Which of the following is an perspective of inflation promotion?
A: Inflation can stimulate and increase effective demand
B: Inflation can easily induce excessive capital demand
C: Inflation easily increases the risk and operating costs of new production investments
D: Under inflation, the government may adopt price control measures to distort resource allocation
A: Inflation can stimulate and increase effective demand
B: Inflation can easily induce excessive capital demand
C: Inflation easily increases the risk and operating costs of new production investments
D: Under inflation, the government may adopt price control measures to distort resource allocation
举一反三
- Which of the following is structural inflation A: Demand transfer inflation B: Sector differential inflation C: Imported inflation D: Export inflation
- Generally, the holder of a government bond that is indexed to the price level knows A: either the interest rate, the principal, or both are adjusted for inflation B: the real interest rate will fluctuate with inflation C: there will be no losses as long as inflation is anticipated, but losses can occur if there is an unanticipated increase in the inflation rate D: all of the above E: none of the above
- As the economy enters a boom we can generally expect that A: inflation will decrease with little change in the unemployment rate B: unemployment will increase and inflation will decrease C: nominal GDP will increase but only because of an increase in the price level D: inflation will increase and the unemployment rate will decrease E: output will increase with little change in unemployment or inflation
- In 1985, ______. A: inflation was taken into account in the federal government's income tax policy B: inflation rate was brought under control and income lax rate was reduced C: a number of states made their own laws against the rising inflation D: the federal government adopted several inflation combating policies
- In the short run, a central bank can most easily stimulate economic activity by A: selling government bonds to the public B: raising interest rates to make investments more profitable C: lowering the inflation rate though monetary restriction D: influencing aggregate supply through monetary expansion E: influencing aggregate demand and accepting a higher price level in the future