曼昆《经济学原理》宏观第五版测试题库 23.docx

曼昆《经济学原理》宏观第五版测试题库 23.docx

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曼昆《经济学原理》宏观第五版测试题库23

Chapter23

MeasuringaNation'sIncome

TRUE/FALSE

1.Inyearsofeconomiccontraction,firmsthroughouttheeconomyincreasetheirproductionofgoodsandservices,employmentrises,andjobsareeasytofind.

ANS:

FDIF:

1REF:

23-0

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

EconomicexpansionMSC:

Definitional

2.MacroeconomicstatisticsincludeGDP,theinflationrate,theunemploymentrate,retailsales,andthetradedeficit.

ANS:

TDIF:

1REF:

23-0

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

MacroeconomicsMSC:

Definitional

3.Macroeconomicstatisticstellusaboutaparticularhousehold,firm,ormarket.ANS:

FDIF:

1REF:

23-0

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

MacroeconomicsMSC:

Definitional

4.Macroeconomicsisthestudyoftheeconomyasawhole.ANS:

TDIF:

1REF:

23-0

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

MacroeconomicsMSC:

Definitional

5.Thegoalofmacroeconomicsistoexplaintheeconomicchangesthataffectmanyhouseholds,firms,andmarketssimultaneously.

ANS:

TDIF:

1REF:

23-0

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

MacroeconomicsMSC:

Definitional

6.Microeconomicsandmacroeconomicsarecloselylinked.ANS:

TDIF:

1REF:

23-0

NAT:

AnalyticLOC:

Thestudyofeconomicsanddefinitionsofeconomics

TOP:

Microeconomics|MacroeconomicsMSC:

Definitional

7.Thebasictoolsofsupplyanddemandareascentraltomacroeconomicanalysisastheyaretomicroeconomicanalysis.

ANS:

TDIF:

1REF:

23-0

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

Demand|SupplyMSC:

Definitional

8.GDPisthemostcloselywatchedeconomicstatisticbecauseitisthoughttobethebestsinglemeasureofasociety’seconomicwell-being.

ANS:

TDIF:

1REF:

23-0

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDPMSC:

Definitional

9.GDPcanmeasureeitherthetotalincomeofeveryoneintheeconomyorthetotalexpenditureontheeconomy’soutputofgoodsandservices,butGDPcannotmeasurebothatthesametime.

ANS:

FDIF:

2REF:

23-1

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDPMSC:

Interpretive

10.Foraneconomyasawhole,incomemustexceedexpenditure.ANS:

FDIF:

1REF:

23-1

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

Income|ExpenditureMSC:

Definitional

1558

11.Aneconomy’sincomeisthesameasitsexpenditurebecauseeverytransactionhasabuyerandaseller.ANS:

TDIF:

1REF:

23-1

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

Income|ExpenditureMSC:

Definitional

12.GDPisthemarketvalueofallfinalgoodsandservicesproducedbyacountry’scitizensinagivenperiodoftime.

ANS:

FDIF:

1REF:

23-2

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDPMSC:

Definitional

13.GDPaddstogethermanydifferentkindsofproductsintoasinglemeasureofthevalueofeconomicactivitybyusingmarketprices.

ANS:

TDIF:

1REF:

23-2

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDPMSC:

Definitional

14.U.S.GDPincludesthemarketvalueofrentalhousing,butnotthemarketvalueofowner-occupiedhousing.ANS:

FDIF:

2REF:

23-2

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDPMSC:

Interpretive

15.U.S.GDPexcludestheproductionofmostillegalgoods.ANS:

TDIF:

2REF:

23-2

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDPMSC:

Interpretive

16.U.S.GDPincludesestimatesofthevalueofitemsthatareproducedandconsumedathome,suchashouseworkandcarmaintenance.

ANS:

FDIF:

2REF:

23-2

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDPMSC:

Applicative

17.GDPincludesonlythevalueoffinalgoodsbecausethevalueofintermediategoodsisalreadyincludedinthepricesofthefinalgoods.

ANS:

TDIF:

1REF:

23-2

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDP|IntermediategoodsMSC:

Definitional

18.AdditionstoinventorysubtractfromGDP,andwhenthegoodsininventoryarelaterusedorsold,thereductionsininventoryaddtoGDP.

ANS:

FDIF:

1REF:

23-2

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDP|InventoryMSC:

Definitional

19.WhileGDPincludestangiblegoodssuchasbooksandbugspray,itexcludesintangibleservicessuchastheservicesprovidedbyteachersandexterminators.

ANS:

FDIF:

2REF:

23-2

NAT:

AnalyticLOC:

ThestudyofeconomicsanddefinitionsofeconomicsTOP:

GDPMSC:

Applicative

20.Atarummagesale,youbuytwooldbooksandanoldrockingchair;yourspendingontheseitemsisnotincluded