Principles+of+Economics,+7th+Edition+test+bank+题库+ Mankiw7e_TB_Ch30

《Principles+of+Economics,+7th+Edition+test+bank+题库+ Mankiw7e_TB_Ch30》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、MoneyGrowthandInflation7551MoneyGrowthandInflationMultipleChoice–Section00:Introduction1.Overthepast80years,pricesintheU.S.haverisenonaverageabouta.2percentperyear.b.4percentperyear.c.3.6percentperyear.d.6percentperyear.ANSWER:cPOINTS:1DIFFICULTY:EasyLEARNING

2、OBJECTIVES:ECON.MANK.15.147-LO:30-0NATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticTOPICS:DISC:PriceLevelConceptsInflationKEYWORDS:BLOOM'S:KnowledgeNOTES:r2.Overthepast80years,theoverallpricelevelintheU.S.hasexperienceda(n)a.4-foldincrease.b.10-foldincrease.c.

3、13-foldincrease.d.17-foldincrease.ANSWER:dPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:ECON.MANK.15.147-LO:30-0NATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticTOPICS:DISC:PriceLevelConceptsInflationKEYWORDS:BLOOM'S:KnowledgeNOTES:r©2015CengageLearning.AllRightsRe

4、served.Maynotbescanned,copiedorduplicated,orpostedtoapubliclyaccessiblewebsite,inwholeorinpart.MoneyGrowthandInflation75511.Overthelast80years,theaverageannualU.S.inflationratewasabouta.3.6percent,implyingthatpriceshaveincreased16-fold.b.4percent,implyingthat

5、priceshaveincreased17-fold.c.4percent,implyingthatpriceshaveincreased16-fold.d.3.6percent,implyingthatpricesincreasedabout17-fold.ANSWER:dPOINTS:1DIFFICULTY:ModerateLEARNINGOBJECTIVES:ECON.MANK.15.147-LO:30-0NATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticTOPI

6、CS:DISC:PriceLevelConceptsInflationKEYWORDS:BLOOM'S:KnowledgeNOTES:r2.Inflationcanbemeasuredbythea.changeintheconsumerpriceindex.b.percentagechangeintheconsumerpriceindex.c.percentagechangeinthepriceofaspecificcommodity.d.changeinthepriceofaspecificcommodity.

7、ANSWER:bPOINTS:1DIFFICULTY:EasyLEARNINGOBJECTIVES:ECON.MANK.15.147-LO:30-0NATIONALSTANDARDS:UnitedStates-BUSPROG:AnalyticTOPICS:DISC:PriceLevelConceptsConsumerPriceIndexKEYWORDS:BLOOM'S:Knowledge©2015CengageLearning.AllRightsReserved.Maynotbescanned,copiedord

8、uplicated,orpostedtoapubliclyaccessiblewebsite,inwholeorinpart.MoneyGrowthandInflation75511.Inflationcanbemeasuredbythea.changeintheconsumerpriceindex.InflationintheU.S.hasaveragedabout2.