宏观经济学自测题.docVIP

第15章自测题： 1. The purchase of final goods and services by households is called a. investment. b. public sector expenditure. c. consumption. d. net exports. 2. Suppose that nominal GDP is $6,000 billion and real GDP is $3,000. What is the GDP price deflator? a. 125. b. 150. c. 200. d. 250. 3. Intermediate goods and services a. are counted in gross domestic product (GDP). b. are counted in national income but not in gross domestic product (GDP). c. are not counted in gross domestic product (GDP) because that would constitute double counting. d. are not counted in gross domestic product (GDP) because they have no value to consumers. 4. GDP is defined as a. the market value of all intermediate goods and services produced within a country in a given time period. b. the market value of all final goods and services produced within a country in a given time period. c. the market value of all intermediate goods and services produced by a country’s citizens within a given time period. d. the market value of all final goods and services produced by a country’s citizens within a given time period. 5. Net exports a. is calculated as exports minus imports. b. is calculated as imports minus exports. c. is calculated as imports plus exports. d. is calculated as exports less government purchases. 6. Spending on capital equipment, inventories, and structures is referred to as a. consumption expenditure. b. investment expenditure. c. government expenditure. d. expenditure on net exports. 7. GDP is represented by a. C + I + G. b. NX + G. c. I + G + NX. d. C + I + G + NX. 8. If you were asked to study the quantity of output an economy produced over the past five years, you would use real GDP rather than nominal GDP because a. exports are excluded from real GDP, making it less complicated than nominal GDP. b. real GDP accounts for imports, making it more precise than nominal GDP. c. nominal GDP fails to account for transfer payments, whereas real GDP includes these payments. d. nominal GDP