Câu 1
A)
B)
C)
D)
Đáp án
Câu 2
A)
B)
C)
D)
Đáp án
Câu 3
If the price level increased from 200 to 250, then what was the inflation rate?
50 percent
25 percent
20 percent
None of the above is correct.
When the money market is drawn with the value of money on the vertical axis, if
there is a shortage of money then
the value of money rises which will make people desire to hold more money.
the value of money rises which will make people desire to hold less money.
the value of money falls which will make people desire to hold more money.
the value of money falls which will make people desire to hold less money.
When the money market is drawn with the value of money on the vertical axis, an
increase in the money supply shifts the money supply curve to the
right, lowering the price level.
right, raising the price level.
left, raising the price level.
left, lowering the price level.
A)
B)
C)
D)
Đáp án
Câu 4 Which of the following is correct?
A) If the Fed purchases bonds in the open market, then the money supply curve shifts
right. A change in the price level does not shift the money supply curve.
B) If the Fed sells bonds in the open market, then the money supply curve shifts right. A
change in the price level does not shift the money supply curve.
C) If the Fed purchases bonds, then the money supply curve shifts right. An increase in
the price level shifts the money supply curve right.
D) If the Fed sells bonds, then the money supply curve shifts right. A decrease in the
price level shifts the money supply curve right.
Đáp án
When the money market is drawn with the value of money on the vertical axis, if the
Câu 5
Fed sells bonds then
A) the money supply and the price level increase.
B) the money supply and the price level decrease.
C) the money supply increases and the price level decreases.
D) the money supply increases and the price level increases.
Đáp án
When the money market is drawn with the value of money on the vertical axis, if
Câu 6
money supply and money demand both shift to the right
A) the price level must have risen
B) the price level must have fallen.
C) the price level rises if money supply shifts farther than money demand.
D) the price level falls if money supply shifts farther than money demand.
Đáp án
Câu 7 The price level rises if either
A) money demand shifts rightward or money supply shifts leftward; this rise in the price
level is associated with a rise in the value of money.
B) money demand shifts rightward or money supply shifts leftward; this rise in the price
level is associated with a fall in the value of money.
C) money demand shifts leftward or money supply shifts rightward; this rise in the price
level is associated with a rise in the value of money.
D) money demand shifts leftward or money supply shifts rightward; this rise in the price
level is associated with a fall in the value of money.
Đáp án
Câu 8
A)
B)
C)
D)
Đáp án
If the money supply is MS2 and the value of money is 2, then there is an excess
demand for money that is represented by the distance between points A and C.
demand for money that is represented by the distance between points A and B.
supply of money that is represented by the distance between points A and C.
supply of money that is represented by the distance between points A and B
Câu 9
A)
B)
C)
D)
If the money supply is MS2 and the value of money is 2, then
the quantity of money demanded is greater than the quantity supplied; the price level
will rise.
the quantity of money demanded is greater than the quantity supplied; the price level
will fall.
the quantity of money supplied is greater than the quantity demanded; the price level
will rise.
the quantity of money supplied is greater than the quantity demanded; the price level
will fall.
Đáp án
Câu 10 If M = 6,000, P = 3, and Y = 3,000, what is velocity?
A)
B)
C)
D)
Đáp án
Câu 11
A)
B)
C)
D)
Đáp án
Câu 12
A)
B)
C)
D)
Đáp án
Câu 13
A)
B)
C)
D)
Đáp án
Câu 14
A)
B)
C)
D)
Đáp án
Câu 15
A)
B)
C)
D)
Đáp án
Câu 16
A)
B)
C)
D)
Đáp án
Câu 17
6
1.5
0.67
0.167
If M = 12,000, P = 3, and Y = 32,000, then velocity =
1.125. Velocity will rise if money changes hands more frequently.
1.125. Velocity will rise if money changes hands less frequently.
8. Velocity will rise if money changes hands more frequently.
8. Velocity will rise if money changes hands less frequently.
C
If velocity = 5, the price level = 2, and the real value of output is 2,500, then the
quantity of money is
$250.
$25,000.
$1,000.
$6,250.
C
According to the assumptions of the quantity theory of money, if the money supply
increases by 5 percent, then
nominal and real GDP would rise by 5 percent.
nominal GDP would rise by 5 percent; real GDP would be unchanged.
nominal GDP would be unchanged; real GDP would rise by 5 percent.
neither nominal GDP nor real GDP would change.
B
If P = 4 and Y = 200, then which of the following pairs of values are possible?
M = 800, V = 16
M = 150, V = 3
M = 400, V = 2
M = 200, V = 2
c
If Y and V are constant and M doubles, the quantity equation implies that the price
level
more than doubles.
changes but less than doubles.
doubles.
does not change
C
Other things the same, an increase in velocity means that
transactions per dollar increase so the price level rises.
transactions per dollar increase so the price level falls.
transactions per dollar decrease so the price level rises.
transactions per dollar decrease so the price level falls.
A
Suppose that velocity rises while the money supply stays the same. It follows that
A)
B)
C)
D)
Đáp án
Câu 18
A)
B)
C)
D)
Đáp án
Câu 19
A)
B)
C)
D)
Đáp án
P x Y must rise.
P x Y must fall.
P x Y must be unchanged.
the effects on P x Y are uncertain
A
Suppose that M is fixed. According to the quantity equation, which of the following
would make the price level higher?
Y or V rise
Y or V fall
Y rises or V falls
Y falls or V rises
D
If when the money supply changes, real output and velocity do not change, then a 2
percent increase in the money supply
decreases the price level by 2 percent.
decreases the price level by less than 2 percent.
increases the price level by less than 2 percent.
increases the price level by 2 percent.
D
Câu 20
A)
B)
C)
D)
Đáp án
If the relevant money-supply curve is the one labeled MS1, then the equilibrium price
level is
0.5 and the equilibrium value of money is 2.
2 and the equilibrium value of money is 0.5.
0.5 and the equilibrium value of money cannot be determined from the graph.
2 and the equilibrium value of money cannot be determined from the graph.
B