08宏观经济学(曼昆-第6版-配套习题Word下载.doc
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a. 2percent.
b. 3percent.
c. 5percent.
d. 7percent.
c. 5percent.
3. Overthelast60yearstheaverageannualU.S.inflationratewasabout
a. 3percentimplyingthatpriceshaveincreased12-fold.
b. 5percentimplyingthatpriceshaveincreased12-fold
c. 3percentimplyingthatpriceshaveincreased18-fold.
d. 5percentimplyingthatpricesincreasedabout18-fold.
d. 5percentimplyingthatpricesincreasedabout18-fold.
4. Whenpricesarefalling,economistssaythatthereis
a. disinflation.
b. deflation.
c. acontraction.
d. aninvertedinflation.
b. deflation.
5. WhichofthefollowingstatementsaboutU.S.inflationisfalse?
a. LowinflationwasviewedasatriumphofPresidentCarter'
seconomicpolicy.
b. Therewerelongperiodsinthenineteenthcenturyduringwhichpricesfell.
c. TheU.S.publichasviewedinflationofeven7percentasamajoreconomicproblem.
d. TheU.S.inflationratehasvariedovertime,butinternationaldatashowsevenmorevariation.
a. LowinflationwasviewedasatriumphofPresidentCarter'
6. WhichofthefollowingconcerningthehistoryofU.S.inflationisfalse?
a. Pricesroseatanaverageannualrateofabout5percentoverthelast60years.
b. Therewasaboutan18-foldincreaseinthepriceleveloverthelast60years.
c. Inflationinthe1970swasbelowtheaverageoverthelast60years.
d. TheUnitedStateshasexperiencedperiodsofdeflation.
c. Inflationinthe1970swasbelowtheaverageoverthelast60years.
7. Therewashyperinflation
a. during1880–1896intheUnitedStates.
b. inpost–WorldWarIGermany.
c. duringthe1970sintheUnitedStates.
d. Alloftheabovearecorrect.
b. inpost–WorldWarIGermany.
8. Whichofthefollowingeventsinpost–WorldWarIGermanylikelycontributedtotheriseofNazismandWorldWarII?
a. deflationthatproveddetrimentaltofarmers
b. anaversiontoinflationbypolicymakersthatkeptwagesstagnant
c. anunexpecteddropininflationthathurtborrowers
d. anextraordinarilyhighrateofinflation
d. anextraordinarilyhighrateofinflation
9. Theclassicaltheoryofinflation
a. isalsoknownasthequantitytheoryofmoney.
b. wasdevelopedbysomeoftheearliesteconomicthinkers.
c. isusedbymostmoderneconomiststoexplainthelong-rundeterminantsoftheinflationrate.
d. Alloftheabovearecorrect.
10. Thequantitytheoryofmoney
a. isafairlyrecentadditiontoeconomictheory.
b. canexplainbothmoderateandhyperinflations.
c. arguesthatinflationiscausedbytoolittlemoneyintheeconomy.
b. canexplainbothmoderateandhyperinflations.
11. Economistsallagreethat
a. neitherhighinflationnormoderateinflationisverycostly.
b. bothhighandmoderateinflationarequitecostly.
c. highinflationiscostly,butdisagreeaboutthecostsofmoderateinflation.
d. moderateinflationisascostlyashighinflation.
c. highinflationiscostly,butdisagreeaboutthecostsofmoderateinflation.
12. Whenthepricelevelfalls,thenumberofdollarsneededtobuyarepresentativebasketofgoods
a. increases,sothevalueofmoneyrises.
b. increases,sothevalueofmoneyfalls.
c. decreases,sothevalueofmoneyrises.
d. decreases,sothevalueofmoneyfalls.
c. decreases,sothevalueofmoneyrises.
17.1
13. Whenthevalueofmoneyrises,thenumberofdollarsneededtobuyarepresentativebasketofgoods
a. increases,andsothepricelevelrises.
b. increases,andsothepricelevelfalls.
c. decreases,andsothepricelevelrises.
d. decreases,andsothepricelevelfalls.
d. decreases,andsothepricelevelfalls.
2SECTION:
14. Whenthenumberofdollarsneededtobuyarepresentativebasketofgoodsfalls,thevalueofmoney
a. rises,andsothepricelevelrises.
b. rises,andsothepricelevelfalls.
c. falls,andsothepricelevelrises.
d. falls,andsothepricelevelfalls.
b. rises,andsothepricelevelfalls.
