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Olivia.W🌸 · 2024年06月20日

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NO.PZ2023071902000107

问题如下:

QuestionWhat can potentially hinder the success of monetary policy actions?

选项:

A.

The existence of automatic stabilizers in the economy

B.

Ineffective interest rate adjustments in a deflationary environment

C.

Unequal distribution of income and wealth among different classes of the population

解释:

Solution

  1. False. Economic elements that automatically counteract output variations aren't directly linked to the challenges of monetary policy. They are typically associated with fiscal policy and are called automatic stabilizers.
  2. True. In certain conditions, especially during deflationary periods, adjusting interest rates might not yield the intended economic outcomes, making monetary policy less effective.
  3. False. The unequal spread of income and wealth among diverse economic demographics isn't a direct constraint of monetary policy. Instead, such disparities are often addressed using tools of fiscal policy.

Monetary Policy

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1 个答案

笛子_品职助教 · 2024年06月21日

嗨,爱思考的PZer你好:


Hello,亲爱的同学~

这道题说哪个会使货币政策失效。

因此考查知识点是货币政策局限性。

货币政策局限性如下:


1)短期政策下降,不一定引起长期利率下降

2)流动性陷阱的时候,利息再低,居民也不消费,企业也不投资,从而无法刺激经济。


结合本题,对应B选项:通缩环境下利率调整对(刺激)经济无效。

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