题目内容

The Fisher effect states that the nominal interest rate is equal to the real rate plus:

Actual inflation.
B. Average inflation.
C. Expected inflation.

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If the money supply is increasing and velocity is decreasing:

A. Prices will decrease.
B. Real GDP will increase.
C. The impact on prices and real GDP is uncertain.

The unemployment rate is defined as the number of unemployed as a percentage of the:

A. Labor force.
B. Number of employed.
C. working-age population.

Which of the following effects is most likely to occur in a country that increases its openness to international trade?

A. Increased prices of consumer goods.
B. Greater specialization in domestic output.
C. Decreased employment in exporting industries.

Which of the following is least likely to reduce substitution bias in a consumer price index?

A. Use a chained index.
B. Use a Paasche index.
C. Adjust for the bias directly using hedonic pricing.

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