NO.PZ2016010802000100
问题如下:
As the price level declines along the aggregate demand curve, the interest rate is most likely to:
选项:
A.decline.
B.increase.
C.remain unchanged.
解释:
A is correct.
A decrease in the price level increases the real money supply and shifts the LM curve to the right. Since the IS curve is downward sloping, the IS and LM curves will intersect at a higher level of income and a lower interest rate.
考点:AD曲线
解析:当价格水平下降时,表明真实货币供给增加,LM曲线发生向右平移。与IS曲线交于更低的位置,这个位置对应的利率水平就更小,所以A选项正确。
我能理解,P下降会引起r下降的逻辑。
可一旦r下降,那AD curve不是也会向右shift吗?这样的话,Price就无法单纯地move along AD curve了,而是会产生新的AD curve?