排序
Under the monetary approach to the exchange
Under the monetary approach to the exchange rate theory, money supply growth at a constant rateA.eventually results in ongoing price level deflation at the same rate, but changes i...
cyxssbIf people expect relative PPP to hold,
A.the difference between the interest rates offered by dollar and euro deposits will equal the difference between the inflation rates expected, in the United States and Europe, ove...
cyxssbIn the short run,
A.the interest rate can rise when the domestic money supplyB.the interest rate can decrease when the domestic money supplyC.the interest rate stays constant when the domestic money...
cyxssbIf the economy starts in long-run equilibrium,
If the economy starts in long-run equilibrium, a permanent fiscal expansion will causeA.an increase in exchange rate,B.a decrease in exchange rate,C.an increase in output,D.a decre...
cyxssbIn the short run, with prices fixed,
In the short run, with prices fixed, how would an increase in government spending affect the DD-AA schedule?A.It will increase output and appreciate theB.It will increase output an...
cyxssbImagine that the economy is at a point on the DD-AA
Imagine that the economy is at a point on the DD-AA schedule that is above both AA and DD, where both the output and asset markets are out of equilibrium. Which first action is tru...
cyxssbIn the short run, a temporary increase in the money supply
A.shifts the AA curve to the right, increases output, and depreciates the currency.B.shifts the AA curve to the left, increases output, and depreciates theC.shifts the AA curve to ...
cyxssbIn the short run, a permanent
In the short run, a permanent increase in the domestic money supplyA.has stronger effects on the exchange rate and output than an equal temporary increase.B.has stronger effects on...
cyxssbThe DD schedule shows
A.interest rate and output pairs for which aggregate demand equals aggregate output.B.exchange rate and output pairs for which aggregate demand equals aggregate output.C.exchange r...
cyxssbExplain how an increase in government
Explain how an increase in government spending would affect the DD-AA schedule in the shortAnswer: An increase in government spending will increase aggregate demand, which will shi...
cyxssbDiscuss the main factors affecting the position
Discuss the main factors affecting the position of the DD schedule.Answer: The level of government demand, taxes, and investment; the domestic and foreign price levels; variations ...
cyxssba temporary fiscal expansion would increase output
Using a figure, show that under full employment, a temporary fiscal expansion would increase output (over-employment) but cannot increase output in the longAnswer: A temporarily fi...
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