题目内容

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.

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.

Sales in the retail sector have been sluggish, and consumer confidence has recently declined, indicating fewer planned purchases. In response, the president sends an expansionary government spending p

A. Discretionary Recognition
B. Automatic Action
C. Discretionary Action

If a market is currently in equilibrium, which of the following is least likelyto cause an imbalance between supply and demand and a deadweight loss to the economy?

A. Subsidies to producers.
B. A legal price floor on the product.
C. A change in the equilibrium market price.

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