Sec_All_True_False_Ch_30_

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1、True/False1. Theinflationrateismeasuredasthepercentagechangeinapriceindex. a. True b. FalseANSWER:  TrueDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.247-GivenCPIdata,calculatetheannualinflationrateforaspecifiedyear.TOPICS:  PricelevelsInflationKEYWORDS:  BLOOM'S:Kno

2、wledgeCUSTOM ID:  001.30-TF-MANK082. U.S.pricesroseatanaverageannualrateofabout3.6percentoverthelast80years. a. True b. FalseANSWER:  TrueDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.247-GivenCPIdata,calculatetheannualinflationrateforaspecifiedyear.TOPICS:  Pricelev

3、elsInflationKEYWORDS:  BLOOM'S:AnalysisCUSTOM ID:  002.30-TF-MANK083. TheUnitedStateshasneverhaddeflation. a. True b. FalseANSWER:  FalseDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.247-GivenCPIdata,calculatetheannualinflationrateforaspecifiedyear.TOPICS:  Priceleve

4、lsDeflationKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  003.30-TF-MANK084. InUnitedStateshistorytherewerelongperiodswhenmostpricesfell. a. True b. FalseANSWER:  TrueDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.247-GivenCPIdata,calculatetheannualinflationrateforaspecified

5、year.TOPICS:  PricelevelsDeflationCopyrightCengageLearning.PoweredbyCognero.Page 16KEYWORDS:  BLOOM'S:AnalysisCUSTOM ID:  004.30-TF-MANK085. Inthe1990s,U.S.pricesroseataboutthesamerateasinthe1970s. a. True b. FalseANSWER:  FalseDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECO

6、N.MANK.247-GivenCPIdata,calculatetheannualinflationrateforaspecifiedyear.TOPICS:  PricelevelsInflationKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  005.30-TF-MANK086. Thequantitytheoryofmoneycanexplainhyperinflationsbutnotmoderateinflation. a. True b. FalseANSWER:  FalseDIFFI

7、CULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.065-Determinetheeffectofachangeinthemoneysupplyoninflationbyapplyingthequantityequation.TOPICS:  InflationQuantitytheoryofmoneyHyperinflationKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  006.30-TF-MANK087. Asthepricelevelfalls,t

8、hevalueofmoneyfalls. a. True b. FalseANSWER:  FalseDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.124-Explai