Sec 34.1 MC How Monetary Policy Influences Aggregate Demand
Sec 34.1 MC How Monetary Policy Influences Aggregate Demand
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时间:2019-09-22
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1、1. Theinterest-rateeffect a. dependsontheideathatincreasesininterestratesincreasethequantityofmoneydemanded. b. dependsontheideathatincreasesininterestratesincreasethequantityofmoneysupplied. c. isthemostimportantreason,inthecaseoftheUnitedStates,forthedownwardslopeoftheaggregate-demandcurv
2、e. d. istheleastimportantreason,inthecaseoftheUnitedStates,forthedownwardslopeoftheaggregate-demandcurve.ANSWER: cDIFFICULTY: ModerateREFERENCES: HowMonetaryPolicyInfluencesAggregateDemandLEARNING OBJECTIVES: ECON.MANK.138-Explainwhytheaggregate-demandcurveslopesdownward.TOPICS: Aggreg
3、atedemandMacroeconomicmodelsAD-ASModelKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 001.34.1-MC-MANK082. Theinterest-rateeffect a. dependsontheideathatdecreasesininterestratesincreasethequantityofgoodsandservicesdemanded. b. dependsontheideathatdecreasesininterestratesdecreasethequantityofgoo
4、dsandservicesdemanded. c. isresponsibleforthedownwardslopeofthemoney-demandcurve. d. istheleastimportantreason,inthecaseoftheUnitedStates,forthedownwardslopeoftheaggregate-demandcurve.ANSWER: aDIFFICULTY: ModerateREFERENCES: HowMonetaryPolicyInfluencesAggregateDemandLEARNING OBJECTIVES:
5、 ECON.MANK.138-Explainwhytheaggregate-demandcurveslopesdownward.TOPICS: AggregatedemandMacroeconomicmodelsAD-ASModelKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 002.34.1-MC-MANK083. Thewealtheffectstemsfromtheideathatahigherpricelevel a. increasestherealvalueofhouseholds’moneyholdings. b. d
6、ecreasestherealvalueofhouseholds’moneyholdings. c. increasestherealvalueofthedomesticcurrencyinforeign-exchangemarkets. d. decreasestherealvalueofthedomesticcurrencyinforeign-exchangemarkets.ANSWER: bDIFFICULTY: ModerateREFERENCES: HowMonetaryPolicyInfluencesAggregateDemandLEARNING OBJEC