The key to the assignment rule is that one powerful government policy tool can be used to achieve both external balance and internal balance. (
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举一反三
- When the external balance relationship between government spending and money stock is positive, then the A: internal balance between them must be negative. B: internal balance between them might be negative or positive. C: internal balance between them must also be positive. D: internal balance between them would not exist.
- According to the assignment rule, which of the following policy mixes<br/>is appropriate for a country with high inflation, a balance of<br/>payments deficit, and fixed exchange rates? ____. A: Expansionary fiscal policy and expansionary monetary policy B: Expansionary fiscal policy and contractionary monetary policy C: Contractionary fiscal policy and expansionary monetary policy D: Contractionary fiscal policy and contractionary monetary policy
- The official settlements balance or balance of payments is the sum of the current account balance and the capital account balance.
- The goals of monetary policy are ___________. A: sustainable economic growth B: full employment, C: stable prices, D: satisfactory external balance
- The Marshall-Lerner condition can be used to determine ( ). A: Balance of payments B: Impact degree of currency depreciation on international balance of payments C: The impact of exchange rate fluctuations on international balance of payments D: Degree of currency depreciation