宏观经济学题库7Word文档下载推荐.docx

宏观经济学题库7Word文档下载推荐.docx

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D）Alloftheaboveanswersarecorrect.

Answer:

A

Topic:

InflationaryGap

Skill:

Analytical

Questionhistory:

Previousedition,Chapter10

AACSB:

AnalyticalSkills

69）Intheabovefigure,iftheeconomyisatpointA,whichofthefollowingistrue?

A）PointAisthelong-runequilibriumpoint.

B）Theeconomyisinarecession.

C）Moneywagescanbeexpectedtofall.

D）TheeconomymightbeatpointAasaresultofarecentcutinthetaxrate.

D

Short-RunMacroeconomicEquilibrium

Conceptual

70）Intheabovefigure,iftheeconomyisatpointA,whichofthefollowingistrue?

A）Thereisarecessionarygap.

B）Thereisaninflationarygap.

C）PointAisthelong-runequilibriumpoint.

D）Noneoftheaboveanswersarecorrect.

B

71）Theabovefiguredepictsaneconomy

A）withaninflationarygap.

B）witharecessionarygap.

C）producingatfullemployment.

D）Noneoftheaboveanswersiscorrect.

72）Intheabovefigure,theshort-runequilibriumwilleventuallyadjusttoalong-runequilibriumwitha

A）lowerpricelevelandsmallerrealGDP

B）higherpricelevelandlargerrealGDP.

C）higherpricelevelandsmallerrealGDP.

D）lowerpricelevelandlargerrealGDP.

C

Long-RunMacroeconomicEquilibrium

73）Theabovefigureillustrates

A）arecessionarygap.

B）afull-employmentequilibrium.

C）aninflationarygap.

D）anequilibriumattheeconomy'

sphysicallimits.

RecessionaryGap

74）Intheabovefigure,ifaggregatedemanddoesnotchangetheshort-runequilibriumwill

A）eventuallyadjusttoalong-runequilibriumwithahigherpricelevel.

B）willnotadjustonitsown.

C）eventuallyadjusttoalong-runequilibriumwithalowerpricelevel.

75）Supposetheeconomywasinitiallyinalong-runequilibrium.Thentheworldeconomyexpandssothatforeignincomesrise.U.S.aggregatedemand________andeventuallythemoneywagerate________.

A）increases;

rises

B）increases;

falls

C）decreases;

D）decreases;

FluctuationsinAggregateDemand

ReflectiveThinking

76）Iftheeconomyisinlongrunequilibriumandaggregatedemandincreases,thenintheshortrun

A）nothinghappensbecausetheeconomyisinlongrunequilibrium.

B）thepricelevelrisesandrealGDPdoesnotchange.

C）realGDPincreasesandthepriceleveldoesnotchange.

D）thepricelevelrisesandrealGDPincreases.

77）TheFederalReservelowersinterestrates.Asaresult,intheshortrun,realGDP________andthepricelevel________.

78）Thegovernmentincreasestaxes.Asaresult,intheshortrun,realGDP________andthepricelevel________.

B）decreases;

D）increases;

79）Intheshortrun,anincreaseingovernmentexpenditureongoodsandservices________realGDPand________thepricelevel.

80）Intheshort-run,adecreaseingovernmentexpenditure________realGDPand________thepricelevel.

increases

B）incr