原创力文档- 1、原创力文档（book118）网站文档一经付费（服务费），不意味着购买了该文档的版权，仅供个人/单位学习、研究之用，不得用于商业用途，未经授权，严禁复制、发行、汇编、翻译或者网络传播等，侵权必究。。
- 2、本站所有内容均由合作方或网友上传，本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺！文档内容仅供研究参考，付费前请自行鉴别。如您付费，意味着您自己接受本站规则且自行承担风险，本站不退款、不进行额外附加服务；查看《如何避免下载的几个坑》。如果您已付费下载过本站文档，您可以点击 这里二次下载。
- 3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等，请点击“版权申诉”（推荐），也可以打举报电话：400-050-0827(电话支持时间：9:00-18:30)。
- 4、该文档为VIP文档，如果想要下载，成为VIP会员后，下载免费。
- 5、成为VIP后，下载本文档将扣除1次下载权益。下载后，不支持退款、换文档。如有疑问请联系我们。
- 6、成为VIP后，您将拥有八大权益，权益包括：VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
- 7、VIP文档为合作方或网友上传，每下载1次， 网站将根据用户上传文档的质量评分、类型等，对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档
查看更多
moneyandbanktestbankchap24
The Economics of Money, Banking, and Financial Markets, 9e (Mishkin)
Chapter 24 Money and Inflation
24.1 Money and Inflation: Evidence
1) The condition of a continually rising price level is defined as
A) stagflation.
B) stagnation.
C) disinflation.
D) inflation.
Answer: D
Ques Status: Previous Edition
2) The economist who proposed that, Inflation is always and everywhere a monetary phenomenon was
A) John Maynard Keynes.
B) John R. Hicks.
C) Milton Friedman.
D) Franco Modigliani.
Answer: C
Ques Status: Previous Edition
3) Complete Milton Friedmans famous proposition: Inflation is always and everywhere a ________ phenomenon.
A) monetary
B) political
C) policy
D) budgetary
Answer: A
Ques Status: Previous Edition
4) At first cut, the simple solution to fighting inflation is
A) reducing the growth rate of the money supply.
B) limiting the number of terms that politicians can serve in elective office.
C) returning the economy to barter by prohibiting the use of fiat money.
D) to impose price controls on businesses that attempt to raise prices.
Answer: A
Ques Status: Previous Edition
5) How do we prevent the inflationary fire from igniting again and stop the roller coaster ride in the inflation rate of the last 40 years? Milton Friedmans famous proposition suggests the simple solution:
A) reduce the number of terms that politicians are allowed to serve.
B) reduce the growth rate of the money supply.
C) reduce the marginal tax rate on low-income wage earners.
D) increase the marginal tax rates on businesses that hike prices in excess of 5 percent per year.
Answer: B
Ques Status: Previous Edition
6) Milton Friedmans proposition concerning the cause of inflation implies a simple solution to the inflation problem:
A) reduce government budget deficits.
B) limit the ability of fiscal policymakers to bring pressure to bear on the monetary authority.
C) limit the number of terms that politicians are allowed to serve.
D) reduce the growth rate of the mone
文档评论（0）