Trắc nghiệm Định Nghĩa và Hiện Tượng Lạm Phát | Kinh tế vĩ mô | Trường Đại học kinh tế Thành Phố Hồ Chí Minh

Câu Hỏi 1
When prices are falling, economists say that there is disinflation. deflation. an inverted inflation. a contraction. Câu Hỏi 2 The velocity of money is
the rate at which the SBV puts money into the economy.
the money supply divided by nominal GDP.
the average number of times per year a dollar is spent.
the same thing as the long-term growth rate of the money supply. Câu Hỏi 3
Which of the following is correct?
Inflation encourages savings through the tax treatment on capital gains.
Inflation reduces people’s real purchasing power.
Inflation encourages larger holdings of currency by the public.
Inflation impedes financial markets in their role of allocating savings to alternative investments. Câu Hỏi 4
Last(year,(Lan(spent(all(of(her(income(to(purchase(200(breads(at(20,000 VND(per(bread.
This(year,(she(spent(all(of(her(income(to(purchase(180(breads(at(25,000 VND(per(bread.
Lan’s(nominal(income(decreased(this(year,(but(her(real(income(increased.
Lan’s nominal income increased this year, but her real income decreased.
Lan’s(nominal(income(and(real(income(decreased(this(year.
Lan’s(nominal(income(and(real(income(increased(this(year. Câu Hỏi 5
When the price level rises, the number of dollars needed to buy a representative basket of goods(and services
decreases, and so the value of money rises.
decreases, and so the value of money falls.
increases, and so the value of money rises.
increases, and so the value of money falls. Câu Hỏi 6
If(P denotes(the(price(of(goods(and(services(measured(in(terms(of(money,(then
1/P represents(the(value(of(money(measured(in(terms(of(goods(and(services.
P can(be(regarded(as(the(“overall(price(level.”
an(increase(in(the(value(of(money(is(associated(with(a(decrease(in(P. All of the above are correct. Câu Hỏi 7 The inflation tax
is an alternative to income taxes and government borrowing.
taxes most those who hold the most money.
is the revenue created when the government prints money. All of the above are correct. Câu Hỏi 8
According to the classical view (the quantity theory of money), to keep the price
level change at 3 percent per year when real output is growing by 5 percent per year, the money supply must
increase by more than 5 percent per year.
decrease by 5 percent per year.
increase by 8 percent per year. remain constant. Câu Hỏi 9
During(the(Covid-19 pandemic,(velocity(was
decreasing.(This(means(that(the(rate(at(which(money(is changing(hands
increasing.(Other(things(the(same,(an(increase(in(velocity(increases(the(price(level.
decreasing. Other things the same, a decrease in velocity decreases the price leve l.
decreasing.(Other(things(the(same,(a(decrease(in(velocity(increases(the(price(level.
increasing.(Other(things(the(same,(an(increase(in(velocity(decreases(the(price(level. Câu Hỏi 10
Wealth is redistributed from debtors to creditors when inflation was expected to be
low and it turns out to be high.
high and it turns out to be low.
high and it turns out to be high.
low and it turns out to be low. Câu Hỏi 11 The value of the( (
đồng falls. This might be because the State Bank of Vietnam
sold government bonds, which decreased the money supply.
bought government bonds, which increased the money supply.
sold government bonds, which increased the money supply.
bought government bonds, which decreased the money supply. Câu Hỏi 12
You put money in the bank. The increase in the dollar value of your savings
and the change in the number of goods you can buy with your savings are both nominal variables.
and the change in the number of goods you can buy with your savings are both real variables.
is a real variable, but the change in the number of goods you buy with your savings is a nominal variable.
is a nominal variable, but the change in the number of goods you can buy with
your savings is a real variable. Câu Hỏi 13
Jake loaned Bob $5,000 for one year at a nominal interest rate of 10 percent. After
Bob repaid the loan in full, Jake complained that he could buy 4 percent fewer goods
with the money Bob gave him than he could before he loaned Bob the $5,000. From
this we can conclude that the rate of inflation during the year was 8 percent. 6 percent. 2.5 percent. 14 percent. Câu Hỏi 14
If a bank posts a nominal interest rate of 11 percent, and inflation is expected to be 4 percent, then
the expected real interest rate is 7 percent.
the expected real interest rate is 4 percent.
the expected real interest rate is 11 percent.
the expected real interest rate is 15 percent. Câu Hỏi 15
Your(mother(complains(that(her(6%(raise(this(year(will(not(keep(up(with(the(increas
e(in(prices.(In(other(words,(she(is(unable(to(buy(the(same(basket(of(goods and
services with(her(6%(raise.(Therefore,(she(believes(that(her
nominal income increased, but her real income decreased.
nominal(income(and(real(income(increased.
nominal(income(decreased,(but(her(real(income(increased.
nominal(income(and(real(income(decreased. Câu Hỏi 16
According to the assumptions of the quantity theory of money, if the money supply increases 5 percent, then
both the price level and real GDP would rise by 5 percent.
the price level would be unchanged and real GDP would rise by 5 percent.
both the price level and real GDP would be unchanged.
the price level would rise by 5 percent and real GDP would be unchanged. Câu Hỏi 17 Money demand refers to
how much currency the Central Bank decides to print.
how much wealth people want to hold in liquid form.
how much income people want to earn per year.
the total quantity of financial assets that people want to hold. Câu Hỏi 18
The(supply(of(money(increases(when the(price(level(falls. money(demand(increases.
the State Bank of Vietnam makes open-market purchases. the(interest(rate(increases. Câu Hỏi 19
If the money supply increases, what happens in the money market? (Assuming
money demand is downward sloping) The real interest rates falls The real interest rates rises
The real interest rate does not change
Transaction demand for money falls Câu Hỏi 20
The price level falls. (This might be because the Federal Reserve
sold bonds which raised the money supply.
bought bonds which reduced the money supply.
bought bonds which raised the money supply.
sold bonds which reduced the money supply. Câu Hỏi 21
If nominal GDP is $400, real GDP is $200, and the money supply is $100, then
the price level is ½, and velocity is 4.
the price level is 2, and velocity is 2.
the price level is 2, and velocity is 4.
the price level is ½, and velocity is 2. Câu Hỏi 22
The shoeleather cost of inflation refers to
the time spent searching for low prices when inflation rises.
the increased cost to the government of printing more money.
the waste of resources used to maintain lower money holdings.
the redistributional effects of unexpected inflation. Câu Hỏi 23
Suppose the price level rises, but the number of dollars you are paid per hour stays the same. This means that your real wage is higher. real wage is lower. nominal wage is lower. nominal wage is higher. Câu Hỏi 24 Money(demand(depends(on
the(price(level(but(not(the(interest(rate.
the price level and the interest rate.
the(interest(rate(but(not(the(price(level.
neither(the(price(level(nor(the(interest(rate. Câu Hỏi 25 Menu costs refers to
the cost of more frequent price changes induced by higher inflation.
resources used to price shop during times of high inflation.
resources used by people to maintain lower money holdings when inflation is high.
the distortion in incentives created by inflation when taxes do not adjust for inflation.