Sec 34.1 MC How Monetary Policy Influences Aggregate Demand

Sec 34.1 MC How Monetary Policy Influences Aggregate Demand

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时间:2019-09-22

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1、1. Theinterest-rateeffect a. dependsontheideathatincreasesininterestratesincreasethequantityofmoneydemanded. b. dependsontheideathatincreasesininterestratesincreasethequantityofmoneysupplied. c. isthemostimportantreason,inthecaseoftheUnitedStates,forthedownwardslopeoftheaggregate-demandcurv

2、e. d. istheleastimportantreason,inthecaseoftheUnitedStates,forthedownwardslopeoftheaggregate-demandcurve.ANSWER:  cDIFFICULTY:  ModerateREFERENCES:  HowMonetaryPolicyInfluencesAggregateDemandLEARNING OBJECTIVES:  ECON.MANK.138-Explainwhytheaggregate-demandcurveslopesdownward.TOPICS:  Aggreg

3、atedemandMacroeconomicmodelsAD-ASModelKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  001.34.1-MC-MANK082. Theinterest-rateeffect a. dependsontheideathatdecreasesininterestratesincreasethequantityofgoodsandservicesdemanded. b. dependsontheideathatdecreasesininterestratesdecreasethequantityofgoo

4、dsandservicesdemanded. c. isresponsibleforthedownwardslopeofthemoney-demandcurve. d. istheleastimportantreason,inthecaseoftheUnitedStates,forthedownwardslopeoftheaggregate-demandcurve.ANSWER:  aDIFFICULTY:  ModerateREFERENCES:  HowMonetaryPolicyInfluencesAggregateDemandLEARNING OBJECTIVES: 

5、 ECON.MANK.138-Explainwhytheaggregate-demandcurveslopesdownward.TOPICS:  AggregatedemandMacroeconomicmodelsAD-ASModelKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  002.34.1-MC-MANK083. Thewealtheffectstemsfromtheideathatahigherpricelevel a. increasestherealvalueofhouseholds’moneyholdings. b. d

6、ecreasestherealvalueofhouseholds’moneyholdings. c. increasestherealvalueofthedomesticcurrencyinforeign-exchangemarkets. d. decreasestherealvalueofthedomesticcurrencyinforeign-exchangemarkets.ANSWER:  bDIFFICULTY:  ModerateREFERENCES:  HowMonetaryPolicyInfluencesAggregateDemandLEARNING OBJEC

7、TIVES:  ECON.MANK.124-Explaintherelationshipbetweenpricesandthevalueofmoney.TOPICS:  PricelevelsInflationKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  003.34.1-MC-MANK08CopyrightCengageLearning.PoweredbyCognero.Page 694. Theideathatadecreaseinthepricelevel

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