11宏观经济学(曼昆-第6版-配套习题Word格式文档下载.doc

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11宏观经济学(曼昆-第6版-配套习题Word格式文档下载.doc

c. aggregatedemandandaggregatesupply.

d. neitheraggregatedemandnoraggregatesupply.

ANSWER:

c. aggregatedemandandaggregatesupply.

TYPE:

MDIFFICULTY:

1SECTION:

23.1

2. Inthefallof2002,consumersindicatedthattheywerelessoptimisticaboutthefutureoftheeconomy.Thischangeinsentimentwouldlikely

a. shiftaggregatedemandleft

b. decreaseoutput

c. increaseunemployment

d. Alloftheabovearecorrect.

d. Alloftheabovearecorrect.

3. “Leaningagainstthewind”isexemplifiedbya(n)

a. taxcutwhenthereisanexpansion.

b. decreaseinthemoneysupplywhenthereisarecession.

c. increaseingovernmentexpenditureswhenthereisarecession.

c. increaseingovernmentexpenditureswhenthereisarecession.

4. Iffirmswerefacedwithgreateruncertaintybecauseofconcernthatoilpricesmightrise,theymightdecreaseexpendituresoncapital.Inresponsetothischange,someonewhoadvocated“leanagainstthewind”policiesmightadvocatedecreasing

a. themoneysupply.

b. taxes.

c. governmentexpenditures.

d. Noneoftheaboveiscorrect.

b. taxes.

2SECTION:

5. Thosewhodesirethatpolicymakersstabilizetheeconomywouldadvocatewhichofthefollowingwhenaggregatedemandisinsufficienttoensurefullemployment?

a. decreasethemoneysupply

b. decreasetaxes

c. decreasegovernmentexpenditures

b. decreasetaxes

6. Supposeaggregatedemandfell.Inordertostabilizetheeconomy,thegovernmentmight

a. increasethemoneysupply.

b. increasegovernmentexpenditures.

c. decreasetaxes.

7. Whichofthefollowingarebothpoliciesthatareconsistentwithtryingtostabilizeoutputwhenpricesandoutputrise?

a. decreasethemoneysupplyanddecreasetaxes

b. increasethemoneysupplyanddecreasetaxes

c. decreasethemoneysupplyanddecreasegovernmentexpenditures

d. increasethemoneysupplyanddecreasegovernmentexpenditures

c. decreasethemoneysupplyanddecreasegovernmentexpenditures

8. Ingeneral,thelongestlagfor

a. bothfiscalandmonetarypolicyisthetimeittakestochangepolicy.

b. bothfiscalandmonetarypolicyisthetimeittakesforpolicytoaffectaggregatedemand.

c. monetarypolicyisthetimeittakestochangepolicy,whileforfiscalpolicythelongestlagisthetimeittakesforpolicytoaffectaggregatedemand.

d. fiscalpolicyisthetimeittakestochangepolicy,whileformonetarypolicythelongestlagisthetimeittakesforpolicytoaffectaggregatedemand.

d. fiscalpolicyisthetimeittakestochangepolicy,whileformonetarypolicythelongestlagisthetimeittakesforpolicytoaffectaggregatedemand.

9. Theprincipalreasonthatmonetarypolicyhaslagsisthatittakesalongtimefor

a. changesintheinterestratetochangeaggregatedemand.

b. changesinthemoneysupplytochangeinterestrates.

c. theFedtomakechangesinpolicy.

a. changesintheinterestratetochangeaggregatedemand.

10. Opponentsofusingpolicytostabilizetheeconomygenerallybelievethat

a. neitherfiscalnormonetarypolicyhavemuchimpactonaggregatedemand.

b. attemptstostabilizetheeconomycanincreasethemagnitudeofeconomicfluctuations.

c. unemploymentandinflationarenotcauseformuchconcern.

b. attemptstostabilizetheeconomycanincreasethemagnitudeofeconomicfluctuations.

11. Theeffectsofadeclineinthevalueoffinancialassets,suchasstocks,onconsumptionandtheeconomymightbeoffsetby

a. increasingthegovernmentspending.

b. decreasingthemoneysupply.

c. increasingtaxes.

a. increasingthegovernmentspending.

12. Theeconomygoesintorecession.Whichofthefollowinglistscontainsthingspolicymakerscoulddototrytoendtherecession?

a. increasethemoneysupply,increasetaxes,increasegovernmentspending

b. increasethemoneysupply,increasetaxes,decreasegovernmentspending

c. increasethemoneysupply,decreasetaxes,increasegovernmentspending

d. dec

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