NO.PZ2022122601000011
问题如下:
Wakuluk decides to focus on Country Y to determine the path ofnominal interest rates, the potential economic response of Country Y’s economyto this path, and the timing for when Country Y’s economy may move into thenext business cycle. Wakuluk makes the following observations:
Observation 1Monetary policy has been persistently loose for Country Y, while fiscalpolicies have been persistently tight.
Based onObservation 1, fiscal and monetary policies in Country Y will most likely leadto:
选项:
A.
low nominal rates.
B.
high nominal rates.
C.
either high or low nominalrates.
解释:
Correct Answer: C
C is correct.Monetary policy has been persistently loose for Country Y, while fiscalpolicies have been persistently tight. With this combination of persistentlyloose and tight policies, the impact could lead to higher or lower nominalrates (typically labeled as mid-nominal rates)
中文解析:
C正确。Y国的货币政策一直是宽松的,而财政政策一直是紧缩的。在这种持续宽松和紧缩政策的结合下,其影响可能导致名义利率(通常被称为中等名义利率)的上升或下降。
为什么紧缩的财政政策会造成高通胀?