A: fall; smaller
B: fall; greater
C: rise; smaller
D: rise; greater
举一反三
- Which of the following would increase the supply of corn? A: a decrease in the price of wheat B: an increase in the price of pesticides C: a severe drought in the corn belt D: a decrease in the demand for corn E: a fall in the price of corn
- The description of the process of "the corn failure caused the<br/>corn market price to rise" () A: The decrease in corn supply has caused a decrease in corn demand. B: The decrease in corn supply has caused a decrease in corn qantity<br/>demanded. C: The decrease in corn supply has caused a decrease in corn demand. D: The decrease in the quantity supplied of corn causes a decrease in<br/>the quantity demanded for corn.
- According to quantity equation the price level would change less the proportionately with a rise in the money supply if there were also A: either a rise in output or a rise in velocity. B: either a rise in output or a fall in velocity. C: either a fall in output or a rise in velocity. D: either a fall in output or a fall in velocity.
- As a result of running high temperature this summer in the south of China, the corn crop declined sharply. If corn growers experienced an increase in sales revenue, the demand for corn must be ( ) A: price elastic. B: price inelastic. C: unitary elastic. D: perfectly inelastic.
- 以下各句正确的是__________。 A: An increase in demand is likely to cause a rise in prices. B: Increases in demand usually lead price increases. C: If demand increases; as a result, prices tend to rise. D: Increases in price are often resulted by increases in demand.
内容
- 0
A rise in the price of imports or a fall in the price of exports will:
- 1
When the interest rate on a bond is below the equilibrium interest rate, there is excess _________ in the bond market and the interest rate will _________ A: demand; rise B: demand; fall C: supply; fall D: supply; rise
- 2
When the interest rate on a bond is above the equilibrium interest rate, in the bond market there is excess ________ and the interest rate will ________. A: demand; rise B: demand; fall C: supply; fall D: supply; rise
- 3
A price that is higher than the equilibrium price ( ) A: The producer cannot recover the production cost at this price. B: At this price, the quantity supplied is greater than the quantity<br/>demanded. C: Consumers are willing to purchase all products at this price. D: Demand is greater than supply at this price.
- 4
Milton Friedman contends that it is entirely possible that when the money supply rises, interest rates may _________ if the _________ effect is more than offset by changes in income, the price level, and expected inflation. A: fall; liquidity B: fall; risk C: rise; liquidity D: rise; risk