宏观经济学课件 chapter 02Word下载.docx

宏观经济学课件 chapter 02Word下载.docx

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D）profits.

E）capitalincome.

3）Forthisquestion,assumethat1980isthebaseyear.GivenmacroeconomicconditionsintheUnitedStatesoverthepastthreedecades,weknowthat

A）nominalGDPisalwayssmallerthanrealGDPsince1980.

B）realGDPandnominalGDPwouldbeequalfortheentireperiod.

C）realGDPislargerthannominalGDPfrom2002to2008.

D）realGDPandnominalGDPwereequalin1980.

D

2

4）SupposenominalGDPincreasedinagivenyear.Basedonthisinformation,weknowwithcertaintythat

A）realoutputhasincreased.

B）thepricelevel（GDPdeflator）hasincreased.

C）realoutputandthepricelevel（GDPdeflator）havebothincreased.

D）eitherrealoutputorthepricelevel（GDPdeflator）haveincreased.

E）realoutputhasincreasedandthepricelevelhasdecreased.

5）Usethefollowinginformationtoanswerthisquestion.IfnominalGDPrisesfrom$100trillionto$120trillion,whiletheGDPdeflatorrisesfrom2.0to2.2,thepercentagechangeinrealGDPisapproximatelyequalto

A）-10%.

B）10%.

C）20%.

D）9.1%.

E）0%.

6）Hedonicpricingis

A）thewaythatluxurygoodsarepricedinamarketeconomy.

B）thetendencyfortheinflationratetorisebygreaterandgreateramounts.

C）thetendencyfornominalGDPtorisewhenthepricelevelrises.

D）theprocessoftranslatingnominalGDPintorealGDP.

E）theprocessofpricingindividualcharacteristicsofagoodorservice.

E

7）Inagivenyear,supposeacompanyspends$100milliononintermediategoodsand$200milliononwages,withnootherexpenses.Alsoassumethatitstotalsalesare$800million.Thevalueaddedbythiscompanyequals

A）$200million.

B）$300million.

C）$500million.

D）$700million.

E）$800million.

8）Afirm'

svalueaddedequals

A）itsrevenueminusallofitscosts.

B）itsrevenueminusitswages.

C）itsrevenueminusitswagesandprofit.

D）itsrevenueminusitscostofintermediategoods.

9）Supposeyouareprovidedwiththefollowingdataforyourcountryforaparticularmonth:

200millionpeopleareworking,20millionarenotworkingbutarelookingforwork,and40millionarenotworkingandhavegivenuplookingforwork.Theofficialunemploymentrateforthatmonthis

A）7.7%.

B）9.1%.

C）10%.

D）23%.

E）30%.

10）IntheUnitedStates,someoneisclassifiedasunemployedifheorshe

A）doesnothaveajob.

B）doesnothaveajob,orelsehasajobbutislookingforadifferentonewhilecontinuingtowork.

C）doesnothaveajob,hasrecentlylookedforwork,andiscollectingunemploymentinsurance.

D）doesnothaveajob,andiscollectingunemploymentinsurance.

11）Anindividualissaidtobeadiscouragedworkerifheorshe

A）isworking,butprefersnottowork.

B）isworkingparttime,butwouldpreferafulltimejob.

C）isworkinginjobsshe/heisnotsuitedfor.

D）wantstowork,andisactivelysearchingforajob.

E）wantstowork,buthasgivenupsearchingforajob.

12）Whichofthefollowingtendstooccurwhentheunemploymentrateincreases?

A）areductioninthelaborforceparticipationrate

B）areductioninthenumberofdiscouragedworkers

C）anincreaseinthenumberofemployedworkers

A

13）Laborincome'

sshareinanadvancedcountryislikelytobe

A）70%.

B）45%.

C）29%.

D）10%.

14）ThelaborforceintheUnitedStatesisdefinedas

A）thetotalnumberofindividualswhoareemployed.

B）thesumofthetotalnumberofindividualswhoareemployedandtheofficiallyunemployed.

C）thesumofthetotalnumberofindividualswhoareemployed,theofficiallyunemployed,anddiscouragedworkers.

D）thetotalnumberofindividualswhoare16yearsoldandolder,butnotretired.

Usetheinformationprovidedbelowtoanswerthefollowingquestions.

SupposeacountryusingtheUnitedStates'

systemofcalculatingofficialunemploymentstatisticshas100millionpeople,ofwhom50millionareworkingage.Ofthese50million,20millionhavejobs.Oftheremainder:

10millionareactivelysearchingforjobs;

10millionwouldlikejobsbutarenotsearching;

and10milliondonotwantjobsatall.

