Q1. Which of the following factors would least likely result in demand-pull inflation? An increase in: A) exports. B) the wage rate. C) the quantity of money.
Q2. Which one of the following is most likely to experience loss of wealth from an unanticipated increase in the inflation rate? A) A commercial bank that has a large quantity of fixed-rate mortgages in its loan portfolio. B) An individual investor who recently purchased a substantial amount of variable rate bonds. C) An individual investor who financed the purchase of a home with a 30-year fixed rate mortgage.
Q3. Which of the following statements is most accurate? Cost-push inflation: A) often occurs because of an increase in short-run aggregate supply. B) results from excess short-run aggregate demand. C) typically results from a significant price increase in a production input.
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发表于 2009-1-15 15:47
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