2013秋季学期宏观复习题2.docVIP

2013秋季学期《宏观经济学》期末复习题 一、选择题 1．Macroeconomics includes the study of topics such as a. national output, the inflation rate, and the trade deficit. b. the price of Cisco stock, wage differences between genders, and antitrust laws. c. differences in market structure, and how consumers maximize utility. d. None of the above are correct. 2. Which of the following is the correct definition of GDP? ( ) a. the market value of all goods produced within a country b. the market value of all final goods and services produced by the citizens of a country c. the market value of all final goods and services produced within a country d. None of the above are correct. 3. Which of the following is included in the Consumption component of GDP? ( ) a. Social Security payments b. purchases of foreign goods and services c. purchases of newly constructed homes d. All of the above are correct. 4. Suppose nominal GDP rose from $500 billion to $600 billion while the GDP deflator increased from 100 to 125. The real GDP ( ) a. remained constant b. increased c. decreased d. cannot be calculated from these figures 5. Which of the following is correct for an economy? ( ) a. Income is greater than production. b. Production is greater than income. c. Income always equals production. d. Income equals production only when saving is zero. 6. The government reports that GDP increased by 1.6 percent in the last quarter. This statement means that GDP increased ( ) a. by 6.4 percent for the year. b. at an annual rate of 6.4 percent during the last quarter. c. at an annual rate of 1.6 percent during the last quarter. d. at an annual rate of .4 percent during the last quarter. 7. The consumer price index is used to ( ) a. track changes in the level of wholesale prices in the economy. b. monitor changes in the cost of living. c. monitor changes in the level of real GDP. d. track changes in the stock market. 8. Because the CPI is based on a