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Question 413 }9 ]9 O1 \2 ?
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?' q D# _% {6 z, W
A) Real gross domestic product decreases and the inflation decreases.
2 ?8 X3 v4 u, x# r2 D# G' U% NB) The price level decreases and output remains unchanged.; |( G, {; M" z# r7 ^3 t
C) The rate of money supply growth decreases.
* `( I& ^# ?/ p% v4 c1 Y7 H$ u0 mD) Aggregate demand decreases.
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: x/ Y: F4 D5 M: z9 X, k8 KQuestion 421 Q/ ]7 ^. T! `$ u' q
The velocity of money is the:
9 I' Z/ I) v/ s! D6 z+ @* S8 aA) rate at which the price index for consumer goods rises.
1 @3 f6 w2 X- D- N7 a! [- TB) output expansion multiple of government expenditures.
, c) `4 g$ g! d4 B$ F( `$ eC) average number of times a dollar is used to purchase goods and services.: b) X( O5 i# k8 k, E f
D) number of times a dollar is taken out of the country during a year.
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Question 43! j8 }4 @" K9 J: S
The advantages of a proprietorship are least likely to include:0 A) g4 O# m q( j
A) ease of formation." w( _: d0 V m N* o, F3 v- T
B) simple decision making process.: d) s. \! I3 [' I: N* x
C) single taxation of profits.
# \1 p- o3 s" zD) limited liability.
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+ n Z4 }+ h3 t! z% s+ _/ L' SQuestion 44
: {. E. e1 u4 y9 s' b7 sIn theory, the supply of a non-renewable resource is:- R0 ?$ G$ D! _8 I4 ]' ]
A) fixed over a specific period of time.& ^6 F }0 O( ~7 U+ H+ K
B) perfectly inelastic at a price that equals the present value of the expected next-period price.* g" y( l, M$ A
C) perfectly elastic.
4 M( D; H* ]3 U4 Z O+ E- \D) perfectly inelastic at the price where demand intersects supply.
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Question 45
0 z) Q3 j3 q8 {# ]- @; C3 mDemand-pull inflation would least likely be caused by an increase in:
, C. B3 m7 B! g, O+ z8 S1 f5 NA) the prices of raw materials.3 H4 S# V0 Q$ Y$ |1 {0 q/ B
B) the money supply.
- U$ j" H' u, q& }C) government purchases.+ j! t( U+ ^8 |4 c ^9 v7 X
D) foreign incomes.
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发表于 2015-7-16 09:35:32
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