智慧树知到答案中级宏观经济学（双语）（山东联盟）最新答案

第三章 单元测试

1、单选题：
In the long run, the level of national income in an economy is determined by its:
选项：
A:government budget surplus or deficit.
B:rate of economic and accounting profit.
C:factors of production and production function.
D:real and nominal interest rate.
答案:

2、单选题：
At any particular point in time, the output of the economy:
选项：
A:is fixed because the supplies of capital and labor and the technology are fixed.
B:is fixed because the demand for goods and services is fixed.
C:varies because the supplies of capital and labor vary.
D:varies because the technology for turning capital and labor into goods and services varies.
答案:

3、单选题：
In a Cobb-douglas production function the marginal product of labor will increase if:
选项：
A:average labor productivity decreases.
B:the quantity of labor increases.
C:capital’s share of output increases.
D:the quantity of capital increases.
答案:

4、单选题：
According to the neoclassical theory of distribution, in an economy described by a Cobb-douglas production function, workers should experience high rates of real wage growth when:
选项：
A:average labor productivity is growing rapidly.
B:capital’s share of income is growing rapidly.
C:real interest rates are low.
D:real interest rates are high.
答案:

5、单选题：
In the classical model with fixed income, an increase in the real interest rate could be the result of a(n):
选项：
A:increase in taxes.
B:decrease in government spending.
C:increase in government spending.
D:decrease in desired investment.
答案:

第四章 单元测试

1、单选题：
Money’s liquidity refers to the ease with which:
选项：
A:money can be converted into goods and services.
B:illegally obtained money can be laundered.
C:loans can be floated.
D:coins can be melted down.
答案:

2、单选题：
In a fractional-reserve banking system, banks create money when they:
选项：
A:make loans.
B:accept deposits.
C:exchange currency for deposits.
D:hold reserves.
答案:

3、单选题：
If the currency-eposit ratio equals 0.5 and the reserve-eposit ratio equals 0.1, then the money multiplier equals
选项：
A:2.0.
B:0.6.
C:1.67.
D:2.5.
答案:

4、单选题：
When the Fed makes an open-market sale, it:
选项：
A:increases the money multiplier (m).
B:increases the currency-deposit ratio (cr).
C:increases the monetary base (B).
D:decreases the monetary base (B).
答案:

5、单选题：
When the Federal Reserve conducts an open-market purchase, it buys bonds from the:
选项：
A:International Monetary Fund.
B:public.
C:Internal Revenue Service.
D:U.S. Treasury.
答案:

第五章 单元测试

1、单选题：
If the demand for real money balances is proportional to real income, velocity will:
选项：
A:remain constant.
B:increase as income decreases.
C:increase as income increases.
D:vary directly with the interest rate.
答案:

2、单选题：
The quantity equation for money, by itself:
选项：
A:implies that real gross domestic product (GDP) is proportional to the money supply.
B:implies that the velocity of money is constant.
C:implies that the price level is proportional to the money supply.
D:may be thought of as a definition for velocity of money.
答案:

3、单选题：
In the long run, according to the quantity theory of money and the classical macroeconomic theory, if velocity is constant, then ______ determines real GDP and ______ determines nominal GDP.
选项：
A:the money supply; the productive capability of the economy
B:velocity; the money supply
C:the productive capability of the economy; the money supply
D:the money supply; velocity
答案:

4、单选题：
According to the classical dichotomy, when the money supply decreases, _____ will decrease.
选项：
A:consumption spending
B:the price level
C:investment spending
D:real GDP
答案:

5、单选题：
The concept of monetary neutrality in the classical model means that an increase in the money supply will increase:
选项：
A:both saving and investment by the same amount.
B:real interest rates.
C:nominal interest rates.
D:real GDP.
答案:

第六章 单元测试

1、单选题：
Net capital outflow is equal to:
选项：
A:national saving minus the trade balance.
B:domestic investment minus national saving.
C:national saving minus domestic investment.
D:domestic investment plus the trade balance.
答案:

2、单选题：
If domestic saving exceeds domestic investment, then net exports are ______ and net capital outflows are ______.
选项：
A:positive; negative
B:negative; negative
C:positive; positive
D:negative; positive
答案:

