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提问人:网友last_escape 发布时间:2022-01-07
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When the price level rises unexpectedly, some businesses may mistake part of the increase for an increase in the price of their product relative to others and so decrease their production

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更多“When the price level rises unexpectedly, some businesses may mistake part of the increase for an inc…”相关的问题
第1题
All explanations for the upward slope of the short-run aggregate supply curve suppose that the quantity of output supplied increases when the actual price level exceeds the expected price level
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第2题
For a profit-maximizing firm, the price level equals its marginal revenue (MR) when ______

For a profit-maximizing firm, the price level equals its marginal revenue (MR) when ______.

A.in an oligopolistic market.

B.in a monopolistic situation.

C.in a perfectly competitive market.

D.sales rise with the increase in price level.

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第3题
【单选题】When the price level falls, the ________ curve for nominal money ________, and interest rates ________, everything else held constant.

A.demand; decreases; fall

B.demand; increases; rise

C.supply; increases; rise

D.supply; decreases; fall

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第4题
The price of a 30-year pure discount bond drops more dramatically than that of a 30-year 8% coupon bond when the level of interest rate increases. This reflects the former has greater ()

A.default risk

B.interest risk

C.credit risk

D.liquidity risk

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第5题
Milton Friedman contends that it is entirely possible that when the money supply rises, interest rates may _________ if the _________ effect is more than offset by changes in income, the price level,

A.fall; liquidity

B.fall; risk

C.rise; liquidity

D.rise; risk

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第6题
For profit-mximizing firm, the price level equls its mrginl revenue () when ______.inn oligopolistic mrket. B.in monopolistic sitution. C.in perfectly competitive mrket. D.sles rise with the increse i

A.in an oligopolistic market.

B.in a monopolistic situation.

C.in a perfectly competitive market.

D.sales rise with the increase in price level.

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第7题
What is the underlying reason that maximum profit comes at the level of output where marginal cost equals price()。
What is the underlying reason that maximum profit comes at the level of output where marginal cost equals price()。

A、there is additional profit as long as the price is greater than the marginal cost of the last unit

B、there is additional profit when the marginal cost of a unit is higher than the price

C、there is no more profit when the price is greater than the marginal cost of the last unit

D、price is not important in determining profit

E、none of the above

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第8题
The loanable funds framework is easier to use when analyzing the effects of changes in ___
______, while the liquidity preference framework provides a simpler analysis of the effects from changes in income, the price level, and the supply of _________

A、expected inflation; bonds.

B、expected inflation; money.

C、government budget deficits; bonds.

D、the supply of money; bonds.

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第9题
Although not a unique store of value, people find money a convenient store of value because

A、it does not decline in value when prices rise.

B、its value remains fixed to the price level; that is, if prices double so does the value of money

C、it is the most liquid asset.

D、of all of the above

E、of none of the above

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第10题
When the price of foreign currency () is above the equilibrium level:

A.An excess supply of that currency exists in the foreign exchange market

B.An excess demand for that currency exists in the foreign exchange market

C.The supply of foreign exchange shifts outward to the right

D.The supply of foreign exchange shifts backward to the left

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