|
|
Question 41
5 x9 J% F- k! h. f- ^% P Y5 }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?
" ^, {! }/ U5 l P! B% VA) Real gross domestic product decreases and the inflation decreases.9 e$ n! G7 @, o! M
B) The price level decreases and output remains unchanged.3 v! K* c2 w$ \% a5 X# o
C) The rate of money supply growth decreases.( L& ^1 U- ?, I$ c
D) Aggregate demand decreases.
/ k$ e5 i U ~& m! s6 S
! g# H3 g: S+ Y! A: D6 IQuestion 42
" f. a( C k& D: _The velocity of money is the:
( B$ c1 r& I. l9 zA) rate at which the price index for consumer goods rises.: W+ L5 n$ ]& q
B) output expansion multiple of government expenditures.
& }. X6 Z0 V1 f( WC) average number of times a dollar is used to purchase goods and services.- n9 H3 u7 b B. b
D) number of times a dollar is taken out of the country during a year.
: D1 x3 [' S: D
: s8 ^4 M2 N* [) k7 g2 g. _Question 43: U e3 ^; k, p- v
The advantages of a proprietorship are least likely to include:
* ?) ?5 k9 ?8 P* z+ X1 }; @0 eA) ease of formation.
' Q4 Q& M9 S0 O3 r. [B) simple decision making process.8 ?& n! C' P) q$ Y$ M
C) single taxation of profits.
1 W* A! b: k7 P; a' OD) limited liability. ! J& H+ ^" ^5 z" b
# L% m/ X! b; Q6 f# `Question 446 p8 e, }+ m) a; E4 k" c
In theory, the supply of a non-renewable resource is:8 n8 s2 h+ G7 W, b. a
A) fixed over a specific period of time.
$ s+ c+ y; ^- x, g' [. s( AB) perfectly inelastic at a price that equals the present value of the expected next-period price. j: P" [; J- R* v4 ]$ a8 ?
C) perfectly elastic.
! S: [* s4 O2 \2 {D) perfectly inelastic at the price where demand intersects supply.
$ A4 E' U0 x! \
4 t; ]& m4 i6 L; kQuestion 45
- ^- ^3 R# S% c6 ^5 \Demand-pull inflation would least likely be caused by an increase in:
. v. W: j2 G; [6 \A) the prices of raw materials.
- x! c8 ^/ N' jB) the money supply.
5 C5 A n; z! |! J! c0 BC) government purchases.
4 x5 ~. Z) {( n" l; d; m" RD) foreign incomes.3 ?4 ^3 m* p1 k z# r+ D
|
|
发表于 2015-7-16 09:35:32
楼主
