第六章单元测试
- If there is initially an_______. ( )
- The aggregate demand for money can be expressed by ______. ( )
- A reduction in a country's money supply causes _____. ( )
- A sustained change in the monetary growth rate will ______. ( )
- The aggregate real money demand schedule L(R,Y) slopes downward because a fall in the interest rate reduces the desired real money holdings of each household and firm in the economy. ( )
Using a figure describing both the U.S. money market and the foreign exchange market, analyze the effects of an increase in the U.S. money supply on the dollar/euro exchange rate.
A:excess supply of money, the interest rate will fall, and if there is initially an excess demand, it will rise.
B:excess supply of money, the interest rate will fall, and if there is also an excess demand, it will fall rapidly.
C:excess supply of money, the interest rate will rise, and if there is also an excess demand, it will rise rapidly.
D:excess supply of money, the interest rate will rise, and if there is initially an excess demand, it will fall.
答案:excess supply of money, the interest rate will fall, and if there is initially an excess demand, it will rise.
A:Md = P × Y(R, L).
B:Md = R × L(P,Y).
C:Md = P × L(R,Y).
D:Md = L × P(R,Y).
A:its currency to appreciate in the foreign exchange market.
B:affects other countries currency in the foreign market.
C:does not affect its currency in the foreign market.
D:does affect its currency in the foreign market in an ambiguous manor.
A:eventually affect equilibrium real money balances by reducing the money interest rate.
B:eventually affect equilibrium real money balances by raising the money interest rate.
C:eventually affect equilibrium nominal money balances by raising the money interest rate.
D:eventually affect equilibrium real money balances by raising the real interest rate.
A:对 B:错
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