经济学原理对应练习--25.doc

1、Chapter 25/Production and Growth v 1079Chapter 25Production and GrowthMultiple Choice1.A nations standard of living is measured by itsa.real GDP.b.real GDP per person.c.nominal GDP.d.nominal GDP per person.ANS: BPTS: 1DIF: 1REF: 25-1TOP: Standard of livingMSC: Analytical2.Real GDP per persona.minus

2、real GDP per person from the previous period equals the growth rate of real GDP per person.b.provides more meaningful comparisons across time and countries than real GDP.c.provides a less useful measure of the standard of living than nominal GDP per person.d.All of the above are correct.ANS: BPTS: 1

3、DIF: 2REF: 25-1TOP: Real GDP per personMSC: Definitional3.If one wants to know how the material well-being of the average person has changed over time in a given country, one should look at thea.level of real GDP.b.growth rate of nominal GDP.c.growth rate of real GDP.d.growth rate of real GDP per pe

4、rson.ANS: DPTS: 1DIF: 1REF: 25-1TOP: Standard of livingMSC: Interpretive4.Over the past century in the United States, real GDP per person has grown by abouta.1 percent per year.b.2 percent per year.c.3 percent per year.d.4 percent per year.ANS: BPTS: 1DIF: 1REF: 25-1TOP: Economic growthMSC: Definiti

5、onal5.During the past century the average growth rate of U.S. real GDP per person implies that it doubled about everya.100 years on average.b.70 years.c.35 years.d.25 years.ANS: CPTS: 1DIF: 1REF: 25-1TOP: Economic growthMSC: Definitional6.In the United States, as measured by real GDP per person, ave

6、rage income is about how many times as high as average income a century ago?a.2b.4c.6d.8ANS: DPTS: 1DIF: 1REF: 25-1TOP: Economic growthMSC: Definitional7.Over the past 100 years, U.S. real GDP per person has doubled about every 35 years. If in the next 100 years it doubles every 25 years, then a cen

7、tury from now U.S. real GDP per person will bea.4 times higher than it is now.b.8 times higher than it is now.c.12 times higher than it is now.d.16 times higher than it is now.ANS: DPTS: 1DIF: 2REF: 25-1TOP: Economic growthMSC: Definitional8.Over the last century, US real GDP per person grew at a ra

8、te of abouta.2% per year, so that it is now 2 times as high as it was a century ago.b.2% per year, so that it is now 8 times as high as it was a century ago.c.4% per year, so that it is now 2 times as high as it was a century ago.d.4% per year, so that it is now 8 times as high as it was a century a

9、go.ANS: BPTS: 1DIF: 1REF: 25-1TOP: Economic growthMSC: Definitional9.Over the past century in the United States, average income as measured by real GDP per person has grown abouta.3.5 percent per year, which implies a doubling about every 20 years.b.2 percent per year, which implies a doubling about

10、 every 35 years.c.4 percent per year, which implies a doubling about every 17.5 years.d.None of the above is correct.ANS: BPTS: 1DIF: 1REF: 25-1TOP: Economic growthMSC: Definitional10.The level of real GDP persona.differs widely across countries, but the growth rate of real GDP per person is similar

11、 across countries.b.is very similar across countries, but the growth rate of real GDP per person differs widely across countries.c.and the growth rate of real GDP per person are similar across countries.d.and the growth rate of real GDP per person vary widely across countries.ANS: DPTS: 1DIF: 1REF:

12、25-1TOP: Economic growth around the worldMSC: Definitional11.Income in developing countries like India and Indonesiaa.is less than 1/7th of that in developed countries like Japan and the United States.b.is about 1/5th of that in developed countries like Japan and the United States.c.is about 1/3 of

13、that in developed countries like Japan and the United States.d.is about 1/2 of that in developed countries like Japan and the United States.ANS: APTS: 1DIF: 1REF: 25-1TOP: Economic growth around the worldMSC: Definitional12.Real GDP per person in poor countries like Pakistan and Bangladesh isa.much

14、more than twice as high as it was in the US in 1870.b.about twice as high as it was in the US in 1870.c.about the same as it was in the US in 1870.d.less that it was in the US in 1870.ANS: DPTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional13.In 2003, the typical Bangladeshi

