宏观经济学试题库2.docx

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宏观经济学试题库2

Macroeconomics,10e(Parkin)

Chapter10AggregateSupplyandAggregateDemand

40)Formovementsalongtheshort-runaggregatesupplycurve,

A)themoneywagerateisconstant.

B)therealwageratechanges.

C)potentialGDPremainsconstant.

D)Alloftheabovearecorrect.

Answer:

D

Topic:

MovementsAlongtheSASCurve

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

41)Movingalongashort-runaggregatesupplycurve,resourceprices________,themoneyratewage________,andpotentialGDP________.

A)donotchange;changes;doesnotchange

B)donotchange;doesnotchange;changes

C)change;doesnotchange;doesnotchange

D)donotchange;doesnotchange;doesnotchange

Answer:

D

Topic:

MovementsAlongtheSASCurve

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

42)Adecreaseinthepricelevelaccompaniedbynochangeinthemoneywagerateleadsto________movementalongthe________aggregatesupplycurve.

A)adownward;short-run

B)anupward;short-run

C)adownward;long-run

D)anupward;long-run

Answer:

A

Topic:

MovementsAlongtheSASCurve

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

43)TheSAScurveandtheLAScurve

A)intersectatpotentialGDP.

B)areparallelatpotentialGDP.

C)areperpendiculartooneanotheratpotentialGDP.

D)Noneoftheaboveanswersiscorrect.

Answer:

A

Topic:

TheLASandSASCurves

Skill:

Recognition

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

44)Supposethepricelevel,themoneywage,andthepriceofallotherresourcesriseby10percent.Thissetofchangesleadsto

A)anupwardmovementalongtheLAScurve.

B)adownwardmovementalongtheLAScurve.

C)anupwardmovementalongtheSAScurve.

D)aleftwardshiftoftheLAScurve.

Answer:

A

Topic:

MovementsAlongtheLASandSASCurves

Skill:

Recognition

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

45)Supposethepricelevelrisesandthemoneywageremainsconstant.Thissetofchangesleadsto

A)anupwardmovementalongtheLAScurve.

B)anupwardmovementalongtheSAScurve.

C)aleftwardshiftoftheSAScurve.

D)aleftwardshiftoftheSAScurveandtheLAScurve.

Answer:

B

Topic:

MovementsAlongtheLASandSASCurves

Skill:

Recognition

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

46)Whichofthefollowingstatementsregardingaggregatesupplyarecorrect?

A)Movingalongthelong-runaggregatesupplycurve,boththepricelevelandthemoneywageratechangebythesamepercentage.

B)Movingalongtheshort-runaggregatesupplycurve,boththepricelevelandthemoneywageratechangebythesamepercentage.

C)Movingalongthelong-runaggregatesupplycurve,themoneywageratechangesbutthepricelevelisconstant.

D)Movingalongtheshort-runaggregatesupplycurve,themoneywageratechangesbutthepricelevelisconstant.

Answer:

A

Topic:

MovementsAlongtheLASandSASCurves

Skill:

Recognition

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

47)Inthefigureabove,potentialGDPequals

A)$12.5trillion.

B)$13.0trillion.

C)$13.5trillion.

D)Noneoftheaboveanswersiscorrect.

Answer:

B

Topic:

Long-RunAggregateSupply

Skill:

Analytical

Questionhistory:

Modified10thedition

AACSB:

AnalyticalSkills

48)Inthefigureabove,theeconomyisatpointAwhenthepricelevelrisesto120.Moneywageratesandotherresourcepricesremainconstant.Firmsarewillingtosupplyoutputequalto

A)$12.5trillion.

B)$13.0trillion.

C)$13.5trillion.

D)Noneoftheaboveanswersiscorrect.

Answer:

C

Topic:

Short-RunAggregateSupply

Skill:

Analytical

Questionhistory:

Modified10thedition

AACSB:

AnalyticalSkills

49)Inthefigureabove,theeconomyisatpointAwhenthepricelevelfallsto100.Moneywageratesandallotherresourcepricesremainconstant.Firmsarewillingtosupplyoutputequalto

A)$12.5trillion.

B)$13.0trillion.

C)$13.5trillion.

D)Noneoftheaboveanswersiscorrect.

Answer:

A

Topic:

Short-RunAggregateSupply

Skill:

Analytical

Questionhistory:

Modified10thedition

AACSB:

AnalyticalSkills

 

50)Intheabovefigure,theeconomywillbeatfullemploymentifthepricelevel

A)is110.

B)isabove110.

C)isbelow100.

D)Alloftheabovearepossiblebecausetheeconomywillbeatfullemploymentatanypricelevelat,above,orbelow110.

