经济学原理对应练习32文档格式.doc
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经济学原理对应练习32文档格式.doc
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d. persistentlyhadatradesurplus.
ANS:
C PTS:
1 DIF:
1 REF:
32-0
TOP:
Budgetdeficit MSC:
Definitional
2. ManyU.S.businessleadersarguethatthecurrentstateofU.S.netexportsistheresultof
a. U.S.exportsubsidies.
b. freetradepoliciesofforeigngovernments.
c. unproductiveU.S.workers.
d. unfairforeigncompetition.
D PTS:
U.S.trade MSC:
3. Theopen-economymacroeconomicmodelincludes
a. onlythemarketforloanablefunds.
b. onlythemarketforforeign-currencyexchange.
c. boththemarketforloanablefundsandthemarketforforeign-currencyexchange.
d. neitherthemarketforloanablefundsorthemarketforforeign-currencyexchange.
Open-economymacroeconomicmodel MSC:
4. Theopen-economymacroeconomicmodelexaminesthedeterminationof
a. theoutputgrowthrateandtherealinterestrate.
b. unemploymentandtheexchangerate.
c. theoutputgrowthrateandtheinflationrate.
d. thetradebalanceandtheexchangerate.
5. Theopen-economymacroeconomicmodeltakes
a. GDP,butnotthepricelevelasgiven.
b. thepricelevel,butnotGDPasgiven.
c. boththepricelevelandGDPasgiven.
d. thepricelevelandGDPasvariablestobedeterminedbythemodel.
32-1
6. Inanopeneconomy,themarketforloanablefundsequatesnationalsavingwith
a. domesticinvestment.
b. netcapitaloutflow.
c. thesumofnationalconsumptionandgovernmentspending.
d. thesumofdomesticinvestmentandnetcapitaloutflow.
Marketforloanablefunds MSC:
Interpretive
7. Inanopeneconomy,themarketforloanablefundsequatesnationalsavingwith
c. nationalconsumptionminusdomesticinvestment.
d. Noneoftheaboveiscorrect.
8. Intheopen-economymacroeconomicmodel,themarketforloanablefundsidentitycanbewrittenas
a. S=I
b. S=NCO
c. S=I+NCO
d. S+I=NCO
9. Intheopen-economymacroeconomicmodel,thesupplyofloanablefundscomesfrom
a. nationalsaving.
b. privatesaving.
c. domesticinvestment.
A PTS:
10. Intheopen-economymacroeconomicmodel,thedemandforloanablefundscomesfrom
b. netexports.
c. netcapitaloutflow.
d. thesumofnetcapitaloutflowanddomesticinvestment.
11. Thepurchaseofacapitalassetaddstothedemandforloanablefunds
a. onlyiftheassetislocatedathome.
b. onlyiftheassetislocatedabroad.
c. whethertheassetislocatedathomeorabroad.
Applicative
12. U.S.corporationWell’sPetroleumborrowsmoneytobuildanoilwellinTexasandtobuildanotherinVenezuela.
a. TheborrowingforthewellintheU.S.andthewellinVenezuelabothcountaspartofthedemandforloanablefundsintheU.S.market.
b. NeithertheborrowingforthewellintheU.S.northewellinVenezuelacountaspartofthedemandforloanablefundsintheU.S.market.
c. TheborrowingforthewellintheU.S.countsaspartofthedemandforloanablefundsintheU.S.TheborrowingforthewellinVenezueladoesnotcountaspartofthedemandforloanablefundsintheU.S.market.
d. TheborrowingforthewellinVenezuelacountsaspartofthedemandforloanablefundsintheU.S.TheborrowingforthewellintheUS.doesnotcountsaspartofthedemandforloanablefundsintheU.S.market.
2 REF:
13. Otherthingsthesame,ahigherrealinterestrateraisesthequantityof
c. loanablefundsdemanded.
d. loanablefundssupplied.
14. Otherthingsthesame,alowerrealinterestratedecreasesthequantityof
a. loanablefundsdemanded.
b. loanablefundssupplied.
c. domes
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