Why will deflation be persist despite expansionary monetary policy? A bond market vigilantes. B a liquidity trap. C inelastic demand for money. 查看解析 上一题 下一题 正确答案B 您的答案B本题平均正确率：73% Limitations of monetary policy难度：一般 推荐：      答案解析 Deflation is often associated with liquidity trap conditions. A liquidity trap is a situation in which demand for money becomes highly elastic. Expanding the money supply has little effect on economic activity under these conditions because individuals and firms choose to hold the additional money in cash. “Bond market vigilantes” is an expression referring to the fact that expansionary monetary policy may cause long-term interest rates to increase, instead of decreasing as intended, if bond market participants expect the expansionary policy to increase future inflation rates. 问：这道题B能选出来，请问A C选项是什么意思

06.单选题 已收藏 标记 纠错 A country that maintains a target exchange rate is most likely to have which outcome when its inflation rate rises above the level of the inflation rate in the target country? A An increase in short-term interest rates. B An increase in the domestic money supply. C An increase in its foreign currency reserves. 查看解析 上一题 下一题 正确答案A 您的答案A本题平均正确率：52% Tools of the central bank难度：一般 推荐：      答案解析 Interest rates are expected to rise to protect the exchange rate target. 问：C的逻辑可以讲一下吗？我恰恰觉得如果要维持本国汇率不变 应该增加外汇储备

老师，请问这道题为什么不用成对数检验呢？而是用的一个u的T-test呢？

05.单选题 已收藏 标记 纠错 A central bank that decides the desired levels of interest rates and inflation and the horizon over which the inflation objective is to be achieved is most accurately described as being: A target independent and operationally independent. B target independent but not operationally independent. C operationally independent but not target independent. 查看解析 上一题 下一题 正确答案A 您的答案A本题平均正确率：62% Tools of the central bank难度：一般 推荐：      答案解析 The central bank described is target independent because it set its own targets (e.g., the target inflation rate) and operationally independent because it decides how to achieve its targets (e.g., the time horizon). 问：此题可否用简单实例 讲一下基本逻辑，基础课里没有这部分的说明

04.单选题 已收藏 标记 纠错 Which of the following best describes a fundamental assumption when monetary policy is used to influence the economy? A Financial markets are efficient. B Money is not neutral in the short run. C Official rates do not affect exchange rates. 查看解析 上一题 下一题 正确答案B 您的答案B本题平均正确率：72% Tools of the central bank难度：一般 推荐：      答案解析 If money were neutral in the short run, monetary policy would not be effective in influencing the economy.. 问：货币中性原则在短期无效，在长期有效这个假设前提 可否再解释的细一点，为什么会这样，可否简单举例？

01.单选题 已收藏 标记 纠错 Which of the following is most likely to occur in the short run if the U.S. Federal Reserve decides to decrease the money supply? A An increase in the velocity of money similar to decrease in the money supply. B A decrease in the unemployment rate. C An increase in the real rate of interest. 查看解析 下一题 正确答案C 您的答案A本题平均正确率：75% Tools of the central bank难度：一般 推荐：      答案解析 问： 我的理解： 1.A.M V = Y P,Y*P相当于总GDP,总GDP不变，那么M和V应该是增减幅度相同，所以A是对的？ 2.C.为什么假设名义利率不变，题目中没有给出这个提前吧？

老师你好，这里不明白为什么净出口的增加会相应的带来净资本流出的增加呢？净出口的增加是出口的增加大于进口的增加，而出口是国外资本流入啊，进口是资本流出，那么净出口增加的效应是资本流入大于资本流出，所以应该是净流入啊？请指点迷津，谢谢

Which of the following statements about the FASB conceptual framework, as compared to the IASB conceptional framework, is most accurate? A The FASB framework allows for upward revaluations of tangible, long-lived assets. B The FASB framework and IASB framework are now fully converged. C The FASB framework lists revenue, expenses, gains, losses, and comprehensive income related to financial performance. 老师您好，这个题帮忙分析下

11.单选题 已收藏 标记 纠错 Which is the most accurate statement regarding the demand for money? A Precautionary money demand is directly related to GDP. B Transactions money demand is inversely related to returns on bonds. C Speculative demand is inversely related to the perceived risk of other assets. 查看解析 上一题 提交试卷 正确答案A 您的答案A本题平均正确率：50% Money creation process难度：一般 推荐：      答案解析 Precautionary money demand is directly related to GDP. Precautionary money balances are held to provide a buffer against unforeseen events that might require money. Precautionary balances tend to rise with the volume and value of transactions in the economy, and therefore rise with GDP. 问：这三种货币需求可否简单讲解一下，然后再串联题目的逻辑？

04.单选题 收藏 标记 纠错 Reduction in which of the following element will increase the efficiencies when comparing a barter economy with an economy that uses money as a medium of exchange? A The need to specialize. B Transaction costs. C Nominal interest rates. 查看解析 上一题 下一题 正确答案B 您的答案A本题平均正确率：64% Money creation process难度：一般 推荐：      答案解析 Money functions as a medium of exchange because it is accepted as payment for goods and services. Compare this to a barter economy, where if I have goat and want an ox, I have to find someone willing to trade. Finding someone takes time and time is costly. With money, I can sell the goat and buy the ox. Thus, transaction costs are reduced. Having money as a medium of exchange would not reduce the inflation rate, interest rates, or the need to specialize in the production of those goods in which we have a comparative advantage (low opportunity cost producer). 求中文讲解，视频没声音