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Question 41
2 E7 |( U) I% b% ~4 F( aAn 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?2 M' N2 _1 X- j7 b
A) Real gross domestic product decreases and the inflation decreases.
( \. e9 n0 |8 P. {( e( `B) The price level decreases and output remains unchanged.: ~/ O4 m3 V' _) f, O; N5 s. U
C) The rate of money supply growth decreases.
5 j( A5 K+ v2 U0 \+ LD) Aggregate demand decreases.
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Question 42
: i8 v7 u$ x# u0 zThe velocity of money is the:
0 H0 g5 t* F5 XA) rate at which the price index for consumer goods rises.
7 a3 n% }5 {9 g' G2 E: a( |B) output expansion multiple of government expenditures.$ K$ C6 O( v3 d }
C) average number of times a dollar is used to purchase goods and services.
2 p$ F6 y8 J3 `: @D) number of times a dollar is taken out of the country during a year.
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2 \' Z& e( _4 U1 Y) X+ z/ fQuestion 439 ~: G4 ~/ E: ?% Q
The advantages of a proprietorship are least likely to include:3 A- t: k) w% ~. c1 l2 K
A) ease of formation.
~2 ]& s3 F6 q, N" k# c6 @B) simple decision making process.
9 X: _ q+ T9 e" {C) single taxation of profits.- X2 y( F: T4 y! S/ V! a6 W
D) limited liability. 9 R. R# A0 j, J# N
$ N7 {8 T- O7 a3 T4 k* G0 \4 rQuestion 44
; i0 a- y. T3 \: t# m0 _9 H# mIn theory, the supply of a non-renewable resource is:$ v; j# ]6 Y' T$ H, M% z0 D5 K
A) fixed over a specific period of time.
) g. H% C+ q# v8 L% P! ^$ xB) perfectly inelastic at a price that equals the present value of the expected next-period price.
" L* p/ q* y. |8 S7 d* G/ nC) perfectly elastic. ~+ D* ]- g7 z
D) perfectly inelastic at the price where demand intersects supply.
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! R* N/ \+ W8 TQuestion 457 e$ ]1 i7 o1 S2 ~0 z7 f) V6 y" c
Demand-pull inflation would least likely be caused by an increase in:
8 V0 H+ b# G; t7 M* o) _A) the prices of raw materials.' [4 R7 w8 c" `* k: }/ _1 o! t, b! N# l
B) the money supply.
) L/ \& T6 y% D( D& eC) government purchases.
* }+ H4 O/ y- mD) foreign incomes.1 P! _" [: e& j0 d! U9 p
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发表于 2015-7-16 09:35:32
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