宏观经济学 题库.docx

1、宏观经济学 题库Macroeconomics, 10e (Parkin)Chapter 10 Aggregate Supply and Aggregate Demand1 Aggregate Supply1) The supply of real GDP is a function ofA) the total expenditures of consumers, investors and government.B) the sum of wages, salaries, corporate profits, rents and interest. C) only the state of

2、technology.D) the quantities of labor, capital and the state of technology.Answer: DTopic: Aggregate Supply FundamentalsSkill: ConceptualQuestion history: Previous edition, Chapter 10AACSB: Reflective Thinking2) The quantity of real GDP supplied depends on theA) level of aggregate demand.B) quantity

3、 of capital, bonds, and stocks.C) quantity of labor, the quantity of capital, and the state of technology.D) price level, the unemployment rate, and the quantity of government expenditures on goods and services.Answer: CTopic: Aggregate Supply FundamentalsSkill: RecognitionQuestion history: Previous

4、 edition, Chapter 10AACSB: Reflective Thinking3) An aggregate supply curve depicts the relationship betweenA) the price level and nominal GDP.B) household expenditures and household income.C) the price level and the aggregate quantity supplied.D) the price level and the aggregate quantity demanded.A

5、nswer: CTopic: Aggregate SupplySkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB: Reflective Thinking4) In the macroeconomic short run,A) actual real GDP may be less than or more than potential GDP.B) the unemployment rate is zero.C) by definition, the economy is always moving aw

6、ay from full employment.D) actual real GDP always equals potential GDP.Answer: ATopic: Macroeconomic Long Run and Short RunSkill: RecognitionQuestion history: Modified 10th editionAACSB: Reflective Thinking5) When talking about aggregate supply, it is necessary toA) focus on the short run.B) focus o

7、n the long run.C) distinguish between long-run aggregate supply and short-run aggregate supply.D) distinguish between long-run full employment and short-run full-employment.Answer: CTopic: Macroeconomic Long Run and Short RunSkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB: Refl

8、ective Thinking6) We distinguish between the long-run aggregate supply curve and the short-run aggregate supply curve. In the long runA) technology is fixed but not in the short run.B) the price level is constant but in the short run it fluctuates.C) the aggregate supply curve is horizontal while in

9、 the short run it is upward sloping.D) real GDP equals potential GDP.Answer: DTopic: Macroeconomic Long Run and Short RunSkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB: Reflective Thinking7) In the macroeconomic long run,A) GDP always is below potential GDP.B) there is full em

10、ployment with no unemployment.C) output always is above potential GDP.D) there is full employment and real GDP is equal to potential GDP.Answer: DTopic: Macroeconomic Long Run and Short RunSkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB: Reflective Thinking8) In the macroeconom

11、ic long run,A) real GDP equals potential GDP.B) the economy is at full employment.C) regardless of the price level, the economy is producing at potential GDP.D) All of the above are correct.Answer: DTopic: Macroeconomic Long Run and Short RunSkill: RecognitionQuestion history: Previous edition, Chap

12、ter 10AACSB: Reflective Thinking9) In the long-runA) the aggregate supply curve is upward sloping.B) real GDP is equal to potential GDP.C) aggregate supply depends on the price level.D) All of the above answers are correct.Answer: BTopic: Macroeconomic Long Run and Short RunSkill: RecognitionQuestio

13、n history: Previous edition, Chapter 10AACSB: Reflective Thinking10) The long-run aggregate supply (LAS) curveA) has a positive slope.B) has a negative slope.C) is vertical.D) is horizontal.Answer: CTopic: Long-Run Aggregate SupplySkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB

14、: Reflective Thinking11) When the labor market is int full employment,A) real GDP equals potential GDP.B) the price level is stable.C) the price level equals potential prices.D) the SAS curve is horizontal.Answer: ATopic: Long-Run Aggregate SupplySkill: RecognitionQuestion history: Modified 10th edi

15、tionAACSB: Reflective Thinking12) The long-run aggregate supply curve is vertical becauseA) at full employment prices are stable.B) there is no cyclical inflation.C) potential GDP is independent of the price level.D) the money wage rate increases faster than the price level.Answer: CTopic: Long-Run

16、Aggregate SupplySkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB: Reflective Thinking13) The long-run aggregate supply curve isA) horizontal at the full employment price level.B) vertical at the full employment level of real GDP.C) upward sloping because of the effects of price

