货币银行学题库国际商学经济学 26.docx

货币银行学题库国际商学经济学 26.docx

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货币银行学题库国际商学经济学26

1Chapter25

AggregateDemandandSupplyAnalysis

2 MultipleChoice

1）Theaggregatedemandcurveis

（a）thetotalquantityofaneconomy’sintermediategoodsdemandedatallpricelevels.

（b）thetotalquantityofaneconomy’sintermediategoodsdemandedataparticularpricelevel.

（c）thetotalquantityofaneconomy’sfinalgoodsandservicesdemandedataparticularpricelevel.

（d）thetotalquantityofaneconomy’sfinalgoodsandservicesdemandedatdifferentpricelevels.

（e）noneoftheabove.

Answer:

D

QuestionStatus:

New

2）Thetotalquantityofaneconomy’sfinalgoodsandservicesdemandedatdifferentpricelevelsis

（a）theaggregatesupplycurve.

（b）theaggregatedemandcurve.

（c）thePhillipscurve.

（d）theaggregateexpenditurefunction.

（e）both（b）and（d）oftheabove.

Answer:

B

QuestionStatus:

New

3）Theaggregatesupplycurveis

（a）thetotalquantityofrawmaterialsofferedforsaleatdifferentprices.

（b）thetotalquantityoffinalgoodsandservicesofferedforsaleatthecurrentpricelevel.

（c）thetotalquantityoffinalgoodsandservicesofferedforsaleatdifferentpricelevels.

（d）thetotalquantityofintermediateandfinalgoodsandserviceofferedforsaleatdifferentpricelevels.

（e）thetotalquantityoffinalservicesofferedforsaleatdifferentpricelevels.

Answer:

C

QuestionStatus:

New

4）Thetotalquantityoffinalgoodsandservicesofferedforsaleatdifferentpricelevelsis

（a）theaggregatesupplycurve.

（b）theaggregatedemandcurve.

（c）thePhillipscurve.

（d）the45line.

（e）both（a）and（d）oftheabove.

Answer:

A

QuestionStatus:

New

5）InFriedman’smodernquantitytheory,changesinthemoneysupplyare

（a）unrelatedtochangesinthepricelevel.

（b）unrelatedtochangesininflation.

（c）unrelatedtoshiftsintheaggregatedemandcurve.

（d）theprimarysourceofchangesinaggregatespending.

Answer:

D

QuestionStatus:

PreviousEdition

6）Friedman’smodernquantitytheoryofmoneyconcludesthatchangesinaggregatespendingareprimarilydeterminedbychangesin

（a）governmentspendingandtaxes.

（b）thevelocityofmoney.

（c）interestrates.

（d）themoneysupply.

Answer:

D

QuestionStatus:

PreviousEdition

7）Theaveragenumberoftimesperyearthatadollarisspentonfinalgoodsandservicesiscalled

（a）velocity.

（b）acceleration.

（c）theequationofexchange.

（d）noneoftheabove.

Answer:

A

QuestionStatus:

PreviousEdition

8）Themodernquantitytheoryofmoneyisderivedfrom

（a）theconceptofvelocity.

（b）theKeynesianmonetarytransmissionmechanism.

（c）theequationofexchange.

（d）alloftheabove.

Answer:

C

QuestionStatus:

PreviousEdition

9）Monetaristsdeterminetheaggregatedemandcurvefrom

（a）theequationofexchange.

（b）itsthreecomponentparts:

consumerexpenditure,investmentspending,andgovernmentspending.

（c）itsfourcomponentparts:

consumerexpenditure,investmentspending,governmentspending,andnetexports.

（d）thespendingmultiplier.

Answer:

A

QuestionStatus:

PreviousEdition

10）Theaggregatedemandcurveslopesdownwardbecauseadecreaseinthepricelevelmeans

a（n）_____intherealmoneysupplyandthereforea_____levelofrealspending.

（a）increase;higher

（b）increase;lower

（c）decrease;lower

（d）decrease;higher

Answer:

A

QuestionStatus:

PreviousEdition

11）Accordingtothemonetaristsanincreaseinthemoneysupply,otherthingsequal,shiftstheaggregate_____curvetothe_____.

（a）demand;right

（b）demand;left

（c）supply;left

（d）supply;right

Answer:

A

QuestionStatus:

PreviousEdition

12）Accordingtomonetarists,adeclineinthemoneysupply,holdingotherfactorsconstant,shiftstheaggregate_____curvetothe_____.

（a）demand;right

（b）demand;left

（c）supply;right

（d）supply;left

Answer:

B

QuestionStatus:

PreviousEdition

13）Keynesiansanalyzeaggregatedemandintermsofitsfourcomponentparts:

（a）consumerexpenditures,plannedinvestmentspending,governmentspending,andnetexports.

（b）consumerexpenditures,actualinvestmentspending,governmentspending,andnetexports.

（c）consumerexpenditures,plannedinvestmentspending,governmentspending,andgrossexports.

（d）consumerexpenditures,plannedinvestmentspending,governmentspending,andtaxes.

Answer:

A

QuestionStatus:

PreviousEdition

14）TheKeynesiananalysisofaggregatedemandindicatesthatadeclineinthepricelevelcauses

（a）adeclineintherealmoneysupply,anincreaseininterestrates,adeclineininvestmentspending,andadeclineinaggregateoutputdemanded.

