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宏觀(guān)經(jīng)濟(jì)學(xué)知到章節(jié)測(cè)試答案智慧樹(shù)2023年最新中國(guó)傳媒大學(xué)緒論單元測(cè)試
GDP
excludes
most
items
that
are
produced
and
sold
illegally
and
most
items
that
are
produced
and
consumed
at
home
because
參考答案:
measuring
them
is
so
difficult.
第一章測(cè)試
For
an
economy
as
a
whole,
參考答案:
the
market
value
of
production
must
equal
expenditure.
If
an
economy’s
GDP
falls,
then
it
must
be
the
case
that
the
economy’s
參考答案:
income
and
market
value
of
all
production
both
fall.
According
to
the
circular-flow
diagram
GDP
參考答案:
can
be
computed
as
either
the
revenue
firms
receive
from
the
sales
of
goods
and
services
or
the
payments
they
make
to
factorsof
production.
If
the
price
of
a
dress
is
three
times
the
price
of
a
pair
of
shoes,
then
a
pair
of
shoes
contributes
參考答案:
exactly
one-third
as
much
to
GDP
as
does
a
dress.
A
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
參考答案:
$250
to
GDP.
A
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?
參考答案:
$65,000
Sheri,
a
U.S.
citizen,
works
only
in
Germany.
The
value
she
adds
to
production
in
Germany
is
included
參考答案:
in
German
GDP,
but
is
not
included
in
U.S.
GDP.
Consumption
consists
of
spending
by
households
on
goods
and
services,
with
the
exception
of
參考答案:
purchases
of
new
houses.
Which
of
the
following
items
is
included
in
GDP?
參考答案:
the
sale
of
services
such
as
those
performed
by
a
doctor
第二章測(cè)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
參考答案:
increase
less
than
will
the
consumer
price
index.
Babe
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
參考答案:
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.
The
economy's
inflation
rate
is
the
參考答案:
percentage
change
in
the
price
level
from
the
previous
period.
When
the
quality
of
a
good
deteriorates
while
its
price
remains
the
same,
the
purchasing
power
of
the
dollar
參考答案:
decreases,
so
the
CPI
understates
the
change
in
the
cost
of
living
if
the
quality
change
is
not
accounted
for.
In
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?
參考答案:
$24.15
Which
of
the
following
is
not
correct?
參考答案:
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
The
real
interest
rate
tells
you
參考答案:
how
fast
the
purchasing
power
of
your
bank
account
rises
over
time.
If
the
nominal
interest
rate
is
5
percent
and
the
rate
of
inflation
is
-2.5
percent,
then
the
real
interest
rate
is
參考答案:
7.5
percent.
Suppose
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
參考答案:
more
milk
and
more
T-shirts.
The
primary
purpose
of
measuring
the
overall
level
of
prices
in
the
economy
is
to
參考答案:
allow
for
the
comparison
of
dollar
figures
from
different
points
in
time.
第三章測(cè)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
參考答案:
lower
this
year
than
last
year.
A
possible
source
of
this
change
in
productivity
is
a
change
in
the
size
of
thecapital
stock.
Which
of
the
following
is
an
example
of
a
produced
factor
of
production?
參考答案:
a
plant
in
which
automobiles
are
assembled
Which
of
the
following
is
considered
human
capital?
Knowledge
acquired
from
參考答案:
job
training
Ralph
is
a
plumber.
Which
of
the
following
are
included
in
his
human
capital?
參考答案:
the
knowledge
he
learned
on
the
job,
but
not
the
tools
he
uses
In
a
market
economy,
we
know
that
a
resource
has
become
scarcer
when
參考答案:
its
price
rises
relative
to
other
prices.
Suppose
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
參考答案:
more
than
inflation,
so
it
became
more
scarce.
An
understanding
of
the
best
ways
to
produce
goods
and
services
is
called
參考答案:
technology.
Your
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
參考答案:
proprietary
technological
knowledge.
Which
of
the
following
is
a
determinant
of
productivity?
參考答案:
natural
resources
per
worker
If
the
number
of
workers
in
an
economy
doubled,
all
other
inputs
stayed
the
same,
and
there
were
constant
returns
toscale,
productivity
would
參考答案:
fall,
but
it
would
still
be
greater
than
one-half
of
its
former
value.
第四章測(cè)試
Which
of
the
following
is
not
correct?
參考答案:
Minimum
wages
are
the
predominant
reason
for
unemployment
in
the
U.S.
economy.
When
a
minimum-wage
law
forces
the
wage
to
remain
above
the
equilibrium
level,
it
參考答案:
raises
the
quantity
of
labor
supplied
and
reduces
the
quantity
of
labor
demanded
compared
to
theFigure
4-2
Refer
to
Figure4-2.
At
the
equilibrium
wage,
how
many
workers
are
employed?
參考答案:
5,000
Figure4-2
Refer
to
Figure4-2.
If
the
government
imposes
a
minimum
wage
of
$4,
then
unemployment
will
increase
by
參考答案:
0
workers.
The
theory
of
efficiency
wages
explains
why
參考答案:
it
may
be
in
the
best
interest
of
firms
to
offer
wages
that
are
above
the
Caroline
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
參考答案:
All
of
the
above
are
correct.
If
there
were
no
factors
keeping
wages
from
reaching
equilibrium
then
there
would
be
no
參考答案:
structural
unemployment.
More
generous
unemployment
insurance
would
參考答案:
raise
frictional
unemployment.
Suppose
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
參考答案:
frictional
unemployment
created
by
sectoral
shifts.
Table
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?
參考答案:
5.6%
第五章測(cè)試
On
a
bank's
Taccount,
which
are
part
of
the
bank’s
assets?
參考答案:
reserves
but
not
deposits
made
by
its
customers
A
bank
loans
Kellie's
Shop
$350,000
to
remodel
a
building
near
campus
to
use
as
a
new
store.
On
their
respectivebalance
sheets,
this
loan
is
參考答案:
an
asset
for
the
bank
and
a
liability
for
Kellie's
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.
參考答案:
It
has
$800
in
reserves
and
$9,200
in
loans.
If
the
reserve
requirement
is
12
percent
and
banks
desire
to
hold
no
excess
reserves,
when
a
bank
receives
a
new
depositof
$1,000,
參考答案:
it
will
be
able
to
make
new
loans
up
to
a
maximum
of
$880.
If
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
參考答案:
increase
by
$200
while
wealth
does
not
change.
If
the
central
bank
in
some
country
raised
the
reserve
requirement,
then
the
money
multiplier
for
that
country
參考答案:
would
decrease.
If
the
reserve
ratio
is
15
percent,
the
money
multiplier
is
參考答案:
6.7.
Table
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
參考答案:
8.5
percent.
When
the
Fed
conducts
open-market
purchases,
參考答案:
it
buys
Treasury
securities,
which
increases
the
money
supply.
The
Fed
can
increase
the
money
supply
by
conducting
open-market
參考答案:
purchases
or
by
lowering
the
discount
rate.
第六章測(cè)試
According
to
the
classical
dichotomy,
when
the
money
supply
doubles
which
of
the
following
doubles?
參考答案:
the
price
level
and
nominal
GDP
Based
on
the
quantity
equation,
if
M
=
8,000,
P
=
3,
and
Y
=
12,000,
then
V
=
參考答案:
4.5.
If
when
the
money
supply
changes,
real
output
and
velocity
do
not
change,
then
a
2
percent
increase
in
the
money
supply
參考答案:
increases
the
price
level
by
2
percent.
The
inflation
tax
refers
to
參考答案:
the
revenue
a
government
creates
by
printing
money.
Suppose
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
參考答案:
both
higher
inflation
and
higher
nominal
interest
rates.
When
Haley
states
that
inflation
by
itself
always
reduces
the
real
return
on
her
saving,
she
參考答案:
has
committed
the
inflation
fallacy.
Menu
costs
refers
to
參考答案:
the
cost
of
more
frequent
price
changes
induced
by
higher
inflation.
Higher
inflation
makes
relative
prices
參考答案:
more
variable,
making
it
less
likely
that
resources
will
be
allocated
to
their
best
use.
Given
a
nominal
interest
rate
of
6
percent,
in
which
of
the
following
cases
would
you
earn
the
lowest
after-tax
real
rate
ofinterest?
參考答案:
Inflation
is
4
percent;
the
tax
rate
is
5
percent.
Kaitlyn
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?
參考答案:
$100
第七章測(cè)試
Which
of
the
following
would
both
shift
aggregate
demand
right?
參考答案:
taxes
decrease
and
government
expenditures
increase.
Other
things
the
same,
which
of
the
following
is
correct?
參考答案:
If
speculators
lose
confidence
in
the
American
economy,
the
dollar
depreciates.
Aggregate
demand
shifts
right.
T
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