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Question 41% q u; H `% m
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?
7 J* G5 F2 {2 ]! cA) Real gross domestic product decreases and the inflation decreases.# p: R* G, z) q% c7 L0 e
B) The price level decreases and output remains unchanged.
! I2 r6 Q8 o2 [ a, y5 NC) The rate of money supply growth decreases.3 _7 C; g& ~+ e1 V) u8 A, Q# H
D) Aggregate demand decreases.
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8 J# H" W' Z4 `6 h% b" ~Question 42
! L7 B1 ?0 d" u* H/ V$ IThe velocity of money is the:, s/ i" A/ C0 w. [" h
A) rate at which the price index for consumer goods rises.; O3 C2 Q5 q- o9 H
B) output expansion multiple of government expenditures.
" o! n3 }4 V2 S, p+ {C) average number of times a dollar is used to purchase goods and services.; K& w* U, w, b5 x
D) number of times a dollar is taken out of the country during a year., B$ ?) k" {, m% E2 X
/ m7 Z* a& V- P/ UQuestion 43
! M0 d" ^5 S% ^" x6 _% J6 OThe advantages of a proprietorship are least likely to include:# O3 D# G8 q2 W8 o/ R3 W& p2 `
A) ease of formation.7 T5 F' q# ~. k, Q9 d
B) simple decision making process.
/ e! X/ u9 j0 {( w/ M2 fC) single taxation of profits.1 ?7 U( I' Z1 Z
D) limited liability.
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2 J, `! m5 H, i1 d; S% f! |- \Question 44
+ I: h% {/ i: X5 e: f& ~In theory, the supply of a non-renewable resource is:" N* U3 n# |' k8 Y8 F& V& A, }# I
A) fixed over a specific period of time.) C7 y) |+ z7 f# D
B) perfectly inelastic at a price that equals the present value of the expected next-period price.
/ M4 i) e k) A- tC) perfectly elastic.( Q) l% b8 G. A& p- Q. }
D) perfectly inelastic at the price where demand intersects supply.
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! g2 j, \" m: A- d& P |7 qQuestion 453 `! m; m# F6 {( t7 Q
Demand-pull inflation would least likely be caused by an increase in:
0 ?8 f9 X0 S' ]+ L; ~A) the prices of raw materials.
+ ]( N" [8 l: FB) the money supply.- l# X6 T- l! e4 j# |( h" g* E) f
C) government purchases.
6 w5 @/ o7 \& `, F9 v: u8 a+ fD) foreign incomes.
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发表于 2015-7-16 09:35:32
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