According to the text, making monetary policy changes
A: is comparable to driving a car.
B: is similar to carrying out scientific work.
C: will not influence the economy immediately.
D: will have an immediate impact on the inflation rate.
A: is comparable to driving a car.
B: is similar to carrying out scientific work.
C: will not influence the economy immediately.
D: will have an immediate impact on the inflation rate.
举一反三
- The Taylor rule A: allows for strict inflation targeting as long as the output coefficient is zero B: should only be followed if the economy is growing strongly C: suggests changes in money growth in response to changes in the inflation rate D: does not allow for strict inflation targeting E: implies a strict monetary growth rule
- Which of the following is a problem in pursuing monetary policy?( ) A: The economy does not always respond in exactly the same way to a given policy change. B: The Reserve Bank announces all policy changes to the public. C: The Reserve Bank cannot control the cash rate. D: Both answers A and D are correct.
- 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
- Which of the following is NOT a way in which a central bank can conduct its monetary policy? A: by establishing target interest rates and then undertaking open market operations to maintain them B: by buying and selling government bonds C: by making small policy changes and readjusting policies as needed D: by changing the rate of capital accumulation to influence aggregate supply E: by changing interest rates to influence spending on durable goods and investment
- This policy will have a serious _____________ on some car drivers. A: impression B: output C: outcome D: impact