馅宪蔬伞头节暮沙晤芭建剿诧
第一章 单元测试
1、 Macroeconomics does not try to answer the question of:
A:what causes recessions and depressions.
B:why do some countries have high rates of inflation.
C:what is the rate of return on education.
D:why do some countries experience rapid growth
答案: what is the rate of return on education.
2、 All of the following are types of macroeconomics data except the:
A:price of an IBM computer.
B:inflation rate.
C:unemployment rate.
D:growth rate of real GDP.
答案: price of an IBM computer.
3、 The total income of everyone in the economy adjusted for the level of base year prices is called:
A:an inflation.
B:a business fluctuation.
C:real GDP.
D:a recession.
答案: real GDP.
4、 Real GDP __ over time and the growth rate of real GDP ____.
A:is steady; fluctuates
B:grows; is steady
C:grows; fluctuates
D:is steady; is steady
答案: grows; fluctuates
5、 A period of falling prices is called:
A:deflation.
B:a recession.
C:a depression.
D:inflation.
答案: deflation.
第二章 单元测试
1、 The assumption of continuous market clearing means that:
A:at any given instant, buyers can buy all that they want and sellers can sell all that they want at the going price.
B:in any given month, buyers can buy all that they want and sellers can sell all that they want at the going price.
C:buyers can buy all that they want at the going price.
D:sellers can sell all that they want at the going price.
答案: at any given instant, buyers can buy all that they want and sellers can sell all that they want at the going price.
2、 All of the following statements about sticky prices are true except:
A:magazine publishers tend to change their newsstand prices only every three or four years.
B:the sticky-price model describes the equilibrium toward which the economy slowly gravitates.
C:in the short run, some wages and prices are sticky.
D:for studying year-to-year fluctuations, most macroeconomists believe that price stickiness is a better assumption than is price flexibility.
答案: the sticky-price model describes the equilibrium toward which the economy slowly gravitates.
3、 The assumption of flexible prices is a more plausible assumption when applied to price changes that occur:
A:in the long run.
B:from year to year.
C:in the short run.
D:from minute to minute.
答案: in the long run.
4、 GNP equals GDP __ income earned domestically by foreigners ____ income that nationals earn abroad.
A:plus; minus
B:plus; plus
C:minus; minus
D:minus; plus
答案: minus; plus
5、 The largest component of national income is:
A:net interest.
B:corporate profits.
C:compensation of employees.
D:proprietors’ income.
答案: compensation of employees.
6、 If nominal GDP grew by 5 percent and real GDP grew by 3 percent, then the GDP deflator grew by approximately ______ percent.
A:3
B:8
C:5
D:2
答案: 2
第三章 单元测试
1、 In the long run, the level of national income in an economy is determined by its:
A:government budget surplus or deficit.
B:rate of economic and accounting profit.
C:factors of production and production function.
D:real and nominal interest rate.
答案: factors of production and production function.
2、 At any particular point in time, the output of the economy:
A:is fixed because the supplies of capital and labor and the technology are fixed.
B:is fixed because the demand for goods and services is fixed.
C:varies because the supplies of capital and labor vary.
D:varies because the technology for turning capital and labor into goods and services varies.
答案: is fixed because the supplies of capital and labor and the technology are fixed.
3、 In a Cobb-douglas production function the marginal product of labor will increase if:
A:average labor productivity decreases.
B:the quantity of labor increases.
C:capital’s share of output increases.
D:the quantity of capital increases.
答案: the quantity of capital increases.
4、 According to the neoclassical theory of distribution, in an economy described by a Cobb-douglas production function, workers should experience high rates of real wage growth when:
A:average labor productivity is growing rapidly.
B:capital’s share of income is growing rapidly.
C:real interest rates are low.
D:real interest rates are high.
答案: average labor productivity is growing rapidly.
5、 In the classical model with fixed income, an increase in the real interest rate could be the result of a(n):
A:increase in taxes.
B:decrease in government spending.
C:increase in government spending.
D:decrease in desired investment.
答案: increase in government spending.
第四章 单元测试
1、 Money’s liquidity refers to the ease with which:
A:money can be converted into goods and services.
B:illegally obtained money can be laundered.
C:loans can be floated.
D:coins can be melted down.
答案: money can be converted into goods and services.
2、 In a fractional-reserve banking system, banks create money when they:
A:make loans.
B:accept deposits.
C:exchange currency for deposits.
D:hold reserves.
答案: make loans.
