宏观期中复习24章作业答案.pdfVIP

宏观经济学纸质练习Ch23-Ch24

：学号：得分：____________

AMultiplechoice(2’*15=30’)

1.Economicgrowthismeasuredby

A)changesinrealGDP.

B)changesinnominalGDP.

C)changesintheemploymentrate.

D)Alloftheaboveareusedtomeasureeconomicgrowth.

Answer:A

2.TheRuleof70isusedto

A)estimatehowmuchofaneconomysgrowthrateisduetoincreasesincapitalper

houroflabor

B)calculatethestandardofliving

C)calculatetheeconomysgrowthrate

D)estimatehowlongitwilltakethelevelofanyvariabletodouble

Answer:D

3.ThecountryofKemperisonitsaggregateproductionfunctionatpointWinthe

abovefigure.ThegovernmentofKemperpassesalawthatmakes4yearsofcollege

mandatoryforallcitizens.Afterallcitizenshavetheireducation,theeconomywill

A)movetopointsuchasY.

B)remainatpointW.

C)movetopointsuchasX.

D)movetopointsuchasZ.

Answer:D

4.WhichofthefollowingstatementsareTRUEregardingthedemandforlabor?

I.Thequantityoflabordemandeddependsontherealwagerate.

II.Ifthemoneywagerateincreasesandthepricelevelremainsthesame,the

