中級宏觀經(jīng)濟學（雙語）（山東聯(lián)盟）智慧樹知到課后章節(jié)答案2023年下山東財經(jīng)大學

中級宏觀經(jīng)濟學（雙語）（山東聯(lián)盟）智慧樹知到課后章節(jié)答案2023年下山東財經(jīng)大學山東財經(jīng)大學

第一章測試

Macroeconomicsdoesnottrytoanswerthequestionof:

A:whatistherateofreturnoneducation.B:whydosomecountriesexperiencerapidgrowthC:whatcausesrecessionsanddepressions.D:whydosomecountrieshavehighratesofinflation.

答案:whatistherateofreturnoneducation.

Allofthefollowingaretypesofmacroeconomicsdataexceptthe:

A:unemploymentrate.B:inflationrate.C:growthrateofrealGDP.D:priceofanIBMcomputer.

答案:priceofanIBMcomputer.

Thetotalincomeofeveryoneintheeconomyadjustedforthelevelofbaseyearpricesiscalled:

A:realGDP.B:abusinessfluctuation.C:aninflation.D:arecession.

答案:realGDP.

RealGDP______overtimeandthegrowthrateofrealGDP______.

A:issteady;issteadyB:grows;issteadyC:issteady;fluctuatesD:grows;fluctuates

答案:grows;fluctuates

Aperiodoffallingpricesiscalled:

A:adepression.B:deflation.C:inflation.D:arecession.

答案:deflation.

第二章測試

Theassumptionofcontinuousmarketclearingmeansthat:

A:buyerscanbuyallthattheywantatthegoingprice.B:sellerscansellallthattheywantatthegoingprice.C:inanygivenmonth,buyerscanbuyallthattheywantandsellerscansellallthattheywantatthegoingprice.D:atanygiveninstant,buyerscanbuyallthattheywantandsellerscansellallthattheywantatthegoingprice.

答案:atanygiveninstant,buyerscanbuyallthattheywantandsellerscansellallthattheywantatthegoingprice.

Allofthefollowingstatementsaboutstickypricesaretrueexcept:

A:thesticky-pricemodeldescribestheequilibriumtowardwhichtheeconomyslowlygravitates.B:magazinepublisherstendtochangetheirnewsstandpricesonlyeverythreeorfouryears.C:forstudyingyear-to-yearfluctuations,mostmacroeconomistsbelievethatpricestickinessisabetterassumptionthanispriceflexibility.D:intheshortrun,somewagesandpricesaresticky.

答案:thesticky-pricemodeldescribestheequilibriumtowardwhichtheeconomyslowlygravitates.

Theassumptionofflexiblepricesisamoreplausibleassumptionwhenappliedtopricechangesthatoccur:

A:fromminutetominute.B:inthelongrun.C:intheshortrun.D:fromyeartoyear.

答案:inthelongrun.

GNPequalsGDP______incomeearneddomesticallybyforeigners______incomethatnationalsearnabroad.

A:minus;plusB:plus;plusC:minus;minusD:plus;minus

答案:minus;plus

IfnominalGDPgrewby5percentandrealGDPgrewby3percent,thentheGDPdeflatorgrewbyapproximately______percent.

A:3B:5C:8D:2

答案:2

第三章測試

Inthelongrun,thelevelofnationalincomeinaneconomyisdeterminedbyits:

A:governmentbudgetsurplusordeficit.B:realandnominalinterestrate.C:rateofeconomicandaccountingprofit.D:factorsofproductionandproductionfunction.

答案:factorsofproductionandproductionfunction.

Atanyparticularpointintime,theoutputoftheeconomy:

A:isfixedbecausethesuppliesofcapitalandlaborandthetechnologyarefixed.B:variesbecausethesuppliesofcapitalandlaborvary.C:variesbecausethetechnologyforturningcapitalandlaborintogoodsandservicesvaries.D:isfixedbecausethedemandforgoodsandservicesisfixed.

答案:isfixedbecausethesuppliesofcapitalandlaborandthetechnologyarefixed.

Intheclassicalmodelwithfixedincome,anincreaseintherealinterestratecouldbetheresultofa(n):

A:increaseingovernmentspending.B:decreaseingovernmentspending.C:decreaseindesiredinvestment.D:increaseintaxes.

答案:increaseingovernmentspending.

第四章測試

Money'sliquidityreferstotheeasewithwhich:

A:moneycanbeconvertedintogoodsandservices.B:coinscanbemelteddown.C:illegallyobtainedmoneycanbelaundered.D:loanscanbefloated.

答案:moneycanbeconvertedintogoodsandservices.

Inafractional-reservebankingsystem,bankscreatemoneywhenthey:

A:exchangecurrencyfordeposits.B:holdreserves.C:acceptdeposits.D:makeloans.

答案:makeloans.

Ifthecurrency-epositratioequals0.5andthereserve-epositratioequals0.1,thenthemoneymultiplierequals

A:2.0.B:2.5.C:1.67.D:0.6.

答案:2.5.

WhentheFedmakesanopen-marketsale,it:

A:decreasesthemonetarybase(B).B:increasesthecurrency-depositratio(cr).C:increasesthemonetarybase(B).D:increasesthemoneymultiplier(m).

答案:decreasesthemonetarybase(B).

WhentheFederalReserveconductsanopen-marketpurchase,itbuysbondsfromthe:

A:public.B:InternalRevenueService.C:U.S.Treasury.D:InternationalMonetaryFund.

答案:public.

第五章測試

Ifthedemandforrealmoneybalancesisproportionaltorealincome,velocitywill:

A:increaseasincomedecreases.B:remainconstant.C:varydirectlywiththeinterestrate.D:increaseasincomeincreases.

答案:remainconstant.

Thequantityequationformoney,byitself:

A:impliesthatrealgrossdomesticproduct(GDP)isproportionaltothemoneysupply.B:impliesthatthepricelevelisproportionaltothemoneysupply.C:maybethoughtofasadefinitionforvelocityofmoney.D:impliesthatthevelocityofmoneyisconstant.

答案:maybethoughtofasadefinitionforvelocityofmoney.

Inthelongrun,accordingtothequantitytheoryofmoneyandtheclassicalmacroeconomictheory,ifvelocityisconstant,then______determinesrealGDPand______determinesnominalGDP.

A:themoneysupply;theproductivecapabilityoftheeconomyB:themoneysupply;velocityC:velocity;themoneysupplyD:theproductivecapabilityoftheeconomy;themoneysupply

答案:theproductivecapabilityoftheeconomy;themoneysupply

Accordingtotheclassicaldichotomy,whenthemoneysupplydecreases,_____willdecrease.

A:consumptionspendingB:thepricelevelC:realGDPD:investmentspending

答案:thepricelevel

Theconceptofmonetaryneutralityintheclassicalmodelmeansthatanincreaseinthemoneysupplywillincrease:

A:bothsavingandinvestmentbythesameamount.B:nominalinterestrates.C:realGDP.D:realinterestrates.

答案:nominalinterestrates.

第六章測試

Netcapitaloutflowisequalto:

A:nationalsavingminusdomesticinvestment.B:nationalsavingminusthetradebalance.C:domesticinvestmentplusthetradebalance.D:domesticinvestmentminusnationalsaving.

答案:nationalsavingminusdomesticinvestment.

Ifdomesticsavingexceedsdomesticinvestment,thennetexportsare______andnetcapitaloutflowsare______.

A:negative;negativeB:negative;positiveC:positive;negativeD:positive;positive

答案:positive;positive

Inasmallopeneconomy,ifexportsequal$5billionandimportsequal$7billion,thenthereisatrade______and______netcapitaloutflow.

A:surplus;negativeB:surplus;positiveC:deficit;positiveD:deficit;negative

答案:deficit;negative

Startingfromatradebalance,iftheworldinterestratefalls,then,holdingotherfactorsconstant,inasmallopeneconomytheamountofdomesticinvestmentwill_____andnetexportswill_____.

A:increase,notchangeB:increase;decreaseC:increase;increaseD:decrease;increase

答案:increase;decrease

Ifpurchasing-powerparityholds,thenchangesindomesticsavingwill_____therealexchangerate.

A:increaseB:eitherincreaseordecreaseC:notchangeD:decrease

答案:notchange

第七章測試

Apolicythatdecreasesthejobseparationrate_____thenaturalrateofunemployment.

A:couldeitherincreaseordecreaseB:willdecreaseC:willincreaseD:willnotchange

答案:willdecrease

Anypolicyaimedatloweringthenaturalrateofunemploymentmusteither______therateofjobseparationor______therateofjobfinding.

A:increase;reduceB:increase;increaseC:reduce;increaseD:reduce;reduce

答案:reduce;increase

Theunemploymentresultingfromwagerigidityandjobrationingiscalled______unemployment.

A:structuralB:minimum-wageC:insiderD:frictional

答案:structural

Theminimumwage:

A:encouragesmasterworkerstotakeonapprentices.B:hasitsgreatestimpactonteenageunemployment.C:isusuallyabout75percentoftheaveragewageearnedinmanufacturing.D:raisesthewagesofhighlyskilledworkers.

答案:hasitsgreatestimpactonteenageunemployment.

Whichofthefollowingisthebestexampleofstructuralunemployment?

A:Vickielostherjobasagraphicartistatamoviestudiobecauseshedidnothavetrainingincomputer-generatedanimation.B:Timislookingforajobwithflexiblehoursbuthasnotbeenofferedoneyet.C:Kirbyisseekingajobasanairlinepilot,butthehighunionwagesintheindustryhavelimitedthenumberofjobsavailable.D:Fatimalostherjobatapackingplantbuthasnotlookedveryintensivelyforanewjobbecauseshestillhas2monthsofunemploymentinsurancebenefitsleft.

答案:Kirbyisseekingajobasanairlinepilot,butthehighunionwagesintheindustryhavelimitedthenumberofjobsavailable.

第八章測試

TwoeconomiesareidenticalexceptthatthelevelofcapitalperworkerishigherinHighlandthaninLowland.Theproductionfunctionsinbotheconomiesexhibitdiminishingmarginalproductofcapital.Anextraunitofcapitalperworkerincreasesoutputperworker:

A:moreinLowland.B:bythesameamountinHighlandandLowland.C:inHighland,butnotinLowland.D:moreinHighland.

答案:moreinLowland.

IntheSolowgrowthmodelthesavingratedeterminestheallocationofoutputbetween:

A:outputandcapital.B:savingandinvestment.C:investmentandconsumption.D:consumptionandoutput.

答案:investmentandconsumption.

IntheSolowgrowthmodel,thesteady-stateoccurswhen:

A:capitalperworkerisconstant.B:thesavingrateequalsthedepreciationrate.C:outputperworkerequalsconsumptionperworker.D:consumptionperworkerismaximized.

答案:capitalperworkerisconstant.

IntheSolowgrowthmodel,thesteadystatelevelofoutputperworkerwouldbehigherifthe_____increasedorthe_____decreased.

A:savingrate;depreciationrateB:populationgrowthrate;savingrateC:populationgrowthrate;depreciationrateD:depreciationrate;populationgrowthrate

答案:savingrate;depreciationrate

IntheSolowgrowthmodel,withagivenproductionfunction,depreciationrate,savingrate,andnotechnologicalchange,higherratesofpopulationgrowthproduce:

A:highersteady-stategrowthratesofoutputperworker.B:highersteady-stategrowthratesoftotaloutput.C:highersteady-stateratiosofcapitalperworker.D:highersteady-statelevelsofoutputperworker.

答案:highersteady-stategrowthratesoftotaloutput.

第九章測試

TheGoldenRulelevelofthesteady-statecapitalstock:

A:shouldbeavoidedbyanenlightenedgovernment.B:willbereachedautomaticallyifeachpersonsavesenoughtoprovideforhisorherretirement.C:willbereachedautomaticallyifthesavingrateremainsconstantoveralongperiodoftime.D:impliesachoiceofaparticularsavingrate.

答案:impliesachoiceofaparticularsavingrate.

Ifaneconomyisinasteadystatewithnopopulationgrowthortechnologicalchangeandthemarginalproductofcapitalislessthanthedepreciationrate:

A:steady-stateconsumptionperworkerwouldbehigherinasteadystatewithalowersavingrate.B:steady-stateconsumptionperworkerwouldbehigherinasteadystatewithahighersavingrate.C:thedepreciationrateshouldbedecreasedtoachievetheGoldenRulelevelofconsumptionperworker.D:theeconomyisfollowingtheGoldenRule.

答案:steady-stateconsumptionperworkerwouldbehigherinasteadystatewithalowersavingrate.

IfaneconomyisinasteadystatewithasavingratebelowtheGoldenRulelevel,effortstoincreasethesavingrateresultin:

A:bothhigherper-capitaoutputandhigherper-capitadepreciation,buttheincreaseinper-capitadepreciationwouldbegreater.B:bothhigherper-capitaoutputandhigherper-capitadepreciation,buttheincreaseinper-capitaoutputwouldbegreater.C:higherper-capitaoutputandlowerper-capitadepreciation.D:lowerper-capitaoutputandhigherper-capitadepreciation.

答案:bothhigherper-capitaoutputandhigherper-capitadepreciation,buttheincreaseinper-capitaoutputwouldbegreater.

WhenaneconomybeginsabovetheGoldenRule,reachingtheGoldenRule:

A:produceslowerconsumptionatalltimesinthefuture.B:produceshigherconsumptionatalltimesinthefuture.C:requiresinitiallyincreasingconsumptiontodecreaseconsumptioninthefuture.D:requiresinitiallyreducingconsumptiontoincreaseconsumptioninthefuture.

答案:produceshigherconsumptionatalltimesinthefuture.

IntheSolowgrowthmodelofaneconomywithpopulationgrowthbutnotechnologicalchange,thebreak-evenlevelofinvestmentmustdoallofthefollowingexcept:

A:providecapitalfornewworkers.B:offsetthedepreciationofexistingcapital.C:equalthemarginalproductivityofcapital(MPK).D:keepthelevelofcapitalperworkerconstant.

答案:equalthemarginalproductivityofcapital(MPK).

第十章測試

IfanaggregatedemandcurveisdrawnwithrealGDP(Y)alongthehorizontalaxisandthepricelevel(P)alongtheverticalaxis,usingthequantitytheoryofmoneyasatheoryofaggregatedemand,thiscurveslopes______totherightandgets______asitmovesfarthertotheright.

A:downward;flatterB:downward;steeperC:upward;steeperD:upward;flatter

答案:downward;flatter

Ashort-runaggregatesupplycurveshowsfixed______,andalong-runaggregatesupplycurveshowsfixed______.

A:output;outputB:prices;outputC:prices;pricesD:output;prices

答案:prices;output

Ifthelong-runaggregatesupplycurveisvertical,thenchangesinaggregatedemandaffect:

A:neitherpricesnorlevelofoutput.B:bothpricesandlevelofoutput.C:levelofoutputbutnotprices.D:pricesbutnotlevelofoutput.

答案:pricesbutnotlevelofoutput.

Assumethattheeconomystartsfromlong-runequilibrium.IftheFederalReserveincreasesthemoneysupply,then______increase(s)intheshortrunand______increase(s)inthelongrun.

A:output;outputB:output;pricesC:prices;pricesD:prices;output

答案:output;prices

Monetaryneutralityisacharacteristicoftheaggregatedemand朼ggregatesupplymodelin:

A:inneithertheshortrunnorthelongrun.B:inthelongrun,butnotintheshortrun.C:intheshortrun,butnotinthelongrun.D:boththeshortrunandthelongrun.

答案:inthelongrun,butnotintheshortrun.

第十一章測試

TwointerpretationsoftheIS-LMmodelarethatthemodelexplains:

A:changesingovernmentspendingandtaxes,orthedeterminationofthesupplyofrealmoneybalances.B:thedeterminationofinvestmentandsaving,orwhatshiftstheliquiditypreferenceschedule.C:theshort-runquantitytheoryofincome,ortheshort-runFishereffect.D:thedeterminationofincomeintheshortrunwhenpricesarefixed,orwhatshiftstheaggregatedemandcurve.

答案:thedeterminationofincomeintheshortrunwhenpricesarefixed,orwhatshiftstheaggregatedemandcurve.

IntheKeynesian-crossmodel,actualexpendituresdifferfromplannedexpendituresbytheamountof:

A:realmoneybalances.B:unplannedinventoryinvestment.C:thegovernment-purchasesmultiplier.D:liquiditypreference.

答案:unplannedinventoryinvestment.

AlonganygivenIScurve:

A:governmentspendingisfixed,buttaxratesvary.B:bothgovernmentspendingandtaxratesvary.C:bothgovernmentspendingandtaxratesarefixed.D:taxratesarefixed,butgovernmentspendingvaries.

答案:bothgovernmentspendingandtaxratesarefixed.

IntheKeynesian-crossmodel,adecreaseintheinterestrate______plannedinvestmentspendingand______theequilibriumlevelofincome

A:increases;decreasesB:increases;increasesC:decreases;increasesD:decreases;decreases

答案:increases;increases

AnIScurveshowscombinationsof:

A:interestratesandincomethatbringequilibriuminthemarketforgoodsandservices.B:taxesandgovernmentspending.C:nominalmoneybalancesandpricelevels.D:interestratesandincomethatbringequilibriuminthemarketforrealbalances.

答案:interestratesandincomethatbringequilibriuminthemarketforgoodsandservices.

Iftheinterestrateisabovetheequilibriumvalue,the:

A:demandforrealbalancesincreases.B:supplyofrealbalancesexceedsthedemand.C:demandforrealbalancesexceedsthesupply.D:marketforrealbalancesclears.

答案:supplyofrealbalancesexceedsthedemand.

第十二章測試

IntheIS?LMmodelwhentaxationincreases,inshort-runequilibrium,theinterestrate______andoutput______.

A:rises;risesB:falls;fallsC:falls;risesD:rises;falls

答案:falls;falls

UsingtheIS-LManalysis,iftheLMcurveisnothorizontal,themultiplierforanincreaseingovernmentspendingis______foranincreaseingovernmentpurchasesusingtheKeynesian-crossanalysis.

A:sometimeslargerandsometimessmallerthanthemultiplierB:smallerthanthemultiplierC:thesameasthemultiplierD:largerthanthemultiplier

答案:smallerthanthemultiplier

Aneconomicchangethatdoesnotshifttheaggregatedemandcurveisachangein:

A:themoneysupply.B:thepricelevel.C:theinvestmentfunction.D:taxes.

答案:thepricelevel.

Ataxcutshiftsthe______totheright,andtheaggregatedemandcurve__

A:LM:shiftstotherightB:LM;doesnotshiftC:IS;doesnotshiftD:IS;shiftstotheright

答案:IS;shiftstotheright

IfrealmoneybalancesentertheIS?LMmodelboththroughthetheoryofliquiditypreferenceandthePigoueffect,thenafallinthepricelevelwillshift:

A:neithertheLMnortheIScurve.B:onlytheLMcurve.C:boththeLMandtheIScurves.D:onlytheIScurve.

答案:boththeLMandtheIScurves.

第十三章測試

IntheMundell-Flemingmodel,thedomesticinterestrateisdeterminedbythe:

A:worldrateofinflation.B:domesticrateofinflation.C:intersectionoftheLMandIScurves.D:worldinterestrate.

答案:worldinterestrate.

Ifshort-runequilibriumintheMundell-FlemingmodelisrepresentedbyagraphwithYalongthehorizontalaxisandtheexchangeratealongtheverticalaxis,thentheLM*curve:

A:isverticalbecausemonetaryvelocityisindependentoftheinterestrate.B:isverticalbecausetheexchangeratedoesnotenterintotheLM*equation.C:slopesupwardandtotherightbecauseahigherexchangerateleadstoahigherincome.D:slopesupwardandtotherightbecauseatahigherincomeahigherinterestrateisneededtoincreasevelocity.

答案:isverticalbecausetheexchangeratedoesnotenterintotheLM*equation.

Inasmallopeneconomywithafloatingexchangerate,ifthegovernmentincreasesthemoneysupply,theninthenewshort-runequilibriumthe:

A:exchangeratefallsandnetexportsincrease.B:interestratefallsandthelevelofinvestmentrises.C:exchangeratefallsbutnetexportsdonotincrease.D:interestratefallsbutthelevelofinvestmentdoesnotrise.

答案:exchangeratefallsandnetexportsincrease.

Tomaintainafixed-exchange-ratesystem,iftheexchangeratemovesbelowthefixed-exchange-ratelevel,thenthecentralbankmust: