中级宏观经济学（双语）（山东联盟）智慧树知到答案2024年山东财经大学

中级宏观经济学（双语）（山东联盟）山东财经大学智慧树知到答案2024年第一章测试

Macroeconomicsdoesnottrytoanswerthequestionof:

A:whatcausesrecessionsanddepressions.B:whatistherateofreturnoneducation.C:whydosomecountrieshavehighratesofinflation.D:whydosomecountriesexperiencerapidgrowth

答案:BAllofthefollowingaretypesofmacroeconomicsdataexceptthe:

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

答案:DThetotalincomeofeveryoneintheeconomyadjustedforthelevelofbaseyearpricesiscalled:

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

答案:BRealGDP______overtimeandthegrowthrateofrealGDP______.

A:grows;fluctuatesB:issteady;fluctuatesC:grows;issteadyD:issteady;issteady

答案:AAperiodoffallingpricesiscalled:

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

答案:D

第二章测试

Theassumptionofcontinuousmarketclearingmeansthat:

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

答案:CAllofthefollowingstatementsaboutstickypricesaretrueexcept:

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

答案:DTheassumptionofflexiblepricesisamoreplausibleassumptionwhenappliedtopricechangesthatoccur:

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

答案:CGNPequalsGDP______incomeearneddomesticallybyforeigners______incomethatnationalsearnabroad.

A:minus;minusB:plus;minusC:minus;plusD:plus;plus

答案:CThelargestcomponentofnationalincomeis:

A:compensationofemployees.B:proprietors'income.C:netinterest.D:corporateprofits.

答案:AIfnominalGDPgrewby5percentandrealGDPgrewby3percent,thentheGDPdeflatorgrewbyapproximately______percent.

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

答案:A

第三章测试

Inthelongrun,thelevelofnationalincomeinaneconomyisdeterminedbyits:

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

答案:CAtanyparticularpointintime,theoutputoftheeconomy:

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

答案:DInaCobb-douglasproductionfunctionthemarginalproductoflaborwillincreaseif:

A:thequantityofcapitalincreases.B:averagelaborproductivitydecreases.C:capital'sshareofoutputincreases.D:thequantityoflaborincreases.

答案:AAccordingtotheneoclassicaltheoryofdistribution,inaneconomydescribedbyaCobb-douglasproductionfunction,workersshouldexperiencehighratesofrealwagegrowthwhen:

A:realinterestratesarehigh.B:capital'sshareofincomeisgrowingrapidly.C:averagelaborproductivityisgrowingrapidly.D:realinterestratesarelow.

答案:CIntheclassicalmodelwithfixedincome,anincreaseintherealinterestratecouldbetheresultofa(n):

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

答案:A

第四章测试

Money'sliquidityreferstotheeasewithwhich:

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

答案:BInafractional-reservebankingsystem,bankscreatemoneywhenthey:

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

答案:CIfthecurrency-epositratioequals0.5andthereserve-epositratioequals0.1,thenthemoneymultiplierequals

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

答案:AWhentheFedmakesanopen-marketsale,it:

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

答案:CWhentheFederalReserveconductsanopen-marketpurchase,itbuysbondsfromthe:

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

答案:B

第五章测试

Ifthedemandforrealmoneybalancesisproportionaltorealincome,velocitywill:

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

答案:AThequantityequationformoney,byitself:

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

答案:CInthelongrun,accordingtothequantitytheoryofmoneyandtheclassicalmacroeconomictheory,ifvelocityisconstant,then______determinesrealGDPand______determinesnominalGDP.

A:theproductivecapabilityoftheeconomy;themoneysupplyB:themoneysupply;theproductivecapabilityoftheeconomyC:velocity;themoneysupplyD:themoneysupply;velocity

答案:AAccordingtotheclassicaldichotomy,whenthemoneysupplydecreases,_____willdecrease.

A:realGDPB:consumptionspendingC:investmentspendingD:thepricelevel

答案:DTheconceptofmonetaryneutralityintheclassicalmodelmeansthatanincreaseinthemoneysupplywillincrease:

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

答案:A

第六章测试

Netcapitaloutflowisequalto:

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

答案:AIfdomesticsavingexceedsdomesticinvestment,thennetexportsare______andnetcapitaloutflowsare______.

A:negative;positiveB:negative;negativeC:positive;negativeD:positive;positive

答案:DInasmallopeneconomy,ifexportsequal$5billionandimportsequal$7billion,thenthereisatrade______and______netcapitaloutflow.

A:surplus;negativeB:deficit;positiveC:deficit;negativeD:surplus;positive

答案:CStartingfromatradebalance,iftheworldinterestratefalls,then,holdingotherfactorsconstant,inasmallopeneconomytheamountofdomesticinvestmentwill_____andnetexportswill_____.

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

答案:DIfpurchasing-powerparityholds,thenchangesindomesticsavingwill_____therealexchangerate.

A:eitherincreaseordecreaseB:increaseC:notchangeD:decrease

答案:C

第七章测试

Apolicythatdecreasesthejobseparationrate_____thenaturalrateofunemployment.

A:willdecreaseB:couldeitherincreaseordecreaseC:willincreaseD:willnotchange

答案:AAnypolicyaimedatloweringthenaturalrateofunemploymentmusteither______therateofjobseparationor______therateofjobfinding.

A:reduce;increaseB:reduce;reduceC:increase;reduceD:increase;increase

答案:ATheunemploymentresultingfromwagerigidityandjobrationingiscalled______unemployment.

A:insiderB:frictionalC:minimum-wageD:structural

答案:DTheminimumwage:

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

答案:BWhichofthefollowingisthebestexampleofstructuralunemployment?

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

答案:A

第八章测试

TwoeconomiesareidenticalexceptthatthelevelofcapitalperworkerishigherinHighlandthaninLowland.Theproductionfunctionsinbotheconomiesexhibitdiminishingmarginalproductofcapital.Anextraunitofcapitalperworkerincreasesoutputperworker:

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

答案:AIntheSolowgrowthmodelthesavingratedeterminestheallocationofoutputbetween:

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

答案:DIntheSolowgrowthmodel,thesteady-stateoccurswhen:

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

答案:AIntheSolowgrowthmodel,thesteadystatelevelofoutputperworkerwouldbehigherifthe_____increasedorthe_____decreased.

A:populationgrowthrate;savingrateB:populationgrowthrate;depreciationrateC:depreciationrate;populationgrowthrateD:savingrate;depreciationrate

答案:DIntheSolowgrowthmodel,withagivenproductionfunction,depreciationrate,savingrate,andnotechnologicalchange,higherratesofpopulationgrowthproduce:

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

答案:D

第九章测试

TheGoldenRulelevelofthesteady-statecapitalstock:

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

答案:DIfaneconomyisinasteadystatewithnopopulationgrowthortechnologicalchangeandthemarginalproductofcapitalislessthanthedepreciationrate:

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

答案:CIfaneconomyisinasteadystatewithasavingratebelowtheGoldenRulelevel,effortstoincreasethesavingrateresultin:

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

答案:DWhenaneconomybeginsabovetheGoldenRule,reachingtheGoldenRule:

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

答案:AIntheSolowgrowthmodelofaneconomywithpopulationgrowthbutnotechnologicalchange,thebreak-evenlevelofinvestmentmustdoallofthefollowingexcept:

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

答案:D

第十章测试

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

A:upward;steeperB:downward;steeperC:downward;flatterD:upward;flatter

答案:CAshort-runaggregatesupplycurveshowsfixed______,andalong-runaggregatesupplycurveshowsfixed______.

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

答案:AIfthelong-runaggregatesupplycurveisvertical,thenchangesinaggregatedemandaffect:

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

答案:DAssumethattheeconomystartsfromlong-runequilibrium.IftheFederalReserveincreasesthemoneysupply,then______increase(s)intheshortrunand______increase(s)inthelongrun.

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

答案:CMonetaryneutralityisacharacteristicoftheaggregatedemand朼ggregatesupplymodelin:

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

答案:A

第十一章测试

TwointerpretationsoftheIS-LMmodelarethatthemodelexplains:

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

答案:BIntheKeynesian-crossmodel,actualexpendituresdifferfromplannedexpendituresbytheamountof:

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

答案:DAlonganygivenIScurve:

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

答案:CIntheKeynesian-crossmodel,adecreaseintheinterestrate______plannedinvestmentspendingand______theequilibriumlevelofincome

A:decreases;decreasesB:increases;decreasesC:increases;increasesD:decreases;increases

答案:CAnIScurveshowscombinationsof:

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

答案:DIftheinterestrateisabovetheequilibriumvalue,the:

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

答案:D

第十二章测试

IntheIS?LMmodelwhentaxationincreases,inshort-runequilibrium,theinterestrate______andoutput______.

A:falls;fallsB:falls;risesC:rises;fallsD:rises;rises

答案:AUsingtheIS-LManalysis,iftheLMcurveisnothorizontal,themultiplierforanincreaseingovernmentspendingis______foranincreaseingovernmentpurchasesusingtheKeynesian-crossanalysis.

A:largerthanthemultiplierB:thesameasthemultiplierC:smallerthanthemultiplierD:sometimeslargerandsometimessmallerthanthemultiplier

答案:CAneconomicchangethatdoesnotshifttheaggregatedemandcurveisachangein:

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

答案:BAtaxcutshiftsthe______totheright,andtheaggregatedemandcurve__

A:LM;doesnotshiftB:LM:shiftstotherightC:IS;shiftstotherightD:IS;doesnotshift

答案:CIfrealmoneybalancesentertheIS?LMmodelboththroughthetheoryofliquiditypreferenceandthePigoueffect,thenafallinthepricelevelwillshift:

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

答案:D

第十三章测试

IntheMundell-Flemingmodel,thedomesticinterestrateisdeterminedbythe:

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

答案:AIfshort-runequilibriumintheMundell-FlemingmodelisrepresentedbyagraphwithYalongthehorizontalaxisandtheexchangeratealongtheverticalaxis,thentheLM*curve:

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

答案:DInasmallopeneconomywithafloatingexchangerate,ifthegovernmentincreasesthemoneysupply,theninthenewshort-runequilibriumthe:

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

答案:BTomaintainafixed-exchange-r