Sec 36.4 MC Should the Central Bank Aim for Zero Inflation
Sec 36.4 MC Should the Central Bank Aim for Zero Inflation
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时间:2019-09-22
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1、1. FortheFedtofullyeliminatethecostsofinflation,howlowdoestheinflationrateneedtobe? a. 0percent b. 3percent c. 5percent d. 6percentANSWER: aDIFFICULTY: ModerateREFERENCES: ShouldtheCentralBankAimforZeroInflation?LEARNING OBJECTIVES: ECON.MANK.303-Identifyth
2、etrade-offassociatedwithachievingzeroinflation.TOPICS: MonetarypolicyKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 001.36.4-MC-MANK082. Whichofthefollowingisacostofinflation? a. shoeleathercosts b. menucosts c. relativepricevariability d. Alloftheabovearecorrect
4、C-MANK083. Whichofthefollowingisnotacostofinflationidentifiedbyeconomists? a. menucostsassociatedwithmorefrequentadjustmentofprices b. confusionandinconvenienceresultingfromachangingvalueoftheunitofaccount c. reducedpriceflexibility d. arbitraryredistributionso
6、S: BLOOM'S:ComprehensionCUSTOM ID: 003.36.4-MC-MANK084. Inflation a. causespeopletospendmoretimereducingmoneybalances.Wheninflationisunexpectedlyhighitredistributeswealthfromlenderstoborrowers. b. causespeopletospendmoretimereducingmoneybalances.Wheninflation
7、isunexpectedlyhighitredistributeswealthfromborrowerstolenders.CopyrightCengageLearning.PoweredbyCognero.Page 17 c. causespeopletospendlesstimereducingmoneybalances.Wheninflationisunexpectedlyhighitredistributeswealthfromlenderstoborrowers. d. causespeopletospen