17、level changes on real GDP.D) the same as the short-run aggregate supply curve.Answer: BTopic: Long-Run Aggregate SupplySkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB: Reflective Thinking14) Which of the following statements is TRUE?A) The long-run aggregate supply curve is upw

18、ard sloping.B) The long-run aggregate demand curve is upward sloping.C) The short-run aggregate supply curve is vertical.D) The long-run aggregate supply curve is vertical.Answer: DTopic: Long-Run Aggregate SupplySkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB: Reflective Think

19、ing15) The long-run aggregate supply curve is _ because along it, as prices rise, the money wage rate _.A) vertical; fallsB) vertical; risesC) upward sloping; fallsD) upward sloping; stays constantAnswer: BTopic: Long-Run Aggregate SupplySkill: RecognitionQuestion history: Previous edition, Chapter

20、10AACSB: Reflective Thinking16) The long-run aggregate supply curve illustrates theA) relationship of the price level and real GDP when the economy is at full employment.B) relationship of aggregate supply and aggregate demand. C) amount of products producers offer at various prices when money wages

21、 and other resource prices do not change.D) surpluses, shortages and equilibrium level of GDP.Answer: ATopic: Long-Run Aggregate SupplySkill: RecognitionQuestion history: Modified 10th editionAACSB: Reflective Thinking17) The long-run aggregate supply curve is the relationship between the quantity o

22、f real GDP supplied and _ when _.A) the price level; real GDP equals potential GDPB) real GDP demanded; the wage rate is constantC) the price level; real GDP equals nominal GDPD) real GDP demanded; the price level does not changeAnswer: ATopic: Long-Run Aggregate SupplySkill: RecognitionQuestion his

23、tory: Previous edition, Chapter 10AACSB: Reflective Thinking18) When the price level rises, the long-run aggregate supply curve _.A) shifts rightwardB) does not shiftC) slopes upwardD) shifts leftwardAnswer: BTopic: Long-Run Aggregate Supply CurveSkill: ConceptualQuestion history: Previous edition,

24、Chapter 10AACSB: Reflective Thinking19) For movements along the long-run aggregate supply curve,A) potential GDP is dependent on the price level.B) the prices of goods and services change while the prices of productive resources hold steady.C) the price level and the money wage rate change by the sa

25、me percentage.D) All of the above are correct.Answer: CTopic: Long-Run Aggregate SupplySkill: ConceptualQuestion history: Previous edition, Chapter 10AACSB: Reflective Thinking20) The long-run aggregate supply curve shows theA) maximum GDP the nation will ever produce.B) full-employment level of rea

26、l GDP.C) level of real GDP associated with a constant price level.D) level of output at which real GDP equals nominal GDP.Answer: BTopic: Long-Run Aggregate SupplySkill: ConceptualQuestion history: Modified 10th editionAACSB: Reflective Thinking21) Which of the following is true about the long-run a

27、ggregate supply curve?A) It is vertical at the level of potential GDP.B) It shows the relationship between the price level and real GDP when the economy is at full employment.C) It does not shift in response to temporary changes in aggregate demand.D) All of the above are true.Answer: DTopic: Long-R

28、un Aggregate SupplySkill: ConceptualQuestion history: Modified 10th editionAACSB: Reflective Thinking22) Which of the following events will increase long-run aggregate supply?A) an increase in the interest rateB) an increase in resource pricesC) a decrease in expected profitD) an advance in technolo

29、gyAnswer: DTopic: Long-Run Aggregate SupplySkill: RecognitionQuestion history: Previous edition, Chapter 10AACSB: Reflective Thinking23) The curve labeled A in the above figure is aA) short-run aggregate demand curve.B) short-run aggregate supply curve.C) long-run aggregate demand curve.D) long-run

30、aggregate supply curve.Answer: DTopic: Long-Run Aggregate SupplySkill: AnalyticalQuestion history: Previous edition, Chapter 10AACSB: Analytical Skills24) The curve labeled A in the above figure will shift rightward whenA) the price level falls.B) technology increases.C) population falls.D) the pric

31、e level rises.Answer: BTopic: Changes in Aggregate Supply, TechnologySkill: AnalyticalQuestion history: Previous edition, Chapter 10AACSB: Analytical Skills25) The short-run aggregate supply curveA) shows what each producer is willing and able to produce at each level of income holding constant potential GDP and all resource prices.B) shows the relationship between aggregate production and the price level holding constant potential GDP and all resou