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Question 41; n$ ^7 Y9 p8 Z
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?
( w0 o/ i- Q" UA) Real gross domestic product decreases and the inflation decreases.
, w# o1 I4 _5 A! u+ r7 H* JB) The price level decreases and output remains unchanged.# ]: }% E# [7 T2 L4 C( x
C) The rate of money supply growth decreases.
! w5 I4 S6 C) d' lD) Aggregate demand decreases. 6 `! e6 j4 x8 C7 c+ p# R6 o
, R d- [; F* n6 a% X- A7 _2 @Question 42) s, q% @( `, [9 ?
The velocity of money is the:0 L v. k4 Y* \) k; j
A) rate at which the price index for consumer goods rises.
+ I0 i8 ~8 |- ~, r$ D3 bB) output expansion multiple of government expenditures.$ G. a8 x0 N* Q0 Y/ y
C) average number of times a dollar is used to purchase goods and services.
( R% L' E3 d$ t4 LD) number of times a dollar is taken out of the country during a year." d; ~9 I* F6 t2 G) T A$ [
( |+ g) ~! J( Z1 O3 {Question 43$ L; R3 f: m! j9 c
The advantages of a proprietorship are least likely to include:
" s: i' Y* `- D! i/ M' A+ MA) ease of formation.
! s. ~# o; d5 ?$ }3 Y4 `; v6 Y1 D* nB) simple decision making process.
+ A% v- d! f* X3 @0 OC) single taxation of profits.
: S2 N% a. c3 E y3 b4 _7 C6 [D) limited liability.
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$ r' f4 o. b" y- G" y0 WQuestion 442 f+ J2 B1 u2 e8 ?
In theory, the supply of a non-renewable resource is:% l' w' K& c7 X) g8 W/ x
A) fixed over a specific period of time.2 \; r( e& v8 [
B) perfectly inelastic at a price that equals the present value of the expected next-period price.
" t, i, r8 j: wC) perfectly elastic.
9 ]# g K2 X4 v2 ^* o8 [D) perfectly inelastic at the price where demand intersects supply.
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Question 45$ L2 Z4 X: h$ r( ], I# y
Demand-pull inflation would least likely be caused by an increase in:) |) X7 u8 D3 j' T9 l
A) the prices of raw materials.
9 u% w* Q6 J, b/ y: K1 \B) the money supply.
+ |$ Z0 s. r9 u$ EC) government purchases.
7 L" g. x9 N6 p: J! nD) foreign incomes.
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发表于 2015-7-16 09:35:32
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