宏觀經(jīng)濟學(xué)智慧樹知到答案章節(jié)測試2023年中國傳媒大學(xué)

緒論單元測試GDP

excludes

most

items

that

are

produced

and

sold

illegally

and

most

items

that

are

produced

and

consumed

at

home

because

A:

these

items

are

not

reported

on

income

tax

forms.

B:

the

quality

of

these

items

is

not

high

enough

to

contribute

value

to

GDP.

C:measuring

them

is

so

difficult.

D:

the

government

wants

to

discourage

the

production

and

consumption

of

these

items.

答案:C第一章測試For

an

economy

as

a

whole,

A:wages

must

equal

income.

B:investment

must

equal

the

value

of

stocks

and

bonds

purchased.

C:consumption

must

equal

saving.

D:the

market

value

of

production

must

equal

expenditure.

答案:DIf

an

economy’s

GDP

falls,

then

it

must

be

the

case

that

the

economy’s

A:income

and

saving

fall.

B:

income

falls

and

market

value

of

all

production

rises.

C:income

and

market

value

of

all

production

both

fall.

D:income

rises

and

market

value

of

all

production

falls.

答案:CAccording

to

the

circular-flow

diagram

GDP

A:

cannot

be

computed

as

either

the

revenue

firms

receive

or

the

payments

they

make

to

factors

of

production.

B:can

be

computed

as

payments

firms

make

to

factors

of

production

but

not

as

revenues

they

receive

from

the

sales

of

goods

andservices.

C:

can

be

computed

as

either

the

revenue

firms

receive

from

the

sales

of

goods

and

services

or

the

payments

they

make

to

factorsof

production.

D:can

be

computed

as

the

revenue

firms

receive

from

the

sales

of

goods

and

services

but

not

as

the

payments

they

make

to

factorsof

production.

答案:CIf

the

price

of

a

dress

is

three

times

the

price

of

a

pair

of

shoes,

then

a

pair

of

shoes

contributes

A:exactly

one-fourth

as

much

to

GDP

as

does

a

dress.

B:

more

than

one-third

as

much

to

GDP

as

does

a

dress.

C:exactly

one-third

as

much

to

GDP

as

does

a

dress.

D:less

than

one-third

as

much

to

GDP

as

does

a

dress.

答案:CA

steel

company

sells

some

steel

to

a

bicycle

company

for

$150.

The

bicycle

company

uses

the

steel

to

produce

a

bicycle,which

it

sells

for

$250.

Taken

together,

these

two

transactions

contribute

A:$400

to

GDP.

B:

$150

to

GDP.

C:between

$250

and

$400

to

GDP,

depending

on

the

profit

earned

by

the

bicycle

company

when

it

sold

the

bicycle.

D:

$250

to

GDP.

答案:DA

dairy

buys

$50,000

worth

of

milk

and

spend

$5,000

on

cartons

and

utilities.

It

sells

the

cartons

of

milk

to

a

grocery

store

for$60,000

that

then

sells

all

of

the

cartons

to

consumers

for

$65,000.

How

much

do

these

actions

add

to

GDP?

A:$120,000

B:None

of

the

above

are

correct.

C:$55,000

D:$65,000

答案:DSheri,

a

U.S.

citizen,

works

only

in

Germany.

The

value

she

adds

to

production

in

Germany

is

included

A:in

neither

German

GDP

nor

U.S.

GDP.

B:in

German

GDP,

but

is

not

included

in

U.S.

GDP.

C:in

both

German

GDP

and

U.S.

GDP.

D:in

U.S.

GDP,

but

is

not

included

in

German

GDP.

答案:BConsumption

consists

of

spending

by

households

on

goods

and

services,

with

the

exception

of

A:purchases

of

durable

goods.

B:spending

on

education.

C:purchases

of

new

houses.

D:purchases

of

intangible

services.

答案:CWhich

of

the

following

items

is

included

in

GDP?

A:

the

sale

of

stocks

and

bonds

B:the

sale

of

used

goods

C:

the

sale

of

services

such

as

those

performed

by

a

doctor

D:

All

of

the

above

are

included

in

GDP.

答案:C第二章測試Most,

but

not

all,

athletic

apparel

sold

in

the

United

States

is

imported

from

other

nations.