3、 If the currency-eposit ratio equals 0.5 and the reserve-eposit ratio equals 0.1, then the money multiplier equals
A:2.0.
B:0.6.
C:1.67.
D:2.5.
答案: 2.5.
4、 When the Fed makes an open-market sale, it:
A:increases the money multiplier (m).
B:increases the currency-deposit ratio (cr).
C:increases the monetary base (B).
D:decreases the monetary base (B).
答案: decreases the monetary base (B).
5、 When the Federal Reserve conducts an open-market purchase, it buys bonds from the:
A:International Monetary Fund.
B:public.
C:Internal Revenue Service.
D:U.S. Treasury.
答案: public.
第五章 单元测试
1、 If the demand for real money balances is proportional to real income, velocity will:
A:remain constant.
B:increase as income decreases.
C:increase as income increases.
D:vary directly with the interest rate.
答案: remain constant.
2、 The quantity equation for money, by itself:
A:implies that real gross domestic product (GDP) is proportional to the money supply.
B:implies that the velocity of money is constant.
C:implies that the price level is proportional to the money supply.
D:may be thought of as a definition for velocity of money.
答案: may be thought of as a definition for velocity of money.
3、 In the long run, according to the quantity theory of money and the classical macroeconomic theory, if velocity is constant, then __ determines real GDP and ____ determines nominal GDP.
A:the money supply; the productive capability of the economy
B:velocity; the money supply
C:the productive capability of the economy; the money supply
D:the money supply; velocity
答案: the productive capability of the economy; the money supply
4、 According to the classical dichotomy, when the money supply decreases, _____ will decrease.
A:consumption spending
B:the price level
C:investment spending
D:real GDP
答案: the price level
5、 The concept of monetary neutrality in the classical model means that an increase in the money supply will increase:
A:both saving and investment by the same amount.
B:real interest rates.
C:nominal interest rates.
D:real GDP.
答案: nominal interest rates.
第六章 单元测试
1、 Net capital outflow is equal to:
A:national saving minus the trade balance.
B:domestic investment minus national saving.
C:national saving minus domestic investment.
D:domestic investment plus the trade balance.
答案: national saving minus domestic investment.
2、 If domestic saving exceeds domestic investment, then net exports are __ and net capital outflows are ____.
A:positive; negative
B:negative; negative
C:positive; positive
D:negative; positive
答案: positive; positive
3、 In a small open economy, if exports equal $5 billion and imports equal $7 billion, then there is a trade __ and ____ net capital outflow.
A:deficit; negative
B:surplus; negative
C:deficit; positive
D:surplus; positive
答案: deficit; negative
4、 Starting from a trade balance, if the world interest rate falls, then, holding other factors constant, in a small open economy the amount of domestic investment will _ and net exports will ___.
A:increase, not change
B:increase; increase
C:decrease; increase
D:increase; decrease
答案: increase; decrease
5、
If purchasing-power parity holds, then changes in domestic saving will _____ the real exchange rate.
A:
not change
B:
either increase or decrease
C:
increase
D:
decrease
答案:
not change
第七章 单元测试
1、 A policy that decreases the job separation rate _____ the natural rate of unemployment.
A:could either increase or decrease
B:will increase
C:will decrease
D:will not change
答案: will decrease
2、 Any policy aimed at lowering the natural rate of unemployment must either __ the rate of job separation or ____ the rate of job finding.
A:reduce; reduce
B:reduce; increase
C:increase; increase
D:increase; reduce
答案: reduce; increase
3、 The unemployment resulting from wage rigidity and job rationing is called ______ unemployment.
A:frictional
B:minimum-wage
C:structural
D:insider
答案: structural
4、 The minimum wage:
A:raises the wages of highly skilled workers.
B:has its greatest impact on teenage unemployment.
C:encourages master workers to take on apprentices.
D:is usually about 75 percent of the average wage earned in manufacturing.
答案: has its greatest impact on teenage unemployment.
5、 Which of the following is the best example of structural unemployment?
A:Kirby is seeking a job as an airline pilot, but the high union wages in the industry have limited the number of jobs available.
B:Vickie lost her job as a graphic artist at a movie studio because she did not have training in computer-generated animation.
C:Tim is looking for a job with flexible hours but has not been offered one yet.
D:Fatima lost her job at a packing plant but has not looked very intensively for a new job because she still has 2 months of unemployment insurance benefits left.
答案: Kirby is seeking a job as an airline pilot, but the high union wages in the industry have limited the number of jobs available.
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