单选题 Which of the following explanations for an upward-sloping aggregate supply curve would imply an upward-sloping short-run Phillips curve?

A、 None of the above is correct.
B、 misperceptions of relative prices
C、 sticky wages and prices
D、 Both a and b are correct.
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单选题 Expansionary policy

A、increases unemployment and inflation in the short run, but only increases inflation in the long run.
B、reduces unemployment in the short run, but increases inflation in the short run and long run.
C、increases unemployment and reduces inflation in the short run, but increases unemployment in the long run.
D、reduces unemployment and inflation in the short run, but increases unemployment in the long run.

单选题 Friedman and Phelps argued that an inverse relation between inflation and unemployment could exist

A、only in the short run.
B、only in the long run.
C、in both the long run and the short run.
D、in neither the short run nor the long run.

单选题 If the government decided that it wanted lower inflation it would

A、increase aggregate demand which would decrease unemployment.
B、decrease aggregate demand which would decrease unemployment.
C、decrease aggregate demand which would increase unemployment.
D、increase aggregate demand which would increase unemployment.

单选题 Which of the following is incorrect?

A、A credible inflation reduction program can lead to a low sacrifice ratio.
B、Inflation reduction programs are likely to lower employment, but unlikely to have much impact on the capital stock.
C、Rewriting the tax laws could reduce some of the current costs of inflation.
D、Living standards depend on productivity and not the price level.

单选题 A policy to reduce inflation is likely to increase unemployment in

A、neither the short nor long run.
B、the long run but not the short run.
C、the short run but not the long run.
D、the short run and the long run.

单选题 关于美联储,说法正确的是:

A、几乎没有自由裁量权,同时无需遵守特定政策规则.
B、在制定货币政策时拥有很大的自由裁量权.
C、必须遵循货币规则,政策优先关注通货膨胀.
D、必须遵循货币规则,政策优先降低失业.

单选题 The Federal Reserve

A、has little discretion, but not does not have to follow any specific rule.
B、has considerable discretion in determining monetary policy.
C、must follow a monetary policy rule that requires it to be primarily concerned with inflation.
D、must follow a monetary policy rule that requires it to be primarily concerned with unemployment.

单选题 The Phillips curve shows the relationship between the

A、price level and real GDP.
B、inflation rate and unemployment.
C、inflation rate and the price level.
D、price level and unemployment.