题目内容

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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In the presence of tight monetary policy and loose fiscal policy, the most likely effect on interest rates and the private sector share in GDP are:
Interest rates Share of private sectorIn the presence of tight monetary policy and loose fiscal policy, the most likely effect on interest rates and the private sector share in GDP are:
Interest rates Share of private sector

A. lower lower
B. higher higher
C. higher lower

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An economys potential output is best represented by:

A. long-run aggregate supply.
B. short-run aggregate supply.
C. long-run aggregate demand.

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The least appropriate approach to calculating a countrys gross domestic product （GDP） is summing for a given time period the:

A. Value of all purchases and sales that took place within the country.
B. Amount spent on final goods and services produced within the country.
C. Income generated in producing all final goods and services produced within the country.

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Gross domestic product does not include the value of:

A. Transfer payments.
B. Government services.
C. owner-occupied housing.

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Monetary policy is most likely to fail to achieve its objectives when the economy is:

A. Growing rapidly. B. Experiencing deflation. C. Experiencing disinflation.

An economys potential output is best represented by:

The least appropriate approach to calculating a countrys gross domestic product （GDP） is summing for a given time period the:

Gross domestic product does not include the value of:

A. Growing rapidly.
B. Experiencing deflation.
C. Experiencing disinflation.