15. Thesupplycurveofmoneyisverticalbecausethequantityofmoneysuppliedincreases
a. whenthevalueofmoneyincreases.
b. whenthevalueofmoneydecreases.
c. onlyifpeopledesiretoholdmoremoney.
d. onlyifthecentralbankincreasesthemoneysupply.
d. onlyifthecentralbankincreasesthemoneysupply.
16. Thesupplyofmoneyisdeterminedby
a. thepricelevel.
b. theTreasuryandCongressionalBudgetOffice.
c. theFederalReserveSystem.
d. thedemandformoney.
c. theFederalReserveSystem.
17. Thesupplyofmoneyincreaseswhen
a. thevalueofmoneyincreases.
b. theinterestrateincreases.
c. theFedmakesopen-marketpurchases.
d. Noneoftheaboveiscorrect.
c. theFedmakesopen-marketpurchases.
18. Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,anincreaseinthepricelevelcausesa
a. shifttotherightofthemoneydemandcurve.
b. shifttotheleftofthemoneydemandcurve.
c. movementtotheleftalongthemoneydemandcurve.
d. movementtotherightalongthemoneydemandcurve.
d. movementtotherightalongthemoneydemandcurve.
19. Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,asthepricelevelincreasesthequantityofmoney
a. demandedincreases.
b. demandeddecreases.
c. suppliedincreases.
d. supplieddecreases.
a. demandedincreases.
20. Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,asthepricelevelincreases,thevalueofmoney
a. increases,sothequantityofmoneydemandedincreases.
b. increases,sothequantityofmoneydemandeddecreases.
c. decreases,sothequantityofmoneydemandeddecreases.
d. decreases,sothequantityofmoneydemandedincreases.
d. decreases,sothequantityofmoneydemandedincreases.
21. Asthepriceleveldecreases,thevalueofmoney
a. increases,sopeoplewanttoholdmoreofit.
b. increases,sopeoplewanttoholdlessofit.
c. decreases,sopeoplewanttoholdmoreofit.
d. decreases,sopeoplewanttoholdlessofit.
b. increases,sopeoplewanttoholdlessofit.
22. Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,themoneydemandcurveslopes
a. upwardbecauseathigherpricespeoplewanttoholdmoremoney.
b. downwardbecauseathigherpricespeoplewanttoholdmoremoney.
c. downwardbecauseathigherpricepeoplewanttoholdlessmoney.
d. upward,becauseathigherpricespeoplewanttoholdlessmoney.
b. downwardbecauseathigherpricespeoplewanttoholdmoremoney.
23. Whichofthefollowingiscorrect?
a. IftheFedpurchasesbondsintheopenmarket,thenthemoneysupplyshiftsright.Achangeinthepriceleveldoesnotshiftmoneysupply.
b. IftheFedsellsbondsintheopenmarket,thenmoneysupplyshiftsright.Achangeinthepriceleveldoesnotshiftmoneysupply.
c. IftheFedpurchasesbonds,thenthemoneysupplyshiftsright.Anincreaseinthepricelevelshiftsmoneysupplyright.
d. IftheFedpurchasesbonds,thenthemoneysupplyshiftsright.Adecreaseinthepricelevelshiftsmoneysupplyright.
a. IftheFedpurchasesbondsintheopenmarket,thenthemoneysupplyshiftsright.Achangeinthepriceleveldoesnotshiftmoneysupply.
24. Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,anincreaseinthemoneysupplyshiftsthemoneysupplycurvetothe
a. right,loweringthepricelevel.
b. right,raisingthepricelevel.
c. left,raisingthepricelevel.
d. left,loweringthepricelevel.
b. right,raisingthepricelevel.
25. Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,anincreaseinthemoneysupply
a. increasesthepricelevelandthevalueofmoney.
b. increasesthepricelevelanddecreasesthevalueofmoney.
c. decreasesthepricelevelandincreasesthevalueofmoney.
d. decreasesthepricelevelandthevalueofmoney.
b. increasesthepricelevelanddecreasesthevalueofmoney.
26. Whenthemoneymarketisdrawnwiththevalueofmoneyontheverticalaxis,anincreaseinthemoneysupplycausestheequilibriumvalueofmoney
a. andequi