题目内容

Under rational expectations, a shift to a more expansionary economic policy would:

A. fail to reduce the unemployment rate in either the short or long term.
B. reduce the short run unemployment rate, but not the long term rate.
C. reduce the long and short term unemployment rate.
D. reduce the long run unemployment rate, but not the short term rate.

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Changes in the budget deficit due to government actions are called:

A. mandatory fiscal policy.
B. Keynesian policy.
C. monetary policy.
D. discretionary fiscal policy.

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Which of the following statements about the basic functions of money is TRUE？

A. When money is defined as a medium of exchange, it means that money enables value to be stored and transported.
B. Money’s value is directly related to the level of prices.
C. Paper money allows consumers to defer consumption, encourages division of labor, and is the best store of value.
D. Money’s function as a unit of account allows individuals to account for debts.

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You are expecting an additional payment of $2,000 of income this year. You intend to save $500 of the $2000. According to the multiplier effect, total spending will increase by a total amount of:

A. $1,500.
B. $4,000.
C. $6,000.
D. $2,500.

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All of the following are properties of the student 抯 t-distribution EXCEPT it:

A. is symmetrical.
B. has "fatter tails" than a normal distribution.
C. is defined by a single parameter, the degrees of freedom (df).
D. is a normal distribution.

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Under rational expectations, a shift to a more expansionary economic policy would:

A. fail to reduce the unemployment rate in either the short or long term. B. reduce the short run unemployment rate, but not the long term rate. C. reduce the long and short term unemployment rate. D. reduce the long run unemployment rate, but not the short term rate.

Changes in the budget deficit due to government actions are called:

Which of the following statements about the basic functions of money is TRUE？

You are expecting an additional payment of $2,000 of income this year. You intend to save $500 of the $2000. According to the multiplier effect, total spending will increase by a total amount of:

All of the following are properties of the student 抯 t-distribution EXCEPT it:

A. fail to reduce the unemployment rate in either the short or long term.
B. reduce the short run unemployment rate, but not the long term rate.
C. reduce the long and short term unemployment rate.
D. reduce the long run unemployment rate, but not the short term rate.