question 45
: k! R2 P) ~. R) {Demand-pull inflation would least likely be caused by an increase in:9 a7 P, q. T8 e
A) the prices of raw materials.
% ^5 T) G0 n& f# q- N! lB) the money supply.' [5 D+ D0 P7 A1 L j' T
C) government purchases.
; K& N: O. V* m$ k! v$ iD) foreign incomes.
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发表于 2015-7-16 09:35:32
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