当中央银行发现不能够利用货币政策来降低名义利率,那么一定是 A.经济正处于流动性陷阱。 B.中央
当中央银行不改变货币政策时,政府希望不改变产出水平,又能降低通货膨胀2%时的最佳财政政策是什么?损失函数的值是什么? c.如果中央银行愿意合作,最佳政策组合是什么?损失函数的值多大? In some countries,the central bank is independent from the government.Consider a situationin which the government wants to reduce inflation without changing output,but the central bank would not change monetary policy. a.Can the government achieve its objectives by using only fiscal policy?Why? b.Assume that the effect of instruments on targets in this economy are represented by the following model(in deviations from the baseline):
and the loss function is
What is the optimal fiscal policy that the government should pursue when its objectives are to reduce inflation by two points without changing the level of output,if the central bank does not change monetary policy?What is the value of the loss function? c.Assume nOW that the central bank decides to cooperate.What is the optimal policy mix?What is the value of the loss function?
下列不属于中央银行的货币政策对证券市场影响的是()。
A. 利率降低,可降低公司的利息负担,增加盈利,股票价格也将随之上升
B. 当形势看好、股票行情暴涨时,利率的调整对股价的控制作用很大
C. 中央银行大量购进有价证券,市场上货币供给量增加,会推动利率下调,资金成本降低
D. 如果中央银行降低再贴现率,通常都会导致证券市场行情上扬
A.扩大对“三农”领域信贷发放规模
B.为降低房地产库存,国家出台措施降低房地产交易税率
C.下调存贷款利率
D.实行人民币自由浮动汇率制
下列有关货币政策对证券市场的影响,表述不正确的是()。
A.一般说来,基准利率下降时,股票价格就上升;而基准利率上升时,股票价格就下降
B.当中央银行购进大量有价证券时,会推动利率下调和股票价格上涨
C.如果中央银行提高法定存款准备金率或提高再贴现率,证券市场价格将趋于上升
D.如果中央银行降低法定存款准备金率或降低再贴现率,通常都会导致证券市场行情上扬
A.金融风险会弱化金融中介职能和信用分配职能
B.金融风险容易造成财政政策的扭曲
C.金融风险容易造成货币政策的扭曲
D.使社会总投资和消费水平受到牵制