According to liquidity preference theory, if the price level decreases, then
A. the interest rate falls because money demand shifts right.
B. the interest rate falls because money demand shifts left.
C. the interest rate rises because money supply shifts right.
D. the interest rate rises because money supply shifts left.
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Other things the same, as the price level rises
A. the interest rate rises causing aggregate demand to shift.
B. the interest rate rises causing a movement along a given aggregate demand curve.
C. the interest rate falls causing aggregate demand to shift.
D. the interest rate falls causing a movement along a given aggregate demand curve.
Open-market purchases
A. increase investment and real GDP.
B. decrease investment and increase real GDP.
C. increase investment and decrease real GDP.
D. decrease investment and real GDP.
If the interest rate is below the Fed's target, the Fed would
A. buy bonds to increase the money supply.
B. buy bonds to decrease the money supply.
C. sell bonds to increase the money supply.
D. sell bonds to decrease the money supply.
Match the sentences with their explanations.1. As a matter of fact, Miller realized that without the Internet he had started becoming even more disconnected from life. 事实上,米勒发觉离开了因特网他变得更加“与生活脱节”了。2. … I’ve been getting online round-the-clock, living in a world in which the difference between virtual and real sometimes becomes unclear.……我时时刻刻处于在线状态,生活在一个数码和现实之间边界时常有点模糊不清的世界里。这里用了比喻手法,把“我”比作一个可以插上插头、接通电源的电器。3. Nevertheless, I’d forgotten a very important lesson all these years, a lesson which suggests I should spend only a reasonable amount of time online.然而,我一路过来却忘记了一条重要的训诫:适度。4. I was thinking about how immersing myself in (沉浸于) tech has offered me some of the most rewarding moments of my life.事实上,我发觉正是我的与科技息息相关的生活让我体验到我生命中一些颇有价值的时刻。5. So instead of viewing funny cat pictures, spend your time reading some great long articles that show up on your screen.因此,别去一味浏览那些有趣的猫的图片了,而是要潜心阅读屏幕上那些好的“长篇文章”。