Answer:

A

Topic:

Short-RunandLong-RunAggregateSupply

Skill:

Analytical

Questionhistory:

Previousedition,Chapter10

AACSB:

AnalyticalSkills

51)Intheabovefigure,whichmovementillustratestheimpactofafallingpricelevelandaconstantmoneywagerate?

A)EtoI

B)EtoF

C)EtoJ

D)EtoH

Answer:

A

Topic:

MovementsAlongtheLASandSASCurves

Skill:

Analytical

Questionhistory:

Previousedition,Chapter10

AACSB:

AnalyticalSkills

52)Intheabovefigure,whichmovementillustratestheimpactofarisingpricelevelandaconstantmoneywagerate?

A)EtoI

B)EtoF

C)EtoG

D)EtoK

Answer:

B

Topic:

MovementsAlongtheLASandSASCurves

Skill:

Analytical

Questionhistory:

Previousedition,Chapter10

AACSB:

AnalyticalSkills

53)Intheabovefigure,whichmovementillustratestheimpactofthepricelevelandmoneywageratefallingatthesamerate?

A)EtoH

B)EtoK

C)EtoJ

D)EtoG

Answer:

C

Topic:

MovementsAlongtheLASandSASCurves

Skill:

Analytical

Questionhistory:

Previousedition,Chapter10

AACSB:

AnalyticalSkills

54)Intheabovefigure,whichmovementillustratestheimpactofaconstantpricelevelandarisingmoneywagerate?

A)EtoI

B)EtoF

C)EtoJ

D)EtoH

Answer:

D

Topic:

MovementsAlongtheLASandSASCurves

Skill:

Analytical

Questionhistory:

Previousedition,Chapter10

AACSB:

AnalyticalSkills

55)Whichofthefollowingeventswillincreaseshort-runaggregatesupply?

A)anadvanceintechnology

B)anincreaseinresourceprices

C)anincreaseinthenaturalunemploymentrate

D)anincreaseinforeignincome

Answer:

A

Topic:

ChangesinShort-RunAggregateSupply

Skill:

Recognition

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

56)Theshort-runaggregatesupplycurveshiftswhen

i.thefull-employmentquantityofcapitalchanges.

ii.technologyadvances.

A)ionly

B)iionly

C)neitherinorii

D)iandii

Answer:

D

Topic:

ChangesinShort-RunAggregateSupply

Skill:

Conceptual

Questionhistory:

Modified10thedition

AACSB:

ReflectiveThinking

57)TheSAScurveshiftsifthereisachangein

A)thepricelevel.

B)realGDP.

C)nominalGDP.

D)potentialGDP.

Answer:

D

Topic:

ChangesinShort-RunAggregateSupply

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

58)WhichofthefollowingchangesdoesNOTshifttheshort-runaggregatesupplycurve?

A)anincreaseinthepricelevel

B)anincreaseintechnology

C)anincreaseinthequantityofcapital

D)anincreaseinthemoneywagerate

Answer:

A

Topic:

ChangesinShort-RunAggregateSupply

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

59)WhichofthefollowingchangesdoesNOTshiftthelong-runaggregatesupplycurve?

A)adecreaseinthelaborforce

B)afallinthepricelevel

C)ariseinnumberofcollegegraduatesinthelaborforce

D)ataxhikethatreducesthecapitalstock

Answer:

B

Topic:

ChangesinShort-RunAggregateSupply

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

60)AllofthefollowingshifttheLAScurveEXCEPT

A)achangeinthecapitalstock.

B)anincreaseinthemoneywagerate.

C)anincreaseinthestockofhumancapital.

D)technologicalprogress.

Answer:

B

Topic:

ChangesinLong-RunAggregateSupply

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

61)Allofthefollowingshifttheshort-runaggregatesupplycurveEXCEPT

A)achangeinthepricelevel.

B)achangeinthemoneywagerate.

C)achangeinthepriceofarawmaterial.

D)technologicalprogress.

Answer:

A

Topic:

ChangesinShort-RunAggregateSupply

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

62)Whichofthefollowingdirectlyshiftstheshort-runaggregatesupplycurve?

A)achangeinaggregatedemand

B)achangeinthepricelevel

C)achangeinresourceprices

D)alloftheabove

Answer:

C

Topic:

ChangesinShort-RunAggregateSupply

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

63)Whichofthefollowingshiftstheshort-runaggregatesupplycurve?

I.changesinthesizeofthelaborforce

II.changesinthemoneywagerate

A)Ionly

B)IIonly

C)bothIandII

D)neitherInorII

Answer:

C

Topic:

ChangesinShort-RunAggregateSupply

Skill:

Conceptual

Questionhistory:

Previousedition,Chapter10

AACSB:

ReflectiveThinking

 

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