曼昆《经济学原理》宏观第五版测试题库 25.docx

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曼昆《经济学原理》宏观第五版测试题库 25.docx

曼昆《经济学原理》宏观第五版测试题库25

Chapter25

ProductionandGrowth

TRUE/FALSE

1.Ifpercapitarealincomegrowsby2percentperyear,thenitwilldoubleinapproximately20years.

ANS:

FDIF:

1REF:

25-0

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Economicgrowth

MSC:

Definitional

2.Overtheperiod1870-2006,theUnitedStatesexperiencedanaverageannualgrowthrateofrealGDPperpersonofabout4percentperyear.

ANS:

FDIF:

1REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Economicgrowth

MSC:

Definitional

3.In2006,incomeperpersonintheUnitedStateswasabout12timesthatinIndia.

ANS:

TDIF:

1REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Economicgrowth

MSC:

Definitional

4.Overtheperiod1900-2006,Brazil’srateofeconomicgrowthexceededthatofChina.

ANS:

TDIF:

2REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Economicgrowth

MSC:

Definitional

5.Ifacountryhasahigherlevelofproductivitythananother,thenitalsohasahigherlevelofrealGDP.

ANS:

FDIF:

2REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Productivity

MSC:

Analytical

6.InternationaldataonrealGDPperpersongiveusasenseofhowstandardsoflivingvaryacrosscountries.

ANS:

TDIF:

1REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

RealGDP

MSC:

Definitional

7.RealGDPperpersoninrichcountries,suchasGermany,issometimesmorethan10timesthatofpoorcountrieslikePakistan.

ANS:

TDIF:

1REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Standardofliving

MSC:

Definitional

8.BoththestandardoflivingandthegrowthofrealGDPperpersonvarywidelyacrosscountries.

ANS:

TDIF:

1REF:

25-1

NAT:

AnalyticLOC:

Productivityandgrowth

TOP:

Standardofliving|RealGDPMSC:

Definitional

9.Iftheycouldincreasetheirgrowthratesslightly,countrieswithlowincomewouldcatchupwithrichcountriesinabouttenyears.

ANS:

FDIF:

1REF:

25-1

NAT:

AnalyticLOC:

Productivityandgrowth

TOP:

Economicgrowth|Catch-upeffectMSC:

Interpretive

10.IntheUnitedStatesrealGDPperpersonisabout$44,000,whileinsomepoorcountriesrealGDPperpersonislessthan$3,000.

ANS:

TDIF:

1REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Economicgrowth

MSC:

Definitional

11.Althoughgrowthratesacrosscountriesvarysome,rankingsofcountriesbyincomeremainprettymuchthesameovertime.

ANS:

FDIF:

1REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Economicgrowth

MSC:

Definitional

12.InternationaldataonthehistoryofrealGDPgrowthratesshowsthatoverthelast100yearsorso,richcountriesgotricherandpoorcountriesgotpoorer.

ANS:

FDIF:

1REF:

25-1

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Economicgrowth

MSC:

Definitional

13.Productivitycanbecomputedasnumberofhoursworkeddividedbyoutput.

ANS:

FDIF:

1REF:

25-2

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Productivity

MSC:

Definitional

14.Indonesians,forexample,havealowerstandardoflivingthanAmericansbecausetheyhavealowerlevelofproductivity.

ANS:

TDIF:

1REF:

25-2

NAT:

AnalyticLOC:

Productivityandgrowth

TOP:

Productivity|StandardoflivingMSC:

Interpretive

15.IfCountryAproduces6,000unitsofgoodsandservicesusing600hoursoflabor,andifCountryBproduces5,000unitsofgoodsandservicesusing450unitsoflabor,thenproductivityishigherinCountryBthaninCountryA.

ANS:

TDIF:

2REF:

25-2

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Productivity

MSC:

Applicative

16.Likephysicalcapital,humancapitalisaproducedfactorofproduction.

ANS:

TDIF:

2REF:

25-2

NAT:

AnalyticLOC:

Productivityandgrowth

TOP:

Physicalcapital|HumancapitalMSC:

Interpretive

17.Humancapitalisthetermeconomistsusetorefertotheknowledgeandskillsthatworkersacquirethrougheducation,training,andexperience.

ANS:

TDIF:

2REF:

25-2

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Humancapital

MSC:

Definitional

18.Aforestisanexampleofanonrenewableresource.

ANS:

FDIF:

1REF:

25-2

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Naturalresources

MSC:

Definitional

19.Historicaltrendsinthepricesofmostnaturalresourcescomparedtopricesofothergoodsindicatethatnaturalresourceshavebecomescarcerovertime.

ANS:

FDIF:

2REF:

25-2

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Naturalresources

MSC:

Interpretive

20.Itispossibleforacountrywithoutalotofdomesticnaturalresourcestohaveahighstandardofliving.

