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.
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.
举一反三
- The target inflation rate for inflation targeting is usually（）. A: Inflation rate in the medium and long term B: Inflation rate in the short term C: Average inflation rate D: Past inflation rate
- Which of the following is FALSE? A: in the long run, a central bank can effectively limit inflation B: in the long run, a central bank can do fairly little to stimulate real GDP C: in the long run, monetary policy has no effect on nominal GDP D: unless inflation is very high, stimulating the economy does more to enhance economic welfare than controlling inflation E: a central bank can lower the inflation rate but only by allowing for a loss in real GDP, at least in the short run
- When the economy is operating at potential GDP, an unannounced decrease in the rate of growth of the money supply intended to reduce inflation will most likely lead to. lower inflation and: A: a decrease in output in both the short run and the long run. B: no change in output in both the short run and the long run. C: a decrease in output in the short run, and lower inflation but no change in output in the long run.
- Which of the following organisations might benefit from a period of high price inflation? A: An organisation which has a large number of long-term payables B: An exporter of goods to a country with relatively high inflation C: A large retailer with a high level of inventory on display and low rate of inventory turnover D: An organisation which has a large number of long-term receivables
- Looking at inflation rates in the United States since the 1970s we see that A: inflation fell the most during the 1970s productivity slowdown. B: the highest inflation rates were the double digits during the 1990s. C: the inflation rate increased with the increased growth of the 1990s. D: the 1970s experienced the highest inflation rates.