15）Refertotheinformationabove.Thelaborforceis

A）20million.

B）40million.

C）60million.

D）80million.

E）100million.

C

16）Refertotheinformationabove.Thelaborforceparticipationrateis

A）.2.

B）.3.

C）.4.

D）.6.

E）.8.

17）Refertotheinformationabove.Theofficialunemploymentrateis

A）.1.

B）.2.

C）.33.

D）.4.

E）.66.

18）TheGDPdeflatorprovidesameasureofwhichofthefollowing?

A）theratioofGDPtothesizeofthepopulation

B）theratioofGDPtothenumberofworkersemployed

C）theratioofnominalGDPtorealGDP

D）thepriceofatypicalconsumer'

sbasketofgoods

E）realGDPdividedbytheaggregatepricelevel

19）WhichofthefollowingcalculationswillyieldthecorrectmeasureofrealGDP?

A）dividenominalGDPbytheconsumerpriceindex

B）dividetheGDPdeflatorbytheconsumerpriceindex

C）multiplynominalGDPbytheconsumerpriceindex

D）multiplynominalGDPbytheGDPdeflator

20）ThepricesforwhichofthefollowinggoodsareincludedinboththeGDPdeflatorandtheconsumerpriceindex?

A）goodsboughtbyhouseholds

B）goodsboughtbyfirms

C）goodboughtbygovernments

D）goodsboughtbyforeignhouseholds（i.e.,exports）

E）alloftheabove

21）Supposeweswitchthebaseyearfrom2000to2008.Thischangeinthebaseyearwillcause

A）nominalGDPineveryyeartoincrease.

B）nominalGDPineveryyeartodecrease.

C）bothnominalandrealGDPineveryyeartodecrease.

D）realGDPineveryyeartodecrease.

22）Pureinflationoccurswhen

A）nominalwagesrisefasterthanallprices.

B）allpricesrisefasterthannominalwages.

C）allpricesandnominalwagesrisebythesamepercentage.

D）theGDPdeflatorandConsumerPriceIndexrisebythesamepercentage.

23）Oneofthereasonsmacroeconomistshaveconcernsaboutinflationisthatinflationcauses

A）realGDPtorise.

B）nominalGDPtofall.

C）wagestoriseasfastasprices.

D）realGDPtoexceednominalGDP.

24）ChangesinGDPintheshortrunarecausedprimarilyby

A）demandfactors.

B）supplyfactors.

C）technology.

D）capitalaccumulation.

25）ChangesinGDPinthemediumrunaredeterminedprimarilyby

C）monetarypolicy.

26）ChangesinGDPinthelongrunaredeterminedprimarilyby

A）monetarypolicy.

B）fiscalpolicy.

C）demand.

27）WhichofthefollowingpriceswillbeusedwhencalculatingtherateofgrowthofrealGDPbetweentheyear'

s2005and2006usingthechainmethod?

A）pricesinthebaseyear（2002）

B）pricesin2005

C）pricesin2006

D）theaverageofpricesin2005and2006

E）pricesin2005,2006,andin2002（thebaseyear）

28）WhichofthefollowingfactorsisNOTbelievedtoaffectoutputinthelongrun?

A）technology

B）monetarypolicy

C）thesizeofthelaborforce

D）thecapitalstock

29）TheOkun'

slawshowstherelationshipbetween

A）inflationandunemploymentrate.

B）outputgrowthandunemployment.

C）inflationandoutputgrowth.

D）outputgrowthandmoneysupply.

30）ThePhillipscurvedescribestherelationshipbetween

A）outputgrowthandunemployment.

B）inflationandoutputgrowth.

C）outputgrowthandmoneysupply.

D）inflationandunemployment.

31）PricesforwhichofthefollowingareincludedintheGDPdeflator,butnotincludedintheConsumerPriceIndex?

A）firms'

purchasesofnewequipment

B）intermediategoodsandservices

C）consumptionofgoods

D）consumptionofservices

32）Macroeconomistsareconcernedaboutchangesintheunemploymentratebecausechangesintheunemploymentrateprovideinformationabout

A）thestateoftheeconomy.

B）thewelfareofthosewhoareunemployed.

C）noneoftheabove

D）bothAandB

33）BasedonthenotationpresentedinChapter2,whichofthefollowingexpressionsrepresentsnominalGDP?

A）Yt

B）PtYt

C）Yt/Pt

D）$Yt/Pt

34）Deflationgenerallyoccurswhenwhichofthefollowingoccurs?

A）theconsumerpriceindexisgreaterthantheGDPdeflator

B）theconsumerpriceindexdecreases

C）therateofinflationfalls,forexample,from4%to2%

D）nominalGDPdoesnotchange