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时间:2021-01-30
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1、Chapter34TheInfluenceofMonetaryandFiscalPolicyonAggregateDemandMultipleChoice1.Fiscalpolicyaffectstheeconomya.onlyintheshortrun.b.onlyinthelongrun.c.inboththeshortandlongrun.d.inneithertheshortnorlongrun.2.Whichofthefollowingisnotareasontheaggregatedemandcurveslopesdownward?Asthe
2、pricelevelincreasesa.firmsmaybelievetherelativepriceoftheiroutputhasrisen.b.realwealthdeclines.c.theinterestrateincreases.d.theexchangerateincreases.3.FortheU.S.economy,whichofthefollowingisthemostimportantreasonforthedownwardslopeoftheaggregate-demandcurve?a.thewealtheffectb.the
3、interest-rateeffectc.theexchange-rateeffectd.thereal-wageeffect4.LiquiditypreferencerefersdirectlytoKeynes'theoryconcerninga.theeffectsofchangesinmoneydemandandsupplyoninterestrates.b.theeffectsofchangesinmoneydemandandsupplyonexchangerates.c.theeffectsofwealthonexpenditures.d.th
4、edifferencebetweentemporaryandpermanentchangesinincome.5.Accordingtothetheoryofliquiditypreference,themoneysupplya.andmoneydemandarepositivelyrelatedtotheinterestrate.b.andmoneydemandarenegativelyrelatedtotheinterestrate.c.isnegativelyrelatedtotheinterestratewhilemoneydemandispos
5、itivelyrelatedtotheinterestrate.d.isindependentoftheinterestrate,whilemoneydemandisnegativelyrelatedtotheinterestrate.6.Accordingtoliquiditypreferencetheory,theopportunitycostofholdingmoneyisa.theinterestrateonbonds.b.theinflationrate.c.thecostofconvertingbondstoamediumofexchange
6、.d.thedifferencebetweentheinflationrateandtheinterestrateonbonds.7.Intheshortrun,anincreaseinthemoneysupplycausesinterestratestoa.increase,andaggregatedemandtoshiftright.b.increase,andaggregatedemandtoshiftleft.c.decrease,andaggregatedemandtoshiftright.d.decrease,andaggregatedema
7、ndtoshiftleft.8.IftheFedconductsopen-marketsales,themoneysupplya.increasesandaggregatedemandshiftsright.b.increasesandaggregatedemandshiftsleft.c.decreasesandaggregatedemandshiftsright.d.decreasesandaggregatedemandshiftsleft.9.Ifthestockmarketbooms,a.aggregatedemandincreases,whic
8、htheFedcouldoffsetbyincreasingthemoneysu
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