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宏观经济学题库
Macroeconomics,10e（Parkin）
Chapter10AggregateSupplyandAggregateDemand
1AggregateSupply
1）ThesupplyofrealGDPisafunctionof
A）thetotalexpendituresofconsumers,investorsandgovernment.
B）thesumofwages,salaries,corporateprofits,rentsandinterest.
C）onlythestateoftechnology.
D）thequantitiesoflabor,capitalandthestateoftechnology.
Answer:
D
Topic:
AggregateSupplyFundamentals
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
2）ThequantityofrealGDPsupplieddependsonthe
A）levelofaggregatedemand.
B）quantityofcapital,bonds,andstocks.
C）quantityoflabor,thequantityofcapital,andthestateoftechnology.
D）pricelevel,theunemploymentrate,andthequantityofgovernmentexpendituresongoodsandservices.
Answer:
C
Topic:
AggregateSupplyFundamentals
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
3）Anaggregatesupplycurvedepictstherelationshipbetween
A）thepricelevelandnominalGDP.
B）householdexpendituresandhouseholdincome.
C）thepricelevelandtheaggregatequantitysupplied.
D）thepricelevelandtheaggregatequantitydemanded.
Answer:
C
Topic:
AggregateSupply
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
4）Inthemacroeconomicshortrun,
A）actualrealGDPmaybelessthanormorethanpotentialGDP.
B）theunemploymentrateiszero.
C）bydefinition,theeconomyisalwaysmovingawayfromfullemployment.
D）actualrealGDPalwaysequalspotentialGDP.
Answer:
A
Topic:
MacroeconomicLongRunandShortRun
Skill:
Recognition
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
5）Whentalkingaboutaggregatesupply,itisnecessaryto
A）focusontheshortrun.
B）focusonthelongrun.
C）distinguishbetweenlong-runaggregatesupplyandshort-runaggregatesupply.
D）distinguishbetweenlong-runfullemploymentandshort-runfull-employment.
Answer:
C
Topic:
MacroeconomicLongRunandShortRun
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
6）Wedistinguishbetweenthelong-runaggregatesupplycurveandtheshort-runaggregatesupplycurve.Inthelongrun
A）technologyisfixedbutnotintheshortrun.
B）thepricelevelisconstantbutintheshortrunitfluctuates.
C）theaggregatesupplycurveishorizontalwhileintheshortrunitisupwardsloping.
D）realGDPequalspotentialGDP.
Answer:
D
Topic:
MacroeconomicLongRunandShortRun
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
7）Inthemacroeconomiclongrun,
A）GDPalwaysisbelowpotentialGDP.
B）thereisfullemploymentwithnounemployment.
C）outputalwaysisabovepotentialGDP.
D）thereisfullemploymentandrealGDPisequaltopotentialGDP.
Answer:
D
Topic:
MacroeconomicLongRunandShortRun
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
8）Inthemacroeconomiclongrun,
A）realGDPequalspotentialGDP.
B）theeconomyisatfullemployment.
C）regardlessofthepricelevel,theeconomyisproducingatpotentialGDP.
D）Alloftheabovearecorrect.
Answer:
D
Topic:
MacroeconomicLongRunandShortRun
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
9）Inthelong-run
A）theaggregatesupplycurveisupwardsloping.
B）realGDPisequaltopotentialGDP.
C）aggregatesupplydependsonthepricelevel.
D）Alloftheaboveanswersarecorrect.
Answer:
B
Topic:
MacroeconomicLongRunandShortRun
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
10）Thelong-runaggregatesupply（LAS）curve
A）hasapositiveslope.
B）hasanegativeslope.
C）isvertical.
D）ishorizontal.
Answer:
C
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
11）Whenthelabormarketisintfullemployment,
A）realGDPequalspotentialGDP.
B）thepricelevelisstable.
C）thepricelevelequalspotentialprices.
D）theSAScurveishorizontal.
Answer:
A
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
12）Thelong-runaggregatesupplycurveisverticalbecause
A）atfullemploymentpricesarestable.
B）thereisnocyclicalinflation.
C）potentialGDPisindependentofthepricelevel.
D）themoneywagerateincreasesfasterthanthepricelevel.
Answer:
C
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
13）Thelong-runaggregatesupplycurveis
A）horizontalatthefullemploymentpricelevel.
B）verticalatthefullemploymentlevelofrealGDP.
C）upwardslopingbecauseoftheeffectsofpricelevelchangesonrealGDP.
D）thesameastheshort-runaggregatesupplycurve.
Answer:
B
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
14）WhichofthefollowingstatementsisTRUE?
A）Thelong-runaggregatesupplycurveisupwardsloping.
B）Thelong-runaggregatedemandcurveisupwardsloping.
C）Theshort-runaggregatesupplycurveisvertical.
D）Thelong-runaggregatesupplycurveisvertical.
Answer:
D
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
15）Thelong-runaggregatesupplycurveis________becausealongit,aspricesrise,themoneywagerate________.
A）vertical;falls
B）vertical;rises
C）upwardsloping;falls
D）upwardsloping;staysconstant
Answer:
B
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
16）Thelong-runaggregatesupplycurveillustratesthe
A）relationshipofthepricelevelandrealGDPwhentheeconomyisatfullemployment.
B）relationshipofaggregatesupplyandaggregatedemand.
C）amountofproductsproducersofferatvariouspriceswhenmoneywagesandotherresourcepricesdonotchange.
D）surpluses,shortagesandequilibriumlevelofGDP.
Answer:
A
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
17）Thelong-runaggregatesupplycurveistherelationshipbetweenthequantityofrealGDPsuppliedand________when________.
A）thepricelevel;realGDPequalspotentialGDP
B）realGDPdemanded;thewagerateisconstant
C）thepricelevel;realGDPequalsnominalGDP
D）realGDPdemanded;thepriceleveldoesnotchange
Answer:
A
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
18）Whenthepricelevelrises,thelong-runaggregatesupplycurve________.
A）shiftsrightward
B）doesnotshift
C）slopesupward
D）shiftsleftward
Answer:
B
Topic:
Long-RunAggregateSupplyCurve
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
19）Formovementsalongthelong-runaggregatesupplycurve,
A）potentialGDPisdependentonthepricelevel.
B）thepricesofgoodsandserviceschangewhilethepricesofproductiveresourcesholdsteady.
C）thepricelevelandthemoneywageratechangebythesamepercentage.
D）Alloftheabovearecorrect.
Answer:
C
Topic:
Long-RunAggregateSupply
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
20）Thelong-runaggregatesupplycurveshowsthe
A）maximumGDPthenationwilleverproduce.
B）full-employmentlevelofrealGDP.
C）levelofrealGDPassociatedwithaconstantpricelevel.
D）levelofoutputatwhichrealGDPequalsnominalGDP.
Answer:
B
Topic:
Long-RunAggregateSupply
Skill:
Conceptual
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
21）Whichofthefollowingistrueaboutthelong-runaggregatesupplycurve?
A）ItisverticalatthelevelofpotentialGDP.
B）ItshowstherelationshipbetweenthepricelevelandrealGDPwhentheeconomyisatfullemployment.
C）Itdoesnotshiftinresponsetotemporarychangesinaggregatedemand.
D）Alloftheabovearetrue.
Answer:
D
Topic:
Long-RunAggregateSupply
Skill:
Conceptual
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
22）Whichofthefollowingeventswillincreaselong-runaggregatesupply?
A）anincreaseintheinterestrate
B）anincreaseinresourceprices
C）adecreaseinexpectedprofit
D）anadvanceintechnology
Answer:
D
Topic:
Long-RunAggregateSupply
Skill:
Recognition
Questionhistory:
Previousedition,Chapter10
AACSB:
ReflectiveThinking
23）ThecurvelabeledAintheabovefigureisa
A）short-runaggregatedemandcurve.
B）short-runaggregatesupplycurve.
C）long-runaggregatedemandcurve.
D）long-runaggregatesupplycurve.
Answer:
D
Topic:
Long-RunAggregateSupply
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
24）ThecurvelabeledAintheabovefigurewillshiftrightwardwhen
A）thepricelevelfalls.
B）technologyincreases.
C）populationfalls.
D）thepricelevelrises.
Answer:
B
Topic:
ChangesinAggregateSupply,Technology
Skill:
Analytical
Questionhistory:
Previousedition,Chapter10
AACSB:
AnalyticalSkills
25）Theshort-runaggregatesupplycurve
A）showswhateachproduceriswillingandabletoproduceateachlevelofincomeholdingconstantpotentialGDPandallresourceprices.
B）showstherelationshipbetweenaggregateproductionandthepricelevelholdingconstantpotentialGDPandallresou
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