If

the

price

of

athletic

apparelincreases,

the

GDP

deflator

will

A:not

increase,

but

the

consumer

price

index

will

increase.

B:

increase

less

than

will

the

consumer

price

index.

C:

increase

more

than

will

the

consumer

price

index.

D:increase,

but

the

consumer

price

index

will

not

increase.

答案:BBabe

Ruth,

the

famous

baseball

player,

earned

$80,000

in

1931.

Today,

the

best

baseball

players

can

earn

more

than

400times

as

much

as

Babe

Ruth

earned

in

1931.

However,

prices

have

also

risen

since

1931.

We

can

conclude

that

A:

one

cannot

make

judgments

about

changes

in

the

standard

of

living

based

on

changes

in

prices

and

changes

in

incomes.

B:because

prices

have

also

risen,

the

standard

of

living

of

baseball

stars

hasn’t

changed

since

1931.

C:one

cannot

determine

whether

baseball

stars

today

enjoy

a

higher

standard

of

living

than

Babe

Ruth

did

in

1931

withoutadditional

information

regarding

increases

in

prices

since

1931.

D:

the

best

baseball

players

today

are

about

400

times

better

off

than

Babe

Ruth

was

in

1931.

答案:CThe

economy’s

inflation

rate

is

the

A:percentage

change

in

the

price

level

from

the

previous

period.

B:change

in

the

price

level

from

the

previous

period.

C:price

level

in

the

current

period.

D:change

in

the

gross

domestic

product

from

the

previous

period.

答案:AWhen

the

quality

of

a

good

deteriorates

while

its

price

remains

the

same,

the

purchasing

power

of

the

dollar

A:decreases,

so

the

CPI

overstates

the

change

in

the

cost

of

living

if

the

quality

change

is

not

accounted

for.

B:decreases,

so

the

CPI

understates

the

change

in

the

cost

of

living

if

the

quality

change

is

not

accounted

for.

C:increases,

so

the

CPI

overstates

the

change

in

the

cost

of

living

if

the

quality

change

is

not

accounted

for.

D:increases,

so

the

CPI

understates

the

change

in

the

cost

of

living

if

the

quality

change

is

not

accounted

for.

答案:BIn

1983,

one

could

buy

a

model

radio-controlled

airplane

for

$11.50

each.

Those

same

planes

are

available

today

and

theprice

increased

at

exactly

the

rate

of

inflation.

If

the

CPI

today

is

220.5

and

in

1983

was

105,

what

is

the

price

of

theairplane

today?

A:$2.10

B:

$24.15

C:

$11.50

D:$5.48

答案:BWhich

of

the

following

is

not

correct?

A:If

the

inflation

rate

exceeds

the

nominal

interest

rate,

then

the

purchasing

power

of

an

interest-earning

deposi<spanstyle=’font-family:“TimesNe

B:The

higher

the

rate

of

inflation,

the

smaller

the

increase

in

the

purchasing

power

of

an<spanstyle=’font-family:”TimesNewRoman”,serif;font-size:15px;letter-spac

C:The

purchasing

power

of

an

interest-earning

deposit

can

increase

or

decrease

over

time,

but

it

cannot<spanstyle=’font-family:“TimesNewRoman”,serif;font-size:15px

D:If

there

is

deflation,

then

the

purchasing

power

of

an

interest-earning

deposit

rises

by

more

than<spanstyle=’font-family:“TimesNewRoman”,serif;font-size:15px;l

答案:CThe

real

interest

rate

tells

you

A:how

fast

the

number

of

dollars

in

your

bank

account

rises

over

time.

B:the

purchasing

power

of

your

bank

account

today.

C:how

fast

the

purchasing

power

of

your

bank

account

rises

over

time.

D:the

number

of

dollars

in

your

bank

account

today.

答案:CIf

the

nominal

interest

rate

is

5

percent

and

the

rate

of

inflation

is

-2.5

percent,

then

the

real

interest

rate

is

A:2.5

percent.

B:-7.5

percent.

C:

-2.5

percent.

D:7.5

percent.

