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IB Economics Unit 3.4: Macroeconomics - Monetary Policy & Fiscal Policy (id: d2a

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admin 发表于 2024-4-10 22:08:31 | 显示全部楼层 |阅读模式
本题目来源于试卷: IB Economics Unit 3.4: Macroeconomics - Monetary Policy & Fiscal Policy,类别为 IB经济学

[单选题]


Given the figure above, select from the choices below in which expansionary monetary policy action would result in a “no growth, only inflation'' scenario:

A. $AD_1$ ​ to $AD_2$
B. $AD_2$ ​ to $AD_3$
C. $AD_3$ ​ to $AD_4$
D. $AD_4$ ​ to $AD_5$


参考答案:  D


本题详细解析:
Choice D is the correc)+d tdagb3u jkt48 sqc1xg:b*i2* rrht answer because it shows that the equilibrium price level would increase without any increase in the equilibrium GDP level. This occurs when the economy has reached the full employment real GDP and there are no unused factors of production. Increasing AD causes inflation withous da2t4 8gdr+hj*q 1 3k*b:cr gx)btuit any growth to real GDP. Choice A is incorrect because it shows a scenario of growth without any inflation. Both choices B and C depict a scenario of growth with inflation where both the equilibrium APL and real GDP increase.

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