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Question 41/ n2 v& I T: A
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?
# B( [; b- _! ], eA) Real gross domestic product decreases and the inflation decreases.3 r$ p1 I% O# `* h; ?
B) The price level decreases and output remains unchanged.3 _( H, g9 x/ y8 {$ @: u& x
C) The rate of money supply growth decreases.0 I0 M S4 |+ |9 D. ~
D) Aggregate demand decreases.
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Question 428 a: Y+ C/ `+ g
The velocity of money is the:+ i. w0 R! p' X2 Q0 q0 |
A) rate at which the price index for consumer goods rises.
6 Y/ p2 s" I0 a- b4 E1 F' W" f3 cB) output expansion multiple of government expenditures.
. N' r0 F2 ]' {8 z9 y0 UC) average number of times a dollar is used to purchase goods and services.+ P: w+ O8 x# U) } m8 U' u' A2 i/ |
D) number of times a dollar is taken out of the country during a year.
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Question 43/ T9 k- L/ o/ Y- P2 J% @. V
The advantages of a proprietorship are least likely to include:
% L0 @) e H% s& p# P; X5 b( dA) ease of formation.
1 @6 }/ g! A7 r) I3 pB) simple decision making process.
0 ?) w( X* [9 [4 }C) single taxation of profits.6 c3 B v% q/ q- K9 ]9 d0 Z
D) limited liability.
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Question 44
/ l8 t# f# P! q* ]In theory, the supply of a non-renewable resource is:
0 d$ V# ^7 d2 I: F3 G' g$ ZA) fixed over a specific period of time.( ]0 x6 l7 _8 h
B) perfectly inelastic at a price that equals the present value of the expected next-period price.4 Y* L/ T1 O- S7 h
C) perfectly elastic.
7 W' V. o6 W. x; p xD) perfectly inelastic at the price where demand intersects supply.
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Question 45* }/ k1 v) e1 _" @* d
Demand-pull inflation would least likely be caused by an increase in:- {$ X) b/ C! l: w% L* S# k& L7 Q2 m
A) the prices of raw materials.
; L6 {- \0 O( l8 C0 i* XB) the money supply.
4 y1 p' a+ e7 S8 s. x# wC) government purchases.+ a9 p @0 y1 }
D) foreign incomes.* y0 X$ T- Y2 h" m A
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发表于 2015-7-16 09:35:32
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