ANS:

TDIF:

1REF:

25-2

NAT:

AnalyticLOC:

Productivityandgrowth

TOP:

Naturalresources|StandardoflivingMSC:

Interpretive

21.Constantreturnstoscaleisthepointonaproductionfunctionwhereincreasinginputswillnolongerincreaseoutput.

ANS:

FDIF:

2REF:

25-2

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Constantreturnstoscale

MSC:

Interpretive

22.Ascapitalperworkerrises,outputperworkerrises.However,theincreaseinoutputperworkerfromanadditiontocapitalissmaller,thelargeristheexistingamountofcapitalperworker.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Productionfunction

MSC:

Analytical

23.AnincreaseinthesavingratedoesnotpermanentlyincreasethegrowthrateofrealGDPperperson.

ANS:

TDIF:

2REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Savingrate

MSC:

Definitional

24.Otherthingsthesame,anotherunitofcapitalwillincreaseoutputbymoreinapoorcountrythaninarichcountry.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

Productivityandgrowth

TOP:

Productivity|DiminishingreturnsMSC:

Interpretive

25.Thecatch-upeffectreferstotheideathatpoorcountries,despitetheirbestefforts,arenotlikelyevertoexperiencetheeconomicgrowthratesofwealthiercountries.

ANS:

FDIF:

2REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Catch-upeffect

MSC:

Interpretive

26.TwocountrieswiththesamesavingratesmusthavethesamegrowthrateofrealGDPperperson.

ANS:

FDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Savingrate|Catch-upeffect

MSC:

Definitional

27.WhenAmericansinvestinRussia,theincomeofRussians(thatis,RussianGNP)risesbymorethandoesproductioninRussia(thatis,RussianGDP).

ANS:

FDIF:

3REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Foreigninvestment

MSC:

Applicative

28.Ifyourcompanyopensandoperatesabranchinaforeigncountry,youwillbeengaginginforeigndirectinvestment.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

InternationaltradeandfinanceTOP:

Foreigninvestment

MSC:

Definitional

29.Investmentinhumancapitalhasopportunitycosts,butinvestmentinphysicalcapitaldoesnot.

ANS:

FDIF:

1REF:

25-3

NAT:

AnalyticLOC:

Productivityandgrowth

TOP:

Opportunitycosts|Humancapital|PhysicalcapitalMSC:

Interpretive

30.Incentivesforparentstosendtheirchildrentoschool,suchassmallmonthlypaymentstoparentsiftheirchildrenhaveregularattendance,appeartoincreaseschoolattendance.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Economicgrowth

MSC:

Definitional

31.Acountrythatmadeitscourtslesscorruptanditsgovernmentmorestablewouldlikelyseeitsstandardoflivingrise.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Propertyrights

MSC:

Definitional

32.Ifacountrymadeiteasierforpeopletoestablishandprovetheownershipoftheirproperty,realGDPperpersonwouldlikelyrise.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Propertyrights

MSC:

Interpretive

33.Economistsgenerallybelievethatinward-orientedpoliciesaremorelikelytofostergrowththanoutwardorientedpolicies.

ANS:

FDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Tradepolicy

MSC:

Definitional

34.Ifarichcountryreducedsubsidiestodomesticproducerswhoproducegoodsforwhichpoorcountrieshaveacomparativeadvantage,thestandardoflivinginthesepoorcountrieswouldlikelyrise.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Tradepolicy

MSC:

Definitional

35.Onereasonthatgovernmentsmayfinditusefultosponsoruniversitiesandbasicresearchisthattoalargeextentknowledgeisgenerallyaprivategood.

ANS:

FDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Publicgoods

MSC:

Interpretive

36.Thepopulationgrowthratetendstobehigherindevelopedcountriesthanindevelopingcountries.

ANS:

FDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Populationgrowth

MSC:

Definitional

37.Incountrieswherewomenarediscriminatedagainst,policiesthatincreasethelikelihoodofcareersuccessandeducationalopportunitiesforwomenarelikelytodecreasethebirthrate.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Populationgrowth

MSC:

Definitional

38.Countrieswithhighpopulationgrowthratestendtohavelowerlevelsofeducationalattainment.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Populationgrowth

MSC:

Definitional

39.StudiesconfirmthatcontrollingforothervariablessuchasthepercentageofGDPdevotedtoinvestment,poorcountriestendtogrowatafasterratethanrichcountries.

ANS:

TDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Catch-upeffect

MSC:

Definitional

40.Anincreaseincapitalincreasesproductivityonlyifitispurchasedandoperatedbydomesticresidents.

ANS:

FDIF:

1REF:

25-3

NAT:

AnalyticLOC:

ProductivityandgrowthTOP:

Foreigninvestment

MSC:

Definitional

41.Otherthingsthesame,aneconomy’sfactorsofproductionarelikelytobeusedmoreeffectivelyifthereisaneconomywider

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