5学原理》宏观第五版测试题库 24Word文档格式.docx
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2REF:
24-0
NAT:
AnalyticLOC:
Thestudyofeconomicsanddefinitionsofeconomics
TOP:
CPIMSC:
Interpretive
2.Whentheconsumerpriceindexfalls,thetypicalfamilyhastospendfewerdollarstomaintainthesamestandardofliving.
TDIF:
3.Economistsusetheterminflationtodescribeasituationinwhichtheeconomy’soverallpricelevelisrising.
1REF:
UnemploymentandinflationTOP:
Inflation
MSC:
Definitional
4.Theinflationrateistheabsolutechangeinthepricelevelfromthepreviousperiod.
Inflationrate
5.InflationcanbemeasuredusingeithertheGDPdeflatorortheconsumerpriceindex.
Unemploymentandinflation
Inflation|CPI|GDPdeflatorMSC:
6.TheinflationratereportedinthenewsisusuallycalculatedfromtheGDPdeflatorratherthantheconsumerpriceindex.
Inflationrate|CPI|GDPdeflatorMSC:
7.BecausetheconsumerpriceindexreflectsthegoodsandservicesboughtbyconsumersbetterthantheGDPdeflatordoes,itisthemorecommongaugeofinflation.
8.TheCPIisameasureoftheoverallcostofthegoodsandservicesboughtbyatypicalconsumer.
24-1
9.Eachweek,theBureauofLaborStatisticscomputesandreportstheconsumerpriceindex.
10.TheBureauofLaborStatisticsispartoftheU.S.DepartmentofLabor.
BureauofLaborStatisticsMSC:
11.TheBureauofLaborStatisticsdetermineswhichpricesaremostimportanttothetypicalconsumerbysurveyingconsumers.
12.ThecontentofthebasketofgoodsandservicesusedtocomputetheCPIchangeseverymonth.
13.BykeepingthebasketofgoodsandservicesthesamewhencomputingtheCPI,theBureauofLaborStatisticsisolatestheeffectsofpricechangesfromtheeffectofanyquantitychangesthatmightbeoccurringatthesametime.
14.Whentheconsumerpriceindexiscomputed,thebaseyearisalwaysthefirstyearamongtheyearsbeingconsidered.
15.TheCPIfor2008iscomputedbydividingthepriceofthebasketofgoodsandservicesin2008bythepriceofthebasketofgoodsandservicesinthebaseyear,thenmultiplyingby100.
16.TheCPIisalways1inthebaseyear.
17.IfthecurrentyearCPIis140,thenthepricelevelhasincreased40percentsincethebaseyear.
Applicative
18.IfthecurrentyearCPIis90,thenthepricelevelhasdecreased10percentsincethebaseyear.
19.Theinflationratefor2007iscomputedbydividing(theCPIin2007minustheCPIin2006)bytheCPIin2006,thenmultiplyingby100.
20.Ifthevalueoftheconsumerpriceindexis110in2005and121in2006,thentheinflationrateis11percentfor2006.
21.Theproducerpriceindexmeasuresthecostofabasketofgoodsandservicesboughtbyfirmsratherthanconsumers.
PPIMSC:
22.Changesintheconsumerpriceindexareusefulinpredictingchangesintheproducerpriceindex.
CPI|PPIMSC:
23.DatafromtheBureauofLaborStatisticsshowthatthelargestcategoryofconsumerspendingishousing.
CategoriesofconsumerspendingMSC:
24.DatafromtheBureauofLaborStatisticsshowthatconsumerspendingontransportationisonlyslightlyhigherthanconsumerspendingonfoodandbeverages.
25.DatafromtheBureauofLaborStatisticsshowthatconsumerspendingonmedicalcareisaboutequaltoconsumerspendingonrecreationandconsumerspendingoneducationandcommunication.
26.DatafromtheBureauofLaborStatisticsshowthatapparelmakesup14percentofthetypicalconsumer’sbudget.
27.Thegoaloftheconsumerpriceindexistogaugehowmuchincomesmustrisetomaintainaconstantstandardofliving.
28.SubstitutionbiasoccursbecausetheCPIignoresthepossibilityofconsumersubstitutiontowardgoodsthathavebecomerelativelylessexpensive.
CPI|SubstitutionbiasMSC:
29.SubstitutionbiascausestheCPItounderstatetheincreaseinthecostoflivingfromoneyeartothenext.
30.Whenanewgoodisintroduced,consumershavemorevarietyfromwhichtochoose,andthisinturnincreasesthecostofmaintainingthesamelevelofeconomicwell-being.
CPI|IntroductionofnewgoodsMSC:
31.TheCPIdoesnotreflecttheincreaseinthevalueofthedollarthatarisesfromtheintroductionofnewgoods.
32.Ifthequalityofagooddeterioratesfromoneyeartothenextwhileitspriceremainsthesame,thenthevalueofadollarfalls.
CPI|QualitychangeMSC:
33.TheBureauofLaborStatisticsdoesnottrytoaccountforqualitychangesinthegoodsandservicesinthebasketusedtocomputetheCPI.
34.ThereisnolongermuchdebateamongeconomistsconcerningtheseverityofandthesolutiontotheproblemsinusingtheCPItomeasurethecostofliving.
35.ManyeconomistsbelievethebiasintheCPIisnowonlyabouthalfaslargeasitoncewas.
36.TheCPIandGDPdeflatorusuallytelltwodifferentstoriesabouthowquicklypricesarerising.
CPI|GDPdeflatorMSC:
37.WhenthepriceofItalianwinerises,thischangeisreflectedintheU.S.CPIbutnotintheU.S.GDPdeflator.
38.Whenthepriceofnuclearmissilesrises,thischangeisreflectedintheCPIbutnotintheGDPdeflator.
39.IntheU.S.,whenthepriceofoilrises,theCPIrisesbymuchmorethandoestheGDPdeflator.
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