红河学院2009-2010学年秋季学期 《宏观经济学》期末考复习指南
一、选择题 (每小题 1 分)
1．Real GDP a. evaluates current production at current prices. 在目前的价格评估目前的产量。
b. evaluates current production at the prices that prevailed in some specific year in the past. 评估的价格，在一些特定的一年，在过去流行现有生产。
c. is not a valid measure of the economy's performance, since prices change from year to year. 是不是经济表现有效的措施，因为价格从一年来的变化。
d. is a measure of the value of goods only, hence, it excludes the value of services是不是经济表现有效的措施，因为价格从一年来的变化。.
2．The steps involved in calculating the consumer price index include, in order: 在计算居
民消费价格指数所涉及的步骤包括，以便：
a. choose a base year, fix the basket, compute the inflation rate, compute the basket's cost, and compute the index. 在计算居民消费价格指数所涉及的步骤包括，以便： b. choose a base year, find the prices, fix the basket, compute the basket's cost, and compute the index. 在计算居民消费价格指数所涉及的步骤包括，以便： c. fix the basket, find the prices, compute the basket's cost, choose a base year and compute the index. 固定篮子，觉得价格，计算篮子的成本，选择一个基准年和计算指数。
d. fix the basket, find the prices, compute the inflation rate, choose a base year and compute the index. 固定篮子，觉得价格，通货膨胀率计算，选择和计算基准年的指标。
3．Suppose the price of a quart of milk rises from $1 to $1.25 and the price of a T-shirt rises from $8 to $10. If the CPI rises from 150 to 175 people will likely buy假设从1美元到1.25美元的价格的T -恤衫，从8美元上升了一夸脱牛奶的价格上涨到10美元。如果消费物价指数上升将可能购买150至175人
a. more milk and more T-shirts. 更多的牛奶和更多的T恤衫。 b. more milk and fewer T-shirts. c. less milk and more T-shirts. d. less milk and fewer T-shirts.
4．Which of the following is correct?
a. Countries with the highest growth rates over the last 100 years are the ones that
had the highest level of real GDP 100 years ago.
b. Most countries have had little fluctuation around their average growth rates during the past 100 years.
c. The ranking of countries by income changes substantially over time.
d. Over the last 100 years, Japan had the highest real GDP growth rate, and now has the highest real GDP per person.
5．Using the production function and notation in the text, K/L measures
a. natural resources per worker. b. human capital per worker.
c. output per worker. d. physical capital per worker. 以下4.Which是正确的？
字母a.与过去100年来的最高增长速度的国家是那些有实际国内生产总值100年前的最高水平。
湾大多数国家有大约的平均增长率在过去100年小的波动。
角按收入变化的国家排名大幅随着时间的推移。
d.在过去的100年，日本实际国内生产总值最高的增长率，现在已经是最高的人均实际国内生产总值。
5使用的文字，钾/ L的生产函数和符号措施
字母a.每个工人的自然资源。
湾每个工人的人力资本。
角人均产出。
d.每个工人的实物资本。
6.Index基金
字母a.通常对更积极管理型基金相同的回报率。
湾通常比更加积极管理型基金的回报率较低。
角包含从一个单一的标准指数的行业分类的股票和债券。
d.通常比更加积极管理型基金的回报率更高。
7.In结束8.At利息率是一百六十二点二四美元两年，由今日相当于150美元的现值呢？
字母a.百分之四 湾百分之五 角百分之六
d.以上都不是正确的最近的一分钱。 以下9.Which是不正确的？
字母a.摩擦性失业是不可避免的经济充满活力。
湾虽然由部门转变造成的失业是不幸的，导致从长远来看这种变化对提高生产力和提高人民生活水平。
角至少有10个美国制造业就业机会百分之每年被摧毁。 d.在一个典型的一个月超过百分之五工人离开工作岗位。
6．Index funds
a. typically have about the same rate of return as more actively managed funds. b. typically have lower rates of return than more actively managed funds. c. contain the stocks and bonds from a single Standard Index Classification of industry.
d. typically have higher rates of return than more actively managed funds.
7．In a closed economy, national saving equals
a. investment.
b. income minus the sum of consumption and government expenditures. c. private saving plus public saving. d. All of the above are correct.
8．At which interest rate is the present value of $162.24 two years from today equal to $150
today?
a. 4 percent b. 5 percent c. 6 percent
d. None of the above are correct to the nearest penny.
9．Which of the following is incorrect?
a. Frictional unemployment is inevitable in a dynamic economy.
b. Although the unemployment created by sectoral shifts is unfortunate, in the long run such changes lead to higher productivity and higher living standards. c. At least 10 percent of U.S. manufacturing jobs are destroyed every year. d. In a typical month more than 5 percent of workers leave their jobs.
Last Bank of Cedar Bend
10．Use the balance sheet资产负债表，决算表，平衡表 for the following question.
Assets
Reserves $25,000 Loans $125,000
Liabilities Deposits
$150,000
If the reserve requirement is 10 percent, this bank如果储备的要求是百分之十，这一禁令
a. is in a position to make a new loan of $15,000. b. has less reserves than required. c. has excess reserves of less than $15,000. d. None of the above are correct.
11．Which of the following lists ranks the Fed's monetary policy tools from most to least
frequently used?
a. discount rate changes, reserve requirement changes, open market transactions b. reserve requirement changes, open market transactions, discount rate changes c. open market transactions, discount rate changes, reserve requirement changes d. None of the above lists ranks the tools correctly.
12．A decrease in the money supply creates an excess
a. supply of money that is eliminated by rising prices. b. supply of money that is eliminated by falling prices. c. demand for money that is eliminated by rising prices. d. demand for money that is eliminated by falling prices.
13．Given a nominal interest rate of 6 percent, in which case would you earn the lowest
after-tax real rate of interest?
a. Inflation is 4 percent; the tax rate is 25 percent. b. Inflation is 3 percent; the tax rate is 20 percent. c. Inflation is 2 percent; the tax rate is 15 percent.
d. The after-tax real interest rate is the same for all of the above.
14．In recent years, U.S. net capital outflow was
a. positive and net exports were negative. b. positive and net exports were positive. c. negative and net exports were negative. d. negative and net exports were positive.
15．If a country has business opportunities that are relatively attractive to other countries,
we would expect it to have
a. both positive net exports and positive net capital outflow. b. both negative net exports and negative net capital outflow.
c. positive net exports and negative net capital outflow. d. negative net exports and positive net capital outflow.
16．On behalf of your firm, you make frequent trips to Hong Kong. You notice that you
always have to pay more dollars to get enough local currency to get your hair styled than you have to pay to get your hair styled in the United States. This is
a. inconsistent with purchasing-power parity, but might be explained by limited opportunities for arbitrage in hairstyling across international borders.
b. consistent with purchasing-power parity if prices in Hong Kong are rising more rapidly than prices in the United States.
c. consistent with purchasing-power parity if prices in Hong Kong are rising less rapidly than prices in the United States. d. None of the above is correct.
17．Ceteris paribus, if the Canadian real interest rate were to increase, Canadian net capital
outflow
a. and net capital outflow of other countries would rise. b. and net capital outflow of other countries would fall.
c. would rise, while net capital outflow of other countries would fall. d. would fall, while net capital outflow of other countries would rise.
18．If a government increases its budget deficit, then the real exchange rate
a. and domestic investment rise. b. and domestic investment fall. c. rises and domestic investment falls. d. falls and domestic investment rises.
19．Which of the following is the correct way to show the effects of a new import quota?
a. shift the demand for loanable funds right, the supply of dollars for foreign exchange right, and the demand for dollars left
b. shift the demand for loanable funds right, and the supply of dollars for foreign exchange left
c. shift the demand for dollars for foreign exchange left d. None of the above is correct.
20．A large and sudden movement of funds out of a country is called
a. arbitrage. b. capital flight. c. crowding out. d. capital mobility.