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Question 41
* @" j# P; T. }; HAn 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 H ]; E2 O6 b0 R/ S
A) Real gross domestic product decreases and the inflation decreases.
) }3 K& h" S" U8 z! @3 v4 FB) The price level decreases and output remains unchanged.
) o, A! d* T" j$ |# {5 ~% d. DC) The rate of money supply growth decreases.+ S$ P- L' A3 B
D) Aggregate demand decreases. 2 `- P9 ]! Y; z7 q$ }+ c7 _5 @
j3 c4 p5 s- Y, s7 kQuestion 426 A- z4 v6 ^7 R( _) d% {5 `
The velocity of money is the:
8 j2 [+ j& ^; u" vA) rate at which the price index for consumer goods rises. P! ^7 h* i/ J) f; q7 Z
B) output expansion multiple of government expenditures.
# }& z* {3 Q! X' f W' N" rC) average number of times a dollar is used to purchase goods and services.
- R/ Z# e+ E1 K Q1 f) m: X8 FD) number of times a dollar is taken out of the country during a year.
% f. ~& @7 J8 ]) o 7 V; r% {- y5 I7 V' W! d
Question 43' H, a% }! B# Z5 U6 }4 b
The advantages of a proprietorship are least likely to include:
& |: L9 H$ _) k' \! _7 c+ @6 YA) ease of formation.
^) ? Q- u3 k. t8 J5 C* T5 sB) simple decision making process." u3 R* {& e; w
C) single taxation of profits.7 X: w0 a: b- g$ F) I$ l/ c- M0 k5 r$ v
D) limited liability. % X# ]- {4 k5 W& w
7 G2 z0 x. q* m2 H7 \, A
Question 44
8 `) j% z2 B, z3 V- ^3 T! ~In theory, the supply of a non-renewable resource is:
$ p" M$ Y& C% {4 J; OA) fixed over a specific period of time.
# X. [% L0 M; l C5 O/ XB) perfectly inelastic at a price that equals the present value of the expected next-period price.
- e, ^9 K. g6 p1 {# s8 HC) perfectly elastic.6 p' `' t& `. E
D) perfectly inelastic at the price where demand intersects supply.8 k3 G% k2 N" }" r: |
# ]9 l, @, n: ~. v( ?4 rQuestion 45
- D8 Y4 b9 ?, o! zDemand-pull inflation would least likely be caused by an increase in:
! U% E0 R, Y* I9 b- jA) the prices of raw materials.
[. o7 \) I/ _ JB) the money supply.3 o( L% d* g; r7 Y: ^8 q4 e# m! b
C) government purchases.
L, e% A4 C/ Z! h+ KD) foreign incomes.) j2 H; i! @) Q, _3 X9 Y" z
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发表于 2015-7-16 09:35:32
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