• 2022-05-27
    Which of the following is least likely to be a direct consequence of a high rate of inflation()
    A: Increased uncertainty about the long-term inflation rate.
    B: Increased focus on the long term by business planners and other people.
    C: A misallocation of resources within the economy.
  • B

    举一反三

    内容

    • 0

      In which of the following situations would you prefer to be making a loan? A: The interest rate is 9 percent and the expected inflation rate is 7 percent. B: The interest rate is 4 percent and the expected inflation rate is 1 percent. C: The interest rate is 13 percent and the expected inflation rate is 15 percent. D: The interest rate is 25 percent and the expected inflation rate is 50 percent.

    • 1

      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

    • 2

      If the inflation rate in the United States is higher than that in Germany and productivity is growing at a slower rate in the United States than it is in Germany, in the long run, _________

    • 3

      For a country which has a relatively high rate of inflation and wants some form of pegged exchange rate, which of the following exchange rate regimes is the best choice? A: Fully fixed exchange rate B: Adjustable peg C: Crawling peg D: Fully convertible

    • 4

      The relationship among real interest rate, nominal interest rate, and expected inflation rate is _________. A: real interest rate = nominal interest rate+ expected inflation rate B: real interest rate = nominal interest rate- expected inflation rate C: real interest rate = expected inflation rate - nominal interest rate D: nominal interest rate = real interest rate - expected inflation rate