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Question 41
3 |9 @( n* o" [$ Y8 C' YAn 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?
' O. V; ?8 V% m' _A) Real gross domestic product decreases and the inflation decreases.7 n) k/ E+ l" \; p1 U! P8 X/ \9 w
B) The price level decreases and output remains unchanged.- K& m5 A/ d( r& }
C) The rate of money supply growth decreases.% T: ^7 Z7 b$ y+ _. @3 ~3 v3 A
D) Aggregate demand decreases.
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Question 42) w4 u& }# M' i! p& I h) O. |$ u
The velocity of money is the:
4 [4 }& `! E9 t, Y: rA) rate at which the price index for consumer goods rises., L& b2 }2 L2 G' N+ g2 g. ]0 e
B) output expansion multiple of government expenditures.
3 Y+ j$ ~( ]1 U0 ^0 P, A- a5 B6 {C) average number of times a dollar is used to purchase goods and services./ |6 g0 U) F- P
D) number of times a dollar is taken out of the country during a year.
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Question 435 M; ^; P" t' ^ E$ ~
The advantages of a proprietorship are least likely to include:3 C$ D5 P9 P1 t" f/ T8 Y) u3 s6 S
A) ease of formation.( U3 a" L% I0 w V6 ^4 N
B) simple decision making process.) T6 S' a& y5 f% @0 T6 N4 z0 d
C) single taxation of profits. g' [+ y. o: s4 Z( e* q+ A
D) limited liability. ; ^0 f: G9 G2 R" I
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Question 446 H t7 z2 K3 F2 i# m' |1 K5 [6 J, b
In theory, the supply of a non-renewable resource is:
6 w9 y) i6 N% P0 i4 ~! ] y1 L8 j/ I& iA) fixed over a specific period of time.- H W0 a) N3 | \& q3 M
B) perfectly inelastic at a price that equals the present value of the expected next-period price.
' Q8 U& c& B q% VC) perfectly elastic.: X# H+ j9 O- |# g* q
D) perfectly inelastic at the price where demand intersects supply.
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5 ^- K1 a4 P9 E3 m2 Q8 I. GQuestion 45
: }& y# B7 V; _3 O { TDemand-pull inflation would least likely be caused by an increase in:
/ j! }" g' f5 }* yA) the prices of raw materials.
! {" ?# u9 Z; R' a6 JB) the money supply." J5 Q5 L7 p3 }+ z5 u2 F9 h
C) government purchases.
+ v! L- d! Y1 ]0 G/ m0 R# X" MD) foreign incomes.; ?- ~- j" k$ E. t' C$ F& _+ X
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发表于 2015-7-16 09:35:32
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