题目内容

Core inflation is best described as an inflation rate:

A. For producers raw materials.
B. The central bank views as acceptable.
C. That excludes certain volatile goods prices.

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

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

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.

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