A central bank conducts monetary policy primarily by altering the:
A. Policy rate.
B. Inflation rate.
C. long-term interest rate.
查看答案
A stronger domestic currency relative to foreign currencies is most likely to result in a:
A. Shift in the aggregate supply curve toward lower supply.
B. Shift in the aggregate demand curve toward lower demand.
C. Movement along the aggregate demand curve towards higher prices.
The consumer price index for services is classified as a:
A. Lagging indicator.
B. Leading indicator.
Coincident indicator.
The GDP deflator is calculated as 100 times the ratio of:
A. Nominal GDP to real GDP.
Base year prices to current year prices.
Current year nominal GDP to base year nominal GDP.
Monetary policy is most likely to fail to achieve its objectives when the economy is:
A. Growing rapidly.
B. Experiencing deflation.
C. Experiencing disinflation.
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