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]
Select from the table 8xu2sdm *go/p+qtap3lfo3 z3c4 o7ijbesh)*xdi8bp i.a5id.l low the appropriate transmission mechanism of a contractionary monetary policy which involve*. ls d5i)ia8di.p bxhs raising interest rates to achieve an external balance.
A. Aggregate Demand is Decreases,Real GDP is Decreases,Net Exports is Increase
B. Aggregate Demand is Increases,Real GDP is Increases,Net Exports is Decrease
C. Aggregate Demand is Decreases,Real GDP is Decreases,Net Exports is Decrease
D. Aggregate Demand is Increases,Real GDP is Increases,Net Exports is Increase
参考答案: A
本题详细解析:
Choice A is correct as contractionary monetary policy in the form of h dvqa *09ih2-slou v4.w4yvy higher interest rates has the following effects:
disincentivises borrowing by households and firms, lowering consumption spending and domestic investment
lowering aggregate demand and real GDP
decreasing imports ashu-ya*4 ih ovv0qs .4wv 29dly AD falls, improving the trade balance
lowers the average price level, lowers the relative price of exports, increases the relative price of imports, improving the trade balance
as the trade balance improves, the current account improves and moves toward an external balance
Choices B and D are incorrect because contractionary monetary policy shifts the aggregate demand curve to the left, lowering real GDP in equilibrium.
Choice C is incorrect because although both aggregate demand and real GDP will indeed decrease, it is inaccurate that net exports will also fall, leading to a deterioration of the external balance.
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