15、 had how many times the income of the typical American a century ago?a.1/4b.1/2c.2/3d.1ANS: BPTS: 1DIF: 1REF: 25-1TOP: Economic growth around the worldMSC: Definitional14.Which of the following countries, had the highest growth rate over the last 100 years?a.Brazilb.Germanyc.Canadad.United StatesANS

16、: APTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional15.In recent decades, average income in some East Asian countries, such as South Korea, Singapore, and Taiwan, has risen abouta.2 percent per year.b.4 percent per year.c.7 percent per year.d.10 percent per year.ANS: CPTS:

17、1DIF: 1REF: 25-1TOP: Economic growth around the worldMSC: Definitional16.In some East Asian countries, average income, as measured by real GDP per person, has recently grown at an average annual rate that implies output should double about everya.10 years.b.15 years.c.20 years.d.25 years.ANS: APTS:

18、1DIF: 1REF: 25-1TOP: Economic growth around the worldMSC: Definitional17.Countries that grew the fastest over the last 100 years had growth rates of abouta.0.5 percent.b.1.5 percent.c.2.0 percent.d.2.5 percent.ANS: DPTS: 1DIF: 1REF: 25-1TOP: Economic growth around the worldMSC: Definitional18.Of the

19、 following countries which grew the slowest over the last 100 years?a.Brazilb.Mexicoc.Chinad.United StatesANS: DPTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional19.In the length of one generation, which of the following countries has gone from being among the poorest countr

20、ies in the world to being among the richest?a.Chadb.Ethiopiac.Indiad.South KoreaANS: DPTS: 1DIF: 1REF: 25-1TOP: Economic growth around the worldMSC: Definitional20.Average income has been stagnant for many years ina.Ireland.b.Singapore.c.Ethiopia.d.All of the above are correct.ANS: CPTS: 1DIF: 1REF:

21、 25-1TOP: Economic growth around the worldMSC: Definitional21.Which list contains, in this order, a country whose real GDP per person grew faster and one whose real GDP per person grew slower than the US over the last 100 years?a.China, Pakistanb.United Kingdom, Chinac.Pakistan, Argentinad.Argentina

22、, JapanANS: APTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional22.Countries that have lower levels of real GDP per person than the US, a.tend to have growth rates that are higher than that of the US.b.tend to have growth rates that are about the same as the US.c.tend to have

23、 growth rates that are lower than that of the US.d.have growth rates that are higher than the US in some cases and lower in other cases.ANS: DPTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional23.Which of the following is correct?a.Although levels of real GDP per person vary

24、substantially from country to country, the growth rate of real GDP per person is similar across countries.b.Productivity is not closely linked to government policies.c.The level of real GDP per person is a good gauge of economic prosperity, and the growth rate of real GDP per person is a good gauge

25、of economic progress.d.Productivity may be measured by the growth rate of real GDP per person.ANS: CPTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional24.Which of the following is correct?a.Over the last 100 years Japan had a higher average growth rate than the United States.

26、 It follows that the standard of living in Japan is greater than in the United States.b.The typical person in Bangladesh today has about the same real income as a typical American 100 years ago.c.The typical citizen of China today has about half as much real income as the typical American today.d.No

27、ne of the above is correct.ANS: DPTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional25.Which of the following does the level of real GDP measure?a.total real incomeb.productivityc.the standard of livingd.All of the above are correct.ANS: APTS: 1DIF: 2REF: 25-1TOP: Productivit

28、yMSC: Definitional26.A nations standard of living is determined bya.its productivity.b.its gross domestic product.c.its national income.d.how much it has relative to others.ANS: APTS: 1DIF: 1REF: 25-1TOP: Productivity | Standard of livingMSC: Definitional27.Which of the following is correct?a.Countr

29、ies 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.

30、Over the last 100 years, Japan had the highest real GDP growth rate, and now has the highest real GDP per person.ANS: CPTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional28.Over the last 100 years which of the following had growth rates higher than that of the United States?a.the United Kingdomb.Bangladeshc.Brazild.None of the above is correct.ANS: CPTS: 1DIF: 2REF: 25-1TOP: Economic growth around the worldMSC: Definitional29.Which of the following nations experienced average rates of economic growth of less than 2.0 percent over the last 100 years?a.Bangladeshb.