Of the four effects on interest rates from an increase in the money supply, the initial effect is, generally, the ________
举一反三
- When the growth rate of the money supply is decreased, interest rates will rise immediately if the liquidity effect is _________ than the other effects and if there is _________ adjustment of expected inflation.
- What sort of event could lead to a simultaneous decrease in the rates of inflation and unemployment? A: a decrease in money supply B: an increase in money supply C: an adverse supply shock D: a decrease in material prices E: restrictive monetary policy following an adverse supply shock
- An expanded money supply ________. A: reduces the cost of borrowing B: increases interest rates C: makes it difficult for financial institutions to lend money D: diminishes entrepreneurial initiatives in a country
- According<br/>to the expectations hypothesis, an upward-sloping yield curve implies<br/>that ________ A: interest<br/>rates are expected to remain stable in the future. B: interest<br/>rates are expected to decline in the future. C: interest<br/>rates are expected to increase in the future. D: interest<br/>rates are expected to decline first, then increase. E: interest<br/>rates are expected to increase first, then decrease.
- It is believed that high interest rates （） people from borrowing money from the commercial banks. A: discourage B: decrease C: disgust D: disturb