（b）adeclineintherealmoneysupply,adeclineininterestrates,anincreaseininvestmentspending,andanincreaseinaggregateoutputdemanded.

（c）anincreaseintherealmoneysupply,adeclineininterestrates,anincreaseininvestmentspending,andanincreaseinaggregateoutputdemanded.

（d）anincreaseintherealmoneysupply,anincreaseininterestrates,adeclineininvestmentspending,andadeclineinaggregateoutputdemanded.

Answer:

C

QuestionStatus:

PreviousEdition

15）Theaggregatedemandcurveisdownwardslopingbecause

（a）alowerpricelevel,holdingthenominalquantityofmoneyconstant,leadstoalargerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.

（b）alowerpricelevel,holdingthenominalquantityofmoneyconstant,leadstoalargerquantityofmoneyinnominalterms,causestheinterestratetorise,andstimulatesplannedinvestmentspending.

（c）ahigherpricelevel,holdingthenominalquantityofmoneyconstant,leadstoalargerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.

（d）ahigherpricelevel,holdingthenominalquantityofmoneyconstant,leadstoasmallerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.

Answer:

A

QuestionStatus:

PreviousEdition

16）Theaggregatedemandcurveisdownwardslopingbecause

（a）alowerpricelevelleadstoalargerquantityofmoneyinrealterms,causingtheinterestratetorise,loweringthevalueofthedollar,andraisingnetexports.

（b）alowerpricelevelleadstoalargerquantityofmoneyinrealterms,causingtheinterestratetofall,loweringthevalueofthedollar,andraisingnetexports.

（c）ahigherpricelevelleadstoasmallerquantityofmoneyinrealterms,causingtheinterestratetorise,loweringthevalueofthedollar,andraisingnetexports.

（d）ahigherpricelevelleadstoasmallerquantityofmoneyinrealterms,causingtheinterestratetorise,raisingthevalueofthedollar,andraisingnetexports.

Answer:

B

QuestionStatus:

PreviousEdition

17）Theaggregatedemandcurveisdownwardslopingbecause

（a）alowerpricelevel,holdingthenominalquantityofmoneyconstant,leadstoalargerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.

（b）alowerpricelevelleadstoalargerquantityofmoneyinrealterms,causingtheinterestratetofall,loweringthevalueofthedollar,andraisingnetexports.

（c）ahigherpricelevel,holdingthenominalquantityofmoneyconstant,leadstoasmallerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.

（d）ofboth（a）and（b）oftheabove.

（e）ofboth（b）and（c）oftheabove.

Answer:

D

QuestionStatus:

PreviousEdition

18）Keynesianscontendthata______pricelevel______therealquantityofmoney,_____higherspending.

（a）lower;expands;encouraging

（b）lower;expands;discouraging

（c）lower;contracts;discouraging

（d）higher;expands;encouraging

（e）higher;expands;discouraging

Answer:

A

QuestionStatus:

StudyGuide

19）TheKeynesiananalysisofaggregatedemandindicatesthatchangesinthemoneysupply

（a）havenoeffectonaggregatedemand.

（b）shifttheaggregatedemandcurveintheoppositedirectionofthechangeingovernmentspending.

（c）shifttheaggregatedemandcurveinthesamedirectionasthechangeingovernmentspending.

（d）movetheeconomyalongtheaggregatedemandcurveratherthanshiftingit.

Answer:

C

QuestionStatus:

Revised

20）AccordingtotheKeynesians,anincreaseingovernmentspending,otherthingsequal,shiftstheaggregate_____curvetothe_____.

（a）demand;right

（b）demand;left

（c）supply;left

（d）supply;right

Answer:

A

QuestionStatus:

PreviousEdition

21）AccordingtotheKeynesians,adecreaseingovernmentspending,otherthingsequal,shiftstheaggregate_____curvetothe_____.

（a）demand;right

（b）demand;left

（c）supply;left

（d）supply;right

Answer:

B

QuestionStatus:

PreviousEdition

22）AccordingtotheKeynesians,anincreaseintaxes,otherthingsequal,shiftstheaggregate_____curvetothe_____.

（a）demand;right

（b）demand;left

（c）supply;left

（d）supply,right

Answer:

B

QuestionStatus:

PreviousEdition

23）TheKeynesiananalysisofaggregatedemandindicatesthatachangeintaxes

（a）shiftstheaggregatedemandcurveinthesamedirectionasthechangeingovernmentspending.

（b）shiftstheaggregatedemandcurveinthedirectionoppositetothatofthechangeingovernmentspending.

（c）movestheeconomyalongtheaggregatedemandcurveratherthanshiftingit.

（d）hasnoeffectonaggregatedemand.

Answer:

B

QuestionStatus:

Revised

24）AccordingtotheKeynesians,anincreaseinnetexports,otherthingsequal,shiftsthe

aggregate_____curvetothe_____.

（a）demand;right

（b）demand;left

（c）supply;left

（d）supply;right

Answer:

A

QuestionStatus:

PreviousEdition

25）AccordingtotheKeynesians,adecreaseinnetexports,otherthingsequal,