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Question 41
. F& H; ] c( yAn 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 C2 E9 e5 P1 }* H1 H, _
A) Real gross domestic product decreases and the inflation decreases.; `7 {7 n: l* k: d, C
B) The price level decreases and output remains unchanged.
, {6 E; y+ j9 MC) The rate of money supply growth decreases.
P/ z- V. ~4 Y6 bD) Aggregate demand decreases. 2 Z3 ~+ w7 s- L# l
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Question 42. V: ?0 l& C4 ^! z, c- u
The velocity of money is the:
0 E) V; F6 ?! Y: G# A& Y. F2 _A) rate at which the price index for consumer goods rises.
% B/ t o$ v1 F) o0 z, z3 y3 ]B) output expansion multiple of government expenditures.1 r% N8 @3 L% W9 p5 b
C) average number of times a dollar is used to purchase goods and services.6 m9 ~2 Q% u, T o/ y m! h) ]: T! X
D) number of times a dollar is taken out of the country during a year.
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Question 436 I0 H+ b# c/ P! Y# Q; c9 m; s- o
The advantages of a proprietorship are least likely to include:
9 x2 y: ?% g2 B9 I. Q$ FA) ease of formation.
6 M9 M0 x! s* ~& c% v6 ]6 B3 s3 y, XB) simple decision making process.
+ v. w; j( P# N5 i1 x( S: NC) single taxation of profits.8 Y: a7 `4 [: J; R$ k/ @( A
D) limited liability. : R0 g" C' e& |, Z3 i6 W
. B! t1 f6 w6 w* O6 b" rQuestion 44
+ B3 t. A1 n% Q+ x3 Q- z: V: o' rIn theory, the supply of a non-renewable resource is:/ V% b, Z, c9 K7 O, g- I4 o$ P
A) fixed over a specific period of time.& }/ ~, t% [! c4 h$ I; U1 b
B) perfectly inelastic at a price that equals the present value of the expected next-period price.% C2 t0 D9 J( u8 B
C) perfectly elastic.
6 Q$ T% A. `1 V& K# o# UD) perfectly inelastic at the price where demand intersects supply.! g7 T3 Z8 s( Y
% ?( o0 Q- i U" U. @/ f* c% gQuestion 45
: ^3 E; K9 s& yDemand-pull inflation would least likely be caused by an increase in:8 I4 }# w% }( P3 D5 }3 \" Q. R4 J% k) v
A) the prices of raw materials.
& \/ l z1 E! m* t9 h3 ]) ?7 a- TB) the money supply.; y# {* J* _2 n+ h7 r
C) government purchases. I: ^. ^; F- U" A2 \
D) foreign incomes.( [* a3 P9 h7 m0 z! M) u7 u
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发表于 2015-7-16 09:35:32
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