3、单选题：
In a small open economy, if exports equal $5 billion and imports equal $7 billion, then there is a trade ______ and ______ net capital outflow.
选项：
A:deficit; negative
B:surplus; negative
C:deficit; positive
D:surplus; positive
答案:

4、单选题：
Starting from a trade balance, if the world interest rate falls, then, holding other factors constant, in a small open economy the amount of domestic investment will _____ and net exports will _____.
选项：
A:increase, not change
B:increase; increase
C:decrease; increase
D:increase; decrease
答案:

5、单选题：
If purchasing-power parity holds, then changes in domestic saving will _____ the real exchange rate.
选项：
A:

not change

B:

either increase or decrease

C:

increase

D:

decrease

答案:

第七章 单元测试

1、单选题：
A policy that decreases the job separation rate _____ the natural rate of unemployment.
选项：
A:could either increase or decrease
B:will increase
C:will decrease
D:will not change
答案:

2、单选题：
Any policy aimed at lowering the natural rate of unemployment must either ______ the rate of job separation or ______ the rate of job finding.
选项：
A:reduce; reduce
B:reduce; increase
C:increase; increase
D:increase; reduce
答案:

3、单选题：
The unemployment resulting from wage rigidity and job rationing is called ______ unemployment.
选项：
A:frictional
B:minimum-wage
C:structural
D:insider
答案:

4、单选题：
The minimum wage:
选项：
A:raises the wages of highly skilled workers.
B:has its greatest impact on teenage unemployment.
C:encourages master workers to take on apprentices.
D:is usually about 75 percent of the average wage earned in manufacturing.
答案:

5、单选题：
Which of the following is the best example of structural unemployment?
选项：
A:Kirby is seeking a job as an airline pilot, but the high union wages in the industry have limited the number of jobs available.
B:Vickie lost her job as a graphic artist at a movie studio because she did not have training in computer-generated animation.
C:Tim is looking for a job with flexible hours but has not been offered one yet.
D:Fatima lost her job at a packing plant but has not looked very intensively for a new job because she still has 2 months of unemployment insurance benefits left.
答案:

第八章 单元测试

1、单选题：
Two economies are identical except that the level of capital per worker is higher in Highland than in Lowland. The production functions in both economies exhibit diminishing marginal product of capital. An extra unit of capital per worker increases output per worker:
选项：
A:in Highland, but not in Lowland.
B:more in Highland.
C:more in Lowland.
D:by the same amount in Highland and Lowland.
答案:

2、单选题：
In the Solow growth model the saving rate determines the allocation of output between:
选项：
A:investment and consumption.
B:output and capital.
C:saving and investment.
D:consumption and output.
答案:

3、单选题：
In the Solow growth model, the steady-state occurs when:
选项：
A:the saving rate equals the depreciation rate.
B:consumption per worker is maximized.
C:output per worker equals consumption per worker.
D:capital per worker is constant.
答案:

4、单选题：
In the Solow growth model, the steady state level of output per worker would be higher if the _____ increased or the _____ decreased.
选项：
A:depreciation rate; population growth rate
B:population growth rate; saving rate
C:population growth rate; depreciation rate
D:saving rate; depreciation rate
答案:

5、单选题：
In the Solow growth model, with a given production function, depreciation rate, saving rate, and no technological change, higher rates of population growth produce:
选项：
A:higher steady-state growth rates of total output.
B:higher steady-state levels of output per worker.
C:higher steady-state ratios of capital per worker.
D:higher steady-state growth rates of output per worker.
答案:

第九章 单元测试

1、单选题：
The Golden Rule level of the steady-state capital stock:
选项：
A:will be reached automatically if the saving rate remains constant over a long period of time.
B:will be reached automatically if each person saves enough to provide for his or her retirement.
C:implies a choice of a particular saving rate.
D:should be avoided by an enlightened government.
答案:

2、单选题：
If an economy is in a steady state with no population growth or technological change and the marginal product of capital is less than the depreciation rate:
选项：
A:steady-state consumption per worker would be higher in a steady state with a higher saving rate.
B:the depreciation rate should be decreased to achieve the Golden Rule level of consumption per worker.
C:the economy is following the Golden Rule.
D:steady-state consumption per worker would be higher in a steady state with a lower saving rate.
答案:

