题目内容

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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In the early part of an economic expansion, inventory-sales ratios are most likely to:

A. Increase because sales are unexpectedly low.
B. Increase because businesses plan for expansion.
C. Decrease because of unexpected increases in sales.

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The contraction phase of the business cycle is least likely accompanied by decreasing:

A. unemployment.
B. Inflation pressure.
C. Economic output.

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An increase in the policy rate will most likely lead to an increase in:

A. Business investment in fixed assets.
B. Consumer spending on durable goods.
C. The foreign exchange value of the domestic currency.

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A country that targets a stable exchange rate with another countrys currency least likely:

Accepts the inflation rate of the other country.
B. Will sell its currency if its foreign exchange value rises.
C. Must also match the money supply growth rate of the other country.

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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.

In the early part of an economic expansion, inventory-sales ratios are most likely to:

The contraction phase of the business cycle is least likely accompanied by decreasing:

An increase in the policy rate will most likely lead to an increase in:

A country that targets a stable exchange rate with another countrys currency least likely:

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