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
举一反三
- The rule that tells a central bank how to set interest rates in response to changes in economic activity is known as the A: federal funds rule B: interest rate rule C: monetary growth rule D: Taylor rule E: Friedman rule
- 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
- 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.
- The Fed operationalizes its goals by focusing on: A: core inflation and the output gap. B: expected inflation and U.S. dollar exchange rates. C: food and energy prices and the growth rate of real GDP.
- As the economy enters a boom we can generally expect that A: inflation will decrease with little change in the unemployment rate B: unemployment will increase and inflation will decrease C: nominal GDP will increase but only because of an increase in the price level D: inflation will increase and the unemployment rate will decrease E: output will increase with little change in unemployment or inflation
内容
- 0
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
- 1
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.
- 2
1. Which problem is not true to Chinese economy’s problems? A: A. Decline in economic growth B: B. Imbalance of regional development C: C. Low inflation rate D: D. Unreasonable structure of economic growth
- 3
If this year's price level exceeds last year's, A: the inflation rate between these years has been positive. B: the inflation rate is accelerating. C: deflation is occurring. D: no relative price changes are occurring.
- 4
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.