中大岭院经原宏观部分期末试题A卷(13页).doc
《中大岭院经原宏观部分期末试题A卷(13页).doc》由会员分享,可在线阅读,更多相关《中大岭院经原宏观部分期末试题A卷(13页).doc(13页珍藏版)》请在得力文库 - 分享文档赚钱的网站上搜索。
1、-08级岭院经原宏观部分期末试题A卷此试题经“特殊途径”获取,吴老师也不知道。千万不要外传,更不要拿题目问老师,给吴老师知道了,他就不会出同样的题了。大家一定要低调,低调。另外,特别鸣谢樊婧同学无私奉献本试题大家期末考加油_A Multiple-choice questions(30%)1. The goals of macroeconomic policy include:A) high employmentB) low unemploymentC) stable pricesD) growing real GDP E) all of the above2. Suppose that in
2、a particular year, nominal GDP is less than real GDP. This implies that:A) inflation is lowB) inflation is highC) the year in question prior to the base yearD) the year in question after the base yearE) the answer cannot be determined from the information given3. The two approaches that economists u
3、se to measure GDP are:A) the goods flow and investment flowB) current surveys and historical dataC) the product flow and spending flowD) household tax returns and corporate tax returnsE) the product flow and the earnings flow4. What must be done to equalize the flow-of-product and the earnings or co
4、st approaches?A) Intermediate goods must be subtracted from the flow-of-product sumB) Profits must be considered a residual costC) Imputed rents must be excludedD) The dollar value of services produced mustbe included in the flow-of-productE) Transfer payments by the government must be included in t
5、he flow-of-cost approach5. The MPC is the ratio ofA) Extra consumption to extra incomeB) Extra consumption to extra savingC) Extra consumption to total incomeD) Total consumption to total incomeE) Break-even consumption to break-even income6. Which of the following is not considered a category of in
6、vestment?A) Stock and bond purchases.B) Purchases of plant and equipmentC) Purchases adding to inventoriesD) Residential housing constructionE) None of above7. Which of the following best describes the money-supply effect?A) As prices rise,tight money leads to a decrease in total real spendingB) As
7、the Fed injects more money into the economy, prices increaseC) Tight money causes recessionsD) The greater the money supply, the greater the growth of the economyE) None of the above8. On the basis of the Keynesian model of output determination, equilibrium gross domestic product is described by all
8、 but which one of the following?A) Intersection of SS schedule with the II scheduleB) Intersection of the consumption-plus-saving schedule with the investment scheduleC) Intended investment equals actual investmentD) Maintainable C+I spending equals production expenses, including profitE) Intersecti
9、on of the C+I line with the 45-degree line9. Which of the following best describes the accelerator principle?A) Once an economy passes a peak, the decline becomes self-perpetuatingB) An economy recovering from atrough,first grows faster, then slowerC) Investment spending is stimulated by a growing e
10、conomy; this in turn encourages more economic growthD) The accelerate-principle is related to large external shocks to the economyE) None of the above10. On the basis of the Keynesian model of output determination for a closed economy, the multiplier can be expressed algebraically as:A) 1/MPCB) 1/MP
11、C 1/MPSC) 1/(1-MPS)D) 1/MPSE) MPC/MPS11. Which of the following is an accurate statement according to the Keynesian model?A) Prices and wages always respond quickly to clear marketsB) The aggregate supply curve is vertical above potential GDPC) Changes in aggregate demand can affect GDP, in the shor
12、t run at least, if there exist unemployed resourcesD) Policy has no effect on the level of employment because it cannot change the level of GDPE) All of the above12. A reduction in legal required reserve ratio will tend toA) Reduce the money supply and reduce commercial bank loansB) Reduce the money
13、 supply and increase commercial bank loansC) Increase the money supply and increase commercial bank loansD) Increase the money supply and decrease commercial bank loansE) Leave the money supply unaffected13. The power of the Federal Reserve to expand the total money supply is considerably restricted
14、 if:A) Commercial banks wish to hold no vault cashB) Commercial banks are holding large excess reservesC) Commercial banks are holding just the required amount of reservesD) All Commercial banks are members of the Federal ReserveE) Interest rates are high14. Required reserve ratios:A) Exist primaril
15、y to ensure that deposits are safeB) Exist to penalize banks that are member of the Federal Reserve SystemC) Exist primarily to help the Fed control the money supplyD) Exist for all of the above reasonsE) Exist for none of the above reasons15. If legal required reserve reserve ratios are increased,
16、then there is a tendency for:A) The money supply to decrease and commercial bank loans to increaseB) Both money supply and commercial bank loans to decreaseC) The money supply to increase and commercial bank loans to decreaseD) Both money supply and commercial bank loans to increaseE) The money supp
17、ly to decrease and commercial bank loans to remain unchanged16. A reduction in reserve requirements of member banks tends to counter a recession by:A) The issuing and redemption of gold certificatesB) Consumer-credit controlsC) Discount-rate policyD) Changes in bank reserve requirementsE) Open-marke
18、t operations17. The Federal Reserve authorities single most important stabilizing weapon is:A) The issuing and redemption of gold certificatesB) Consumer-credit controlsC) Discount-rate policyD) Changes in bank reserve requirementsE) Open-market operations18. Raising the discount rate, if effective,
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 中大岭院经原 宏观 部分 期末 试题 13
限制150内