答案:DSuppose

the

price

of

a

quart

of

milk

rises

from

$1.00

to

$1.20

and

the

price

of

a

T-shirt

rises

from

$8.00

to

$9.60.

If

theCPI

rises

from

150

to

195,

then

people

likely

will

buy

A:more

milk

and

more

T-shirts.

B:more

milk

and

fewer

T-shirts.

C:less

milk

and

more

T-shirts.

D:less

milk

and

fewer

T-shirts.

答案:AThe

primary

purpose

of

measuring

the

overall

level

of

prices

in

the

economy

is

to

A:allow

for

the

comparison

of

dollar

figures

from

the

same

point

in

time.

B:allow

for

the

comparison

of

dollar

figures

from

different

points

in

time.

C:allow

consumers

to

know

what

kinds

of

prices

to

expect

in

the

future.

D:allow

for

the

measurement

of

GDP.

答案:B第三章測試Last

year

a

country

had

800

workers

who

worked

an

average

of

8

hours

and

produced

12,800

units.

This

year

the

samecountry

had

1000

workers

who

worked

an

average

of

8

hours

and

produced

14,000

units.

This

country’s

productivity

was

A:higher

this

year

than

last

year.

A

possible

source

of

this

change

in

productivity

is

a

change

in

the

size

of

thecapital

stock.

B:

lower

this

year

than

last

year.

A

change

in

the

size

of

the

capital

stock

does

not

affect

productivity.

C:lower

this

year

than

last

year.

A

possible

source

of

this

change

in

productivity

is

a

change

in

the

size

of

thecapital

stock.

D:

higher

this

year

than

last

year.

A

change

in

the

size

of

the

capital

stock

does

not

affect

productivity.

答案:CWhich

of

the

following

is

an

example

of

a

produced

factor

of

production?

A:

skills

that

people

accumulate

through

experience

B:a

plant

in

which

automobiles

are

assembled

C:skills

that

people

accumulate

in

juniormiddleschool

答案:BWhich

of

the

following

is

considered

human

capital?

Knowledge

acquired

from

A:education

programs

B:experience

C:job

training

答案:CRalph

is

a

plumber.

Which

of

the

following

are

included

in

his

human

capital?

A:

the

tools

he

uses,

but

not

the

knowledge

he

learned

on

the

job

B:neither

the

knowledge

he

learned

on

the

job

nor

the

tools

he

uses

C:the

knowledge

he

learned

on

the

job,

and

the

tools

he

uses

D:

the

knowledge

he

learned

on

the

job,

but

not

the

tools

he

uses

答案:DIn

a

market

economy,

we

know

that

a

resource

has

become

scarcer

when

A:All

of

the

above

are

correct.

B:its

price

rises

relative

to

other

prices.

C:it

is

non-renewable

and

some

of

it

is

used.

D:people

search

for

substitutes.

答案:BSuppose

over

the

last

year

that

the

price

of

iron

ore

increased

from

$1,200

a

ton

to

$1,275

a

ton.

Over

the

same

time

ameasure

of

the

overall

price

level

increased

from

150

to

156.

The

price

of

iron

ore

increased

by

A:less

than

inflation,

so

it

became

more

scarce.

B:more

than

inflation,

so

it

became

more

scarce.

C:less

than

inflation,

so

it

became

less

scarce.

D:more

than

inflation,

so

it

became

less

scarce.

答案:BAn

understanding

of

the

best

ways

to

produce

goods

and

services

is

called

A:physical

capital.

B:

productivity.

C:human

capital.

D:technology.

答案:DYour

company

discovers

a

better

way

to

produce

mousetraps,

but

your

better

methods

are

not

apparent

from

themousetraps

themselves.

Your

knowledge

of

how

to

more

efficiently

produce

mousetraps

is

A:proprietary

technological

knowledge.

B:proprietary,

but

not

technological,

knowledge.

C:common

technological

knowledge.

D:common,

but

not

technological,

knowledge.

答案:AWhich

of

the

following

is

a

determinant

of

productivity?

A:natural

resources

per

worker

B:human

capital

C:physical

capital

答案:AIf

the

number

of

workers

in

an

economy

doubled,

all

other

inputs

stayed

the

same,

and

there

were

constant

returns

toscale,

productivity

would

A:stay

the

same.

B:fall

to

less

than

one-half

of

its

former

value.

C:rise

but

less

than

double.

D:fall,

but

it

would

still

be

greater

than

one-half

of

its

former

value.

答案:D第四章測試Which

of

the

following

is

not

correct?

A:Structural

unemployment

results

when

the

number

of

jobs

is

insufficient

for

the

number

of

workers.

B:When

a

minimum-wage

law

forces

the

wage

to

remain

above

the

level

that

balances

supply

and

demand,

it

raises

the

quantityof

labor

supplied

and

reduces

the

quantity

of

labor

demanded

compared

to

the

equilibrium

level.

C:Minimum

wages

are

the

predominant

reason

for

unemployment

in

the

U.S.

economy.

D:Frictional

unemployment

results

from

the

process

of

matching

workers

and

jobs.

答案:CWhen

a

minimum-wage

law

forces

the

wage

to

remain

above

the

equilibrium

level,

it

A:raises

both

the

quantity

of

labor

supplied

and

the

quantity

of

labor

demanded

compared

to

thereduces

the

quantity

of

labor

supplied

and

raises

the

quantity

of

labor

demanded

compared

to

theraises

the

quantity

of

labor

supplied

and

reduces

the

quantity

of

labor

demanded

compared

to

thereduces

both

the

quantity

of

labor

supplied

and

the

quantity

of

labor

demanded

compared

to

theFigure

4-2

Refer

to

Figure4-2.

At

the

equilibrium

wage,

how

many

workers

are

employed?

A:5,000

B:0

C:9,000

D:1,000

答案:AFigure4-2Refer

to

Figure4-2.

If

the

government

imposes

a

minimum

wage

of

$4,

then

unemployment

will

increase

by

A:5,000

workers.

B:4,000

workers.

C:0

workers.

D:2,000

workers.

答案:CThe

theory

of

efficiency

wages

explains

why

A:setting

wages

at

the

equilibrium

level

may

increase

unemployment.

B:it

is

efficient

for

firms

to

set

wages

at

the

equilibrium

level.

C:it

may

be

in

the

best

interest

of

firms

to

offer

wages

that

are

above

the

the

most

efficient

way

to

pay

workers

is

to

pay

them

according

to

their

skills.

答案:CCaroline

is

the

owner

of

a

hair-styling

salon

and

spa.

She

decides

to

raise

the

wages

of

her

workers

even

though

she

facesan

excess

supply

of

labor.

Her

decision

A:All

of

the

above

are

correct.

B:may

increase

the

quality

of

her

work

force.

C:will

increase

the

excess

supply

of

labor.

D:might

increase

profits

if

it

attracts

a

better

pool

of

workers

to

apply

for

jobs

at

her

salon.

答案:AIf

there

were

no

factors

keeping

wages

from

reaching

equilibrium

then

there

would

be

no

A:natural

rate

of

unemployment.

B:frictional

unemployment.

C:cyclical

unemployment.

D:structural

unemployment.

答案:DMore

generous

unemployment

insurance

would

A:raise

structural

unemployment.

B:lower

structural

unemployment.

C:lower

frictional

unemployment.

D:raise

frictional

unemployment.

答案:DSuppose

that

consumers

decide

to

walk

to

work

more

frequently

and

drive

cars

less.

Companies

that

make

walking

shoeshire

workers,

while

automobile

companies

lay

off

workers.

This

is

an

example

of

A:structural

unemployment

created

by

sectoral

shifts.

B:structural

unemployment

created

by

efficiency

wages.

C:frictional

unemployment

created

by

sectoral

shifts.

D:frictional

unemployment

created

by

efficiency

wages.

答案:CTable

4-1

2010

Labor

Data

for

Adults

(ages

16

and

older)

in

Meditor

Males

not

in

labor

force45

millionFemales

not

in

labor

force35

millionMales

unemployed5

millionFemales

unemployed5

millionMales

employed85

millionFemales

employed65

millionRefer

to

Table

4-1.

What

is

the

adult

male

unemployment

rate

in

Meditor?

A:5.9%

B:5.6%

C:3.7%

D:5.0%

答案:B第五章測試On

a

bank’s

Taccount,

which

are

part

of

the

bank’s

assets?

A:neither

deposits

made

by

its

customers

nor

reserves

B:reserves

but

not

deposits

made

by

its

customers

C:deposits

made

by

its

customers

but

not

reserves

D:both

deposits

made

by

its

customers

and

reserves

答案:BA

bank

loans

Kellie’s

Print

Shop

$350,000

to

remodel

a

building

near

campus

to

use

as

a

new

store.

On

their

respectivebalance

sheets,

this

loan

is

A:a

liability

for

the

bank

and

an

asset

for

Kellie’s

Print

Shop.

The

loan

increases

the

an

asset

for

the

bank

and

a

liability

for

Kellie’s

Print

Shop.

The

loan

does

not

a

liability

for

the

bank

and

an

asset

for

Kellie’s

Print

Shop.

The

loan

does

not

an

asset

for

the

bank

and

a

liability

for

Kellie’s

Print

Shop.

The

loan

increases

the

A

bank

has

an

8

percent

reserve

requirement,

$10,000

in

deposits,

and

has

loaned

out

all

it

can

given

the

reserverequirement.

A:It

has

$80

in

reserves

and

$9,920

in

loans.

B:It

has

$800

in

reserves

and

$9,200

in

loans.

C:It

has

$1,250

in

reserves

and

$8,750

in

loans.

答案:BIf

the

reserve

requirement

is

12

percent

and

banks

desire

to

hold

no

excess

reserves,

when

a

bank

receives

a

new

depositof

$1,000,

A:it

will

be

able

to

make

new

loans

up

to

a

maximum

of

$880.

B:its

total

reserves

initially

increase

by

$120.

C:it

must

increase

its

required

reserves

by

more

than

$150.

答案:AIf

a

bank

uses

$200

of

excess

reserves

to

make

a

new

loan

when

the

reserve

ratio

is

15

percent,

this

action

by

itselfinitially

makes

the

money

supply

A:increase

by

$200

while

wealth

does

not

change.

B:and

wealth

decrease

by

$200.

C:and

wealth

increase

by

$200.

D:decrease

by

$200

while

wealth

decreases

by

$200.

答案:AIf

the

central

bank

in

some

country

raised

the

reserve

requirement,

then

the

money

multiplier

for

that

country

A:would

not

change.

B:would

decrease.

C:would

increase.

答案:BIf

the

reserve

ratio

is

15

percent,

the

money

multiplier

is

A:7.7.

B:5.7.

C:6.7.

D:15.

答案:CTable

5-1.

An

economy

starts

with

$50,000

in

currency.

All

of

this

currency

is

deposited

into

a

single

bank,

and

the

bank

thenmakes

loans

totaling

$45,750.

The

T-account

of

the

bank

is

shown

below.

AssetsLiabilitiesReserves

$4,250Deposits

$50,000Loans

45,750

Refer

to

Table

5-1The

bank’s

reserve

ratio

is

A:91.5

percent.

B:100

percent.

C:17.5

percent.

D:8.5

percent.

答案:DWhen

the

Fed

conducts

open-market

purchases,

A:it

buys

Treasury

securities,

which

decreases

the

money

supply.

B:it

borrows

money

from

member

banks,

which

increases

the

money

supply.

C:it

lends

money

to

member

banks,

which

decreases

the

money

supply.

D:it

buys

Treasury

securities,

which

increases

the

money

supply.

答案:DThe

Fed

can

increase

the

money

supply

by

conducting

open-market

A:

purchases

or

by

lowering

the

discount

rate.

B:purchases

or

by

raising

the

discount

rate.

C:sales

or

by

lowering

the

discount

rate.

D:sales

or

by

raising

the

discount

rate.

答案:A第六章測試According

to

the

classical

dichotomy,

when

the

money

supply

doubles

which

of

the

following

doubles?

A:the

price

level

and

nominal

GDP

B:only

the

price

level

C:the

price

level

and

real

GDP

D:only

real

GDP

答案:ABased

on

the

quantity

equation,

if

M

=

8,000,

P

=

3,

and

Y

=

12,000,

then

V

=

A:0.5.

B:0.33.

C:4.5.

D:2.0.

答案:CIf

when

the

money

supply

changes,

real

output

and

velocity

do

not

change,

then

a

2

percent

increase

in

the

money

supply

A:increases

the

price

level

by

less

than

2

percent.

B:decreases

the

price

level

by

less

than

2

percent.

C:decreases

the

price

level

by

2

percent.

D:

increases

the

price

level

by

2

percent.

答案:DThe

inflation

tax

refers

to

A:higher

inflation

which

requires

more

frequent

price

changes.

B:taxes

being

indexed

for

inflation.

C:the

idea

that,

other

things

the

same,

an

increase

in

the

tax

rate

raises

the

inflationthe

revenue

a

government

creates

by

printing

money.

答案:DSuppose

that

monetary

neutrality

and

the

Fisher

effect

both

hold

and

the

money

supply

growth

rate

has

been

the

same

for

along

time.

Other

things

the

same

a

higher

money

supply

growth

would

be

associated

with

A:a

higher

inflation

rate,

but

not

higher

nominal

interest

rates.

B:a

higher

nominal

interest

rate,

but

not

higher

inflation.

C:neither

a

higher

inflation

rate

nor

a

higher

nominal

interest

rate.

D:both

higher

inflation

and

higher

nominal

interest

rates.

答案:DWhen

Haley

states

that

inflation

by

itself

always

reduces

the

real

return

on

her

saving,

she

A:has

expressed

the

idea

behind

menu

costs.

B:has

expressed

the

idea

behind

shoeleather

costs.

C:has

expressed

the

idea

of

the

inflation

tax.

D:has

committed

the

inflation

fallacy.

答案:DMenu

costs

refers

to

A:the

distortion

in

incentives

created

by

inflation

when

taxes

do

not

adjust

for

inflation.

B:the

cost

of

more

frequent

price

changes

induced

by

higher

inflation.

C:resources

used

to

price

shop

during

times

of

high

inflation.

D:resources

used

by

people

to

maintain

lower

money

holdings

when

inflation

is

high.

答案:BHigher

inflation

makes

relative

prices

A:less

variable,

making

it

less

likely

that

resources

will

be

allocated

to

their

best

use.

B:more

variable,

making

it

less

likely

that

resources

will

be

allocated

to

their

best

use.

C:less

variable,

making

it

more

likely

that

resources

will

be

allocated

to

their

best

use.

D:more

variable,

making

it

more

likely

that

resources

will

be

allocated

to

their

best

use.

答案:BGiven

a

nominal

interest

rate

of

6

percent,

in

which

of

the

following

cases

would

you

earn

the

lowest

after-tax

real

rate

ofinterest?

A:The

after-tax

real

interest

rate

is

the

same

for

all

of

the

above.

B:Inflation

is

3

percent;

the

tax

rate

is

20

percent.

C:Inflation

is

2

percent;

the

tax

rate

is

30

percent.

D:Inflation

is

4

percent;

the

tax

rate

is

5

percent.

答案:DKaitlyn

purchased

one

share

of

Northwest

Energy

stock

for

$200;

one

year

later

she

sold

that

share

for

$400.

The

inflationrate

over

the

year

was

50

percent.

The

tax

rate

on

nominal

capital

gains

is

50

percent.

What

was

the

tax

on

Kaitlyn’s

capitalgain?

A:$100

B:$75

C:$200

D:$50

答案:A第七章測試Which

of

the

following

would

both

shift

aggregate

demand

right?

A:the

price

level

decreases

and

the

government

repeals

an

investment

tax

credit.

B:taxes

decrease

and

government

expenditures

increase.

C:the

price

level

decreases

and

government

expenditures

increase.

答案:BOther

things

the

same,

which

of

the

following

is

correct?

A:A

decrease

in

the

price

level

causes

the

dollar

to

appreciate.

Aggregate

demand

shifts

right.

B:If

speculators

lose

confidence

in

the

American

economy,

the

dollar

depreciates.

Aggregate

demand

shifts

right.

C:A

decrease

in

the

price

level

causes

the

dollar

to

depreciate.

Aggregate

demand

shifts

right.

D:If

speculators

lose

confidence

in

the

American

economy,

the

dollar

appreciates.

Aggregate

demand

shifts

right.

答案:BThe

long-run

a