宏观经济学 题库 7.docx
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宏观经济学题库7
Macroeconomics,10e（Parkin）
Chapter10AggregateSupplyandAggregateDemand
68）Intheabovefigure,theshort-runaggregatesupplycurveisSASandtheaggregatedemandcurveisAD.Aninflationarygapexists
A）ifthelong-runaggregatesupplycurveisLAS1.
B）ifthelong-runaggregatesupplycurveisLAS2.
C）ifthelong-runaggregatesupplycurveisLAS3.
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.
Answer:
D
Topic:
Short-RunMacroeconomicEquilibrium
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
70）Intheabovefigure,iftheeconomyisatpointA,whichofthefollowingistrue?
A）Thereisarecessionarygap.
B）Thereisaninflationarygap.
C）PointAisthelong-runequilibriumpoint.
D）Noneoftheaboveanswersarecorrect.
Answer:
B
Topic:
InflationaryGap
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
71）Theabovefiguredepictsaneconomy
A）withaninflationarygap.
B）witharecessionarygap.
C）producingatfullemployment.
D）Noneoftheaboveanswersiscorrect.
Answer:
A
Topic:
InflationaryGap
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
72）Intheabovefigure,theshort-runequilibriumwilleventuallyadjusttoalong-runequilibriumwitha
A）lowerpricelevelandsmallerrealGDP
B）higherpricelevelandlargerrealGDP.
C）higherpricelevelandsmallerrealGDP.
D）lowerpricelevelandlargerrealGDP.
Answer:
C
Topic:
Long-RunMacroeconomicEquilibrium
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
73）Theabovefigureillustrates
A）arecessionarygap.
B）afull-employmentequilibrium.
C）aninflationarygap.
D）anequilibriumattheeconomy'sphysicallimits.
Answer:
A
Topic:
RecessionaryGap
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
74）Intheabovefigure,ifaggregatedemanddoesnotchangetheshort-runequilibriumwill
A）eventuallyadjusttoalong-runequilibriumwithahigherpricelevel.
B）willnotadjustonitsown.
C）eventuallyadjusttoalong-runequilibriumwithalowerpricelevel.
D）Noneoftheaboveanswersarecorrect.
Answer:
C
Topic:
Long-RunMacroeconomicEquilibrium
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
75）Supposetheeconomywasinitiallyinalong-runequilibrium.Thentheworldeconomyexpandssothatforeignincomesrise.U.S.aggregatedemand________andeventuallythemoneywagerate________.
A）increases;rises
B）increases;falls
C）decreases;rises
D）decreases;falls
Answer:
A
Topic:
FluctuationsinAggregateDemand
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
76）Iftheeconomyisinlongrunequilibriumandaggregatedemandincreases,thenintheshortrun
A）nothinghappensbecausetheeconomyisinlongrunequilibrium.
B）thepricelevelrisesandrealGDPdoesnotchange.
C）realGDPincreasesandthepriceleveldoesnotchange.
D）thepricelevelrisesandrealGDPincreases.
Answer:
D
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
77）TheFederalReservelowersinterestrates.Asaresult,intheshortrun,realGDP________andthepricelevel________.
A）increases;rises
B）increases;falls
C）decreases;rises
D）decreases;falls
Answer:
A
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
78）Thegovernmentincreasestaxes.Asaresult,intheshortrun,realGDP________andthepricelevel________.
A）increases;rises
B）decreases;falls
C）decreases;rises
D）increases;falls
Answer:
B
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
79）Intheshortrun,anincreaseingovernmentexpenditureongoodsandservices________realGDPand________thepricelevel.
A）increases;rises
B）increases;falls
C）decreases;rises
D）decreases;falls
Answer:
A
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
80）Intheshort-run,adecreaseingovernmentexpenditure________realGDPand________thepricelevel.
A）increases;increases
B）increases;decreases
C）decreases;increases
D）decreases;decreases
Answer:
D
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
81）Intheshortrun,anincreaseinaggregatedemand
A）lowersthepricelevelanddecreasesrealGDP.
B）lowersthepricelevelandincreasesrealGDP.
C）raisesthepricelevelandincreasesrealGDP.
D）raisesthepricelevelanddecreasesrealGDP.
Answer:
C
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
82）AlowerpricelevelcombinedwithadecreaseinrealGDPoccurswhenthe
A）short-runaggregatesupplycurveshiftsrightward.
B）short-runaggregatesupplycurveshiftsleftward.
C）aggregatedemandcurveshiftsrightward.
D）aggregatedemandcurveshiftsleftward.
Answer:
D
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
83）Intheabovefigure,supposetheeconomyhadbeenatpointAandnowisatB.WhatcouldhaveleadtothemovementtoB?
A）Ataxhike.
B）Governmentexpendituresongoodsandservicesincreased.
C）Winterstormscausefactoriesinthenorthtobeshutdownforseveralweeks.
D）Moneywageratesrose.
Answer:
B
Topic:
FluctuationsinAggregateDemand
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
84）SupposetheeconomyisatpointB.Iffirmsexpectprofitswillbehigherinthefuture,towhatpointmighttheeconomy'smoveintheshortrun?
A）ItstaysatpointB.
B）ItshiftstoapointsuchasA.
C）ItshiftstoapointsuchasC.
D）NoneoftheaboveanswersarecorrectbecauseitistheSAScurvethatshifts,nottheADcurve.
Answer:
C
Topic:
FluctuationsinAggregateDemand
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
85）SupposetheeconomyisatpointB.Ifarecessioninanothercountrydecreasesexports,towhatpointmighteconomymoveintheshortrun?
A）ItstaysatpointB.
B）ItshiftstoapointsuchasA.
C）ItshiftstoapointsuchasC.
D）NoneoftheaboveanswersarecorrectbecauseitistheSAScurvethatshifts,nottheADcurve.
Answer:
B
Topic:
FluctuationsinAggregateDemand
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
86）ThefigureillustratesaggregatedemandandaggregatesupplyinSparta.WhichofthefollowingeventswilldecreaseSparta'srealGDPintheshortrun?
A）adecreaseintaxes
B）afallinresourceprices
C）adecreaseingovernmentexpenditure
D）anincreaseininvestment
Answer:
C
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
87）ThefigureaboveillustratesaggregatedemandandaggregatesupplyinSparta.Sparta'spricelevelwillriseabove100if________.
A）governmentexpendituredecreases
B）thequantityofmoneyincreases
C）thequantityofcapitalincreases
D）taxesincrease
Answer:
B
Topic:
FluctuationsinAggregateDemand
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
88）Inashort-runmacroeconomicequilibrium,potentialGDPexceedsrealGDP.Ifaggregatedemanddoesnotchange,thenthe
A）short-runaggregatesupplycurvewillshiftrightwardasthemoneywageratefalls.
B）short-runaggregatesupplycurvewillshiftleftwardasthemoneywageraterises.
C）long-runaggregatesupplycurvewillshiftleftwardasthemoneywageraterises.
D）long-runaggregatesupplycurvewillshiftleftwardasthemoneywageratefalls.
Answer:
A
Topic:
MovementtotheLong-RunEquilibrium
Skill:
Conceptual
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
89）Inashort-runmacroeconomicequilibrium,realGDPexceedspotentialGDP.Ifaggregatedemanddoesnotchange,thenthe
A）short-runaggregatesupplycurvewillshiftrightwardasthemoneywageratefalls.
B）short-runaggregatesupplycurvewillshiftleftwardasthemoneywageraterises.
C）long-runaggregatesupplycurvewillshiftleftwardasthemoneywageraterises.
D）long-runaggregatesupplycurvewillshiftleftwardasthemoneywageratefalls.
Answer:
B
Topic:
MovementtotheLong-RunEquilibrium
Skill:
Conceptual
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
90）ThecountryofStanleyisatanabove-fullemploymentequilibrium.WhichofthefollowingeventswillreturnStanleytofull-employment?
A）anincreaseingovernmentexpenditures
B）adecreaseintheinterestrate
C）anincreaseinthemoneywagerate
D）anincreaseinthequantityofmoney
Answer:
C
Topic:
MovementtotheLong-RunEquilibrium
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
Reflec
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