3、单选题：
If an economy is in a steady state with a saving rate below the Golden Rule level, efforts to increase the saving rate result in:
选项：
A:lower per-capita output and higher per-capita depreciation.
B:higher per-capita output and lower per-capita depreciation.
C:both higher per-capita output and higher per-capita depreciation, but the increase in per-capita depreciation would be greater.
D:both higher per-capita output and higher per-capita depreciation, but the increase in per-capita output would be greater.
答案:

4、单选题：
When an economy begins above the Golden Rule, reaching the Golden Rule:
选项：
A:produces lower consumption at all times in the future.
B:requires initially increasing consumption to decrease consumption in the future.
C:produces higher consumption at all times in the future.
D:requires initially reducing consumption to increase consumption in the future.
答案:

5、单选题：
In the Solow growth model of an economy with population growth but no technological change, the break-even level of investment must do all of the following except:
选项：
A:offset the depreciation of existing capital.
B:keep the level of capital per worker constant.
C:provide capital for new workers.
D:equal the marginal productivity of capital (MPK).
答案:

第十章 单元测试

1、单选题：
If an aggregate demand curve is drawn with real GDP (Y) along the horizontal axis and the price level (P) along the vertical axis, using the quantity theory of money as a theory of aggregate demand, this curve slopes ______ to the right and gets ______ as it moves farther to the right.
选项：
A:upward; steeper
B:downward; flatter
C:downward; steeper
D:upward; flatter
答案:

2、单选题：
A short-run aggregate supply curve shows fixed ______, and a long-run aggregate supply curve shows fixed ______.
选项：
A:prices; prices
B:prices; output
C:output; output
D:output; prices
答案:

3、单选题：
If the long-run aggregate supply curve is vertical, then changes in aggregate demand affect:
选项：
A:level of output but not prices.
B:both prices and level of output.
C:neither prices nor level of output.
D:prices but not level of output.
答案:

4、单选题：
Assume that the economy starts from long-run equilibrium. If the Federal Reserve increases the money supply, then ______ increase(s) in the short run and ______ increase(s) in the long run.
选项：
A:prices; prices
B:prices; output
C:output; prices
D:output; output
答案:

5、单选题：
Monetary neutrality is a characteristic of the aggregate demand朼ggregate supply model in:
选项：
A:in the long run, but not in the short run.
B:in neither the short run nor the long run.
C:both the short run and the long run.
D:in the short run, but not in the long run.
答案:

第十一章 单元测试

1、单选题：
Two interpretations of the IS-LM model are that the model explains:
选项：
A:the determination of income in the short run when prices are fixed, or what shifts the aggregate demand curve.
B:the short-run quantity theory of income, or the short-run Fisher effect.
C:the determination of investment and saving, or what shifts the liquidity preference schedule.
D:changes in government spending and taxes, or the determination of the supply of real money balances.
答案:

2、单选题：
In the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of:
选项：
A:the government-purchases multiplier.
B:real money balances.
C:liquidity preference.
D:unplanned inventory investment.
答案:

3、单选题：
Along any given IS curve:
选项：
A:both government spending and tax rates are fixed.
B:tax rates are fixed, but government spending varies.
C:both government spending and tax rates vary.
D:government spending is fixed, but tax rates vary.
答案:

4、单选题：
In the Keynesian-cross model, a decrease in the interest rate ______ planned investment spending and ______ the equilibrium level of income
选项：
A:increases; decreases
B:decreases; increases
C:decreases; decreases
D:increases; increases
答案:

5、单选题：
An IS curve shows combinations of:
选项：
A:taxes and government spending.
B:interest rates and income that bring equilibrium in the market for real balances.
C:nominal money balances and price levels.
D:interest rates and income that bring equilibrium in the market for goods and services.
答案:

6、单选题：
If the interest rate is above the equilibrium value, the:
选项：
A:demand for real balances exceeds the supply.
B:demand for real balances increases.
C:supply of real balances exceeds the demand.
D:market for real balances clears.
答案:

第十二章 单元测试

1、单选题：
In the IS?LM model when taxation increases, in short-run equilibrium, the interest rate ______ and output ______.
选项：
A:falls; falls
B:rises; falls
C:rises; rises
D:falls; rises
答案:

2、单选题：
Using the IS-LM analysis, if the LM curve is not horizontal, the multiplier for an increase in government spending is ______ for an increase in government purchases using the Keynesian-cross analysis.
选项：
A:larger than the multiplier
B:the same as the multiplier
C:smaller than the multiplier
D:sometimes larger and sometimes smaller than the multiplier
答案:

3、单选题：
An economic change that does not shift the aggregate demand curve is a change in:
选项：
A:the money supply.
B:the price level.
C:the investment function.
D:taxes.
答案:

4、单选题：
A tax cut shifts the ______ to the right, and the aggregate demand curve __
选项：
A:LM; does not shift
B:LM: shifts to the right
C:IS; shifts to the right
D:IS; does not shift
答案:

5、单选题：
If real money balances enter the IS?LM model both through the theory of liquidity preference and the Pigou effect, then a fall in the price level will shift:
选项：
A:only the LM curve.
B:both the LM and the IS curves.
C:neither the LM nor the IS curve.
D:only the IS curve.
答案:

第十三章 单元测试

1、单选题：
In the Mundell-Fleming model, the domestic interest rate is determined by the:
选项：
A:world rate of inflation.
B:intersection of the LM and IS curves.
C:world interest rate.
D:domestic rate of inflation.
答案:

2、单选题：
If short-run equilibrium in the Mundell-Fleming model is represented by a graph with Y along the horizontal axis and the exchange rate along the vertical axis, then the LM* curve:
选项：
A:is vertical because monetary velocity is independent of the interest rate.
B:slopes upward and to the right because at a higher income a higher interest rate is needed to increase velocity.
C:is vertical because the exchange rate does not enter into the LM* equation.
D:slopes upward and to the right because a higher exchange rate leads to a higher income.
答案:

3、单选题：
In a small open economy with a floating exchange rate, if the government increases the money supply, then in the new short-run equilibrium the:
选项：
A:interest rate falls and the level of investment rises.
B:exchange rate falls and net exports increase.
C:exchange rate falls but net exports do not increase.
D:interest rate falls but the level of investment does not rise.
答案:

4、单选题：
To maintain a fixed-exchange-rate system, if the exchange rate moves below the fixed-exchange-rate level, then the central bank must:
选项：
A:buy foreign currency.
B:decrease government spending.
C:sell foreign currency from reserves.
D:raise taxes.
答案:

5、单选题：
According to the Mundell-Fleming model, import restrictions in an economy with flexible exchange rates cause net exports to ______ and in an economy with fixed exchange rates import restrictions cause net exports to ____.
选项：
A:

remain unchanged; increase

B:

increase; remain unchanged

C:

remain unchanged; remain unchanged

D:

increase; increase

答案:

第十四章 单元测试

1、单选题：
Aggregate supply is the relationship between the quantity of goods and services supplied and the:
选项：
A:price level.
B:interest rate.
C:unemployment rate.
D:money supply.
答案:

2、单选题：
In the long run, the level of output is determined by the:
选项：
A:preferences of the public.
B:amounts of capital and labor and the available technology.
C:money supply and the levels of government spending and taxation.
D:interaction of supply and demand.
答案:

3、单选题：
The assumption of constant velocity in the quantity equation is the equivalent of the assumption of a constant:
选项：
A:short-run aggregate supply curve.
B:demand for real balances per unit of output.
C:long-run aggregate supply curve.
D:price level in the short run.
答案:

4、单选题：
The long-run aggregate supply curve is vertical at the level of output:
选项：
A:at which unemployment is at its natural rate.
B:at which the inflation rate is zero.
C:at a predetermined price level.
D:determined by aggregate demand.
答案:

5、单选题：
Starting from long-run equilibrium, if the velocity of money increases (due to, for example, the invention of automatic teller machines) and no action is taken by the government：
选项：
A:

prices will rise in both the short run and the long run.

B:

output will rise in the short run and prices will rise in the long run.

C:

output will rise in both the short run and the long run.

D:

prices will rise in the short run and output will rise in the long run.

答案: