曼昆《经济学原理》宏观第五版测试题库 25.docx

1、曼昆经济学原理宏观第五版测试题库 25Chapter 25 Production and GrowthTRUE/FALSE1. If per capita real income grows by 2 percent per year, then it will double in approximately 20 years.ANS: F DIF: 1 REF: 25-0NAT: Analytic LOC: Productivity and growth TOP: Economic growthMSC: Definitional2. Over the period 1870-2006, th

2、e United States experienced an average annual growth rate of real GDP per person of about 4 percent per year.ANS: F DIF: 1 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: Economic growthMSC: Definitional3. In 2006, income per person in the United States was about 12 times that in India.ANS:

3、 T DIF: 1 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: Economic growthMSC: Definitional4. Over the period 1900-2006, Brazils rate of economic growth exceeded that of China.ANS: T DIF: 2 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: Economic growthMSC: Definitional5. If a count

4、ry has a higher level of productivity than another, then it also has a higher level of real GDP.ANS: F DIF: 2 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: ProductivityMSC: Analytical6. International data on real GDP per person give us a sense of how standards of living vary across countr

5、ies.ANS: T DIF: 1 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: Real GDPMSC: Definitional7. Real GDP per person in rich countries, such as Germany, is sometimes more than 10 times that of poor countries like Pakistan.ANS: T DIF: 1 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: S

6、tandard of livingMSC: Definitional8. Both the standard of living and the growth of real GDP per person vary widely across countries.ANS: T DIF: 1 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: Standard of living | Real GDP MSC: Definitional9. If they could increase their growth rates sligh

7、tly, countries with low income would catch up with rich countries in about ten years.ANS: F DIF: 1 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: Economic growth | Catch-up effect MSC: Interpretive10. In the United States real GDP per person is about $44,000, while in some poor countries r

8、eal GDP per person is less than $3,000.ANS: T DIF: 1 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP: Economic growthMSC: Definitional11. Although growth rates across countries vary some, rankings of countries by income remain pretty much the same over time.ANS: F DIF: 1 REF: 25-1NAT: Analyt

9、ic LOC: Productivity and growth TOP: Economic growthMSC: Definitional12. International data on the history of real GDP growth rates shows that over the last 100 years or so, rich countries got richer and poor countries got poorer.ANS: F DIF: 1 REF: 25-1NAT: Analytic LOC: Productivity and growth TOP:

10、 Economic growthMSC: Definitional13. Productivity can be computed as number of hours worked divided by output.ANS: F DIF: 1 REF: 25-2NAT: Analytic LOC: Productivity and growth TOP: ProductivityMSC: Definitional14. Indonesians, for example, have a lower standard of living than Americans because they

11、have a lower level of productivity.ANS: T DIF: 1 REF: 25-2NAT: Analytic LOC: Productivity and growth TOP: Productivity | Standard of living MSC: Interpretive15. If Country A produces 6,000 units of goods and services using 600 hours of labor, and if Country B produces 5,000 units of goods and servic

12、es using 450 units of labor, then productivity is higher in Country B than in Country A.ANS: T DIF: 2 REF: 25-2NAT: Analytic LOC: Productivity and growth TOP: ProductivityMSC: Applicative16. Like physical capital, human capital is a produced factor of production.ANS: T DIF: 2 REF: 25-2NAT: Analytic

13、LOC: Productivity and growth TOP: Physical capital | Human capital MSC: Interpretive17. Human capital is the term economists use to refer to the knowledge and skills that workers acquire through education, training, and experience.ANS: T DIF: 2 REF: 25-2NAT: Analytic LOC: Productivity and growth TOP

14、: Human capitalMSC: Definitional18. A forest is an example of a nonrenewable resource.ANS: F DIF: 1 REF: 25-2NAT: Analytic LOC: Productivity and growth TOP: Natural resourcesMSC: Definitional19. Historical trends in the prices of most natural resources compared to prices of other goods indicate that

15、 natural resources have become scarcer over time.ANS: F DIF: 2 REF: 25-2NAT: Analytic LOC: Productivity and growth TOP: Natural resourcesMSC: Interpretive20. It is possible for a country without a lot of domestic natural resources to have a high standard of living.ANS: T DIF: 1 REF: 25-2NAT: Analyti

16、c LOC: Productivity and growth TOP: Natural resources | Standard of living MSC: Interpretive21. Constant returns to scale is the point on a production function where increasing inputs will no longer increase output.ANS: F DIF: 2 REF: 25-2NAT: Analytic LOC: Productivity and growth TOP: Constant retur

17、ns to scaleMSC: Interpretive22. As capital per worker rises, output per worker rises. However, the increase in output per worker from an addition to capital is smaller, the larger is the existing amount of capital per worker.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Prod

18、uction functionMSC: Analytical23. An increase in the saving rate does not permanently increase the growth rate of real GDP per person.ANS: T DIF: 2 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Saving rateMSC: Definitional24. Other things the same, another unit of capital will increase ou

19、tput by more in a poor country than in a rich country.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Productivity | Diminishing returns MSC: Interpretive25. The catch-up effect refers to the idea that poor countries, despite their best efforts, are not likely ever to experien

20、ce the economic growth rates of wealthier countries.ANS: F DIF: 2 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Catch-up effectMSC: Interpretive26. Two countries with the same saving rates must have the same growth rate of real GDP per person.ANS: F DIF: 1 REF: 25-3NAT: Analytic LOC: Prod

21、uctivity and growth TOP: Saving rate | Catch-up effectMSC: Definitional27. When Americans invest in Russia, the income of Russians (that is, Russian GNP) rises by more than does production in Russia (that is, Russian GDP).ANS: F DIF: 3 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Foreign

22、 investmentMSC: Applicative28. If your company opens and operates a branch in a foreign country, you will be engaging in foreign direct investment.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: International trade and finance TOP: Foreign investmentMSC: Definitional29. Investment in human capital has opp

23、ortunity costs, but investment in physical capital does not.ANS: F DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Opportunity costs | Human capital | Physical capital MSC: Interpretive30. Incentives for parents to send their children to school, such as small monthly payments to pare

24、nts if their children have regular attendance, appear to increase school attendance.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Economic growthMSC: Definitional31. A country that made its courts less corrupt and its government more stable would likely see its standard of l

25、iving rise.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Property rightsMSC: Definitional32. If a country made it easier for people to establish and prove the ownership of their property, real GDP per person would likely rise.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Product

26、ivity and growth TOP: Property rightsMSC: Interpretive33. Economists generally believe that inward-oriented policies are more likely to foster growth than outward oriented policies.ANS: F DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Trade policyMSC: Definitional34. If a rich count

27、ry reduced subsidies to domestic producers who produce goods for which poor countries have a comparative advantage, the standard of living in these poor countries would likely rise.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Trade policyMSC: Definitional35. One reason that

28、 governments may find it useful to sponsor universities and basic research is that to a large extent knowledge is generally a private good.ANS: F DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Public goodsMSC: Interpretive36. The population growth rate tends to be higher in develope

29、d countries than in developing countries.ANS: F DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Population growthMSC: Definitional37. In countries where women are discriminated against, policies that increase the likelihood of career success and educational opportunities for women ar

30、e likely to decrease the birth rate.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Population growthMSC: Definitional38. Countries with high population growth rates tend to have lower levels of educational attainment.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and

31、growth TOP: Population growthMSC: Definitional39. Studies confirm that controlling for other variables such as the percentage of GDP devoted to investment, poor countries tend to grow at a faster rate than rich countries.ANS: T DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Catch-up

32、 effectMSC: Definitional40. An increase in capital increases productivity only if it is purchased and operated by domestic residents.ANS: F DIF: 1 REF: 25-3NAT: Analytic LOC: Productivity and growth TOP: Foreign investmentMSC: Definitional41. Other things the same, an economys factors of production are likely to be used more effectively if there is an economywide r