经济学原理对应练习32文档格式.doc

1、d.persistently had a trade surplus.ANS: CPTS: 1DIF: 1REF: 32-0TOP: Budget deficitMSC: Definitional2.Many U.S. business leaders argue that the current state of U.S. net exports is the result ofa.U.S. export subsidies.b.free trade policies of foreign governments.c.unproductive U.S. workers.d.unfair fo

2、reign competition. DPTS: U.S. tradeMSC:3.The open-economy macroeconomic model includesa.only the market for loanable funds.b.only the market for foreign-currency exchange.c.both the market for loanable funds and the market for foreign-currency exchange.d.neither the market for loanable funds or the

3、market for foreign-currency exchange. Open-economy macroeconomic modelMSC:4.The open-economy macroeconomic model examines the determination ofa.the output growth rate and the real interest rate.b.unemployment and the exchange rate.c.the output growth rate and the inflation rate.d.the trade balance a

4、nd the exchange rate.5.The open-economy macroeconomic model takesa.GDP, but not the price level as given.b.the price level, but not GDP as given.c.both the price level and GDP as given.d.the price level and GDP as variables to be determined by the model. 32-16.In an open economy, the market for loan

5、able funds equates national saving witha.domestic capital outflow.c.the sum of national consumption and government spending.d.the sum of domestic investment and net capital outflow. Market for loanable fundsMSC: Interpretive7.In an open economy, the market for loanable funds equates national saving

6、 withc.national consumption minus domestic investment.d.None of the above is correct.8.In the open-economy macroeconomic model, the market for loanable funds identity can be written asa.S = Ib.S = NCOc.S = I + NCOd.S + I = NCO9.In the open-economy macroeconomic model, the supply of loanable funds co

7、mes froma.national saving.b.private saving.c.domestic investment. APTS:10.In the open-economy macroeconomic model, the demand for loanable funds comes capital outflow.d.the sum of net capital outflow and domestic investment.11.The purchase of a capital asset adds to the demand for loanable fundsa.

8、only if the asset is located at home.b.only if the asset is located abroad.c.whether the asset is located at home or abroad. Applicative12.U.S. corporation Wells Petroleum borrows money to build an oil well in Texas and to build another in Venezuela.a.The borrowing for the well in the U.S. and the w

9、ell in Venezuela both count as part of the demand for loanable funds in the U.S. market.b.Neither the borrowing for the well in the U.S. nor the well in Venezuela count as part of the demand for loanable funds in the U.S. market.c.The borrowing for the well in the U.S. counts as part of the demand f

10、or loanable funds in the U.S. The borrowing for the well in Venezuela does not count as part of the demand for loanable funds in the U.S. market.d.The borrowing for the well in Venezuela counts as part of the demand for loanable funds in the U.S. The borrowing for the well in the US. does not counts

11、 as part of the demand for loanable funds in the U.S. market. 2REF:13.Other things the same, a higher real interest rate raises the quantity ofc.loanable funds demanded.d.loanable funds supplied.14.Other things the same, a lower real interest rate decreases the quantity ofa.loanable funds demanded.b.loanable funds supplied.c.domes