21．The short-run effects of an unanticipated expansionary monetary policy are most likely to include:
Select exactly 1 answers from the following:
A. a decrease in the inflation rate.
B. a decrease in the real interest rate.
C. a decrease in real output and employment.
D. an increase in short-term money interest rates.
答案和详解如下！
Feedback: Correct answer: B
Economics: Private and Public Choice, 10th edition, James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David A. Macpherson (South-Western, 2003), pp. 336-337 2006 Modular Level I, Vol. II, pp. 99-100 Study Session 4-17-d compare and contrast the impact of anticipated and unanticipated monetary policy on the inflation rate, real output and employment, and interest rates
In the short run, an unanticipated expansionary monetary policy will result in a decrease in real interest rates.
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发表于 2006-11-22 10:58
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