|
|
Question 41
- P* u) N% h) w3 _: }4 V! zAn 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?
& \4 d$ Z3 g+ Y" j: J0 `$ v. w$ oA) Real gross domestic product decreases and the inflation decreases.
8 D3 {4 x: ~9 `7 H wB) The price level decreases and output remains unchanged.. R; g6 P, W: d9 w7 `* F/ N
C) The rate of money supply growth decreases.
/ v4 f; k: ~( L v: KD) Aggregate demand decreases.
0 {# N9 G [. F4 x5 |. v9 n " t0 t P. |' U/ K- ]
Question 42
8 M" \ a7 q/ ?# WThe velocity of money is the:
: i4 Y" ~; p+ LA) rate at which the price index for consumer goods rises.
0 F) s1 {; r) |1 F. eB) output expansion multiple of government expenditures.$ s1 p# H# V& p4 c7 i
C) average number of times a dollar is used to purchase goods and services.
. L# f! [% \) t* S* o) nD) number of times a dollar is taken out of the country during a year.) Y. D0 O% n( N' @- Y
. M/ b/ q% N ]6 L( LQuestion 43
+ S( A+ O7 Z' d3 Y- h3 Z. iThe advantages of a proprietorship are least likely to include:! z3 L0 `& X( {& z. |0 f$ I* l
A) ease of formation./ ?! W( j- x# }) G
B) simple decision making process.
' D$ i! p0 {; dC) single taxation of profits.
% _$ ]1 ]. c( q0 T* e# k, A1 }D) limited liability.
O% `3 o, N7 v6 Z" ]# a; {, G7 H + e8 O. y4 f( u/ c
Question 44" x4 `0 f- o4 g
In theory, the supply of a non-renewable resource is:
' K- F) b' q& Q$ tA) fixed over a specific period of time.+ B3 q' ~4 t3 b4 {
B) perfectly inelastic at a price that equals the present value of the expected next-period price.8 M- J9 f' n |- O( Q; F6 e* Z
C) perfectly elastic.
: h& p4 B# D) D4 f3 E% r1 m4 nD) perfectly inelastic at the price where demand intersects supply.5 B' @7 e! k# H4 j/ i+ o+ _+ C
" _7 w+ F' ~6 f# A) `7 y
Question 45
) `/ i7 s& u; WDemand-pull inflation would least likely be caused by an increase in:! B5 ], a+ V. I+ Y+ i c# A/ g, c0 I
A) the prices of raw materials.* Q, {9 E1 V4 R( w- k, z5 z
B) the money supply.
7 j/ T0 y3 J9 ]# n# G, bC) government purchases.
% S- O4 p% I! {( ]. UD) foreign incomes./ d) D5 ?" e$ J* r; O
|
|
发表于 2015-7-16 09:35:32
楼主
