Chapter 5宏观经济学原理 弗兰克版 题库.docx

Chapter 5Student: ___________________________________________________________________________1.The measure of the cost of a standard basket of goods and services in any period relative to the cost of the same basket of goods and services in the base year is called the:??A.?consumption cost calculator.B.?consumption production index.C.?consumer production index.D.?consumer price index.?2.The consumer price index for the current year measures the cost of a standard basket in the ______ year relative to the cost of the same basket in the ______ year.??A.?current; baseB.?current; currentC.?base; indexD.?base; current?3.The CPI is a measure of the:??A.?real wage.B.?price of a specific good or service.C.?rate of inflation.D.?average level of prices relative to prices in the base year.?4.Suppose that the total expenditures for a typical household in 2010equaled $2,500 per month, while the cost of purchasing exactly the same items in 2015 was $3,000. If 2010 is the base year, the CPI for 2010 equals:??A.?0.83B.?1.00C.?1.20D.?1.25?5.Suppose that the total expenditures for a typical household in 2010 equaled $5,500 per month, while the cost of purchasing exactly the same items in 2015 was $6,875. If 2010 is the base year, the CPI for the year 2015 equals:??A.?0.80B.?1.00C.?1.20D.?1.25?6.If the total expenditures of a typical family equaled $35,000 per year in 2010 and the exact same basket of goods and services cost $40,000 in the year 2015, the familys cost of living:??A.?increased by 14 percent.B.?decreased by 12.5 percent.C.?decreased by 14 percent.D.?increased by 12.5 percent.?7.The consumer price index for Planet Econ consists of only two items: books and hamburgers. In 2010, the base year, the typical consumer purchased 10 books for $25 each and 25 hamburgers for $2 each. In 2015, the typical consumer purchased 15 books for $30 each and 30 hamburgers for $3 each. The consumer price index for 2015 on Planet Econ equals:??A.?1.00B.?1.15C.?1.25D.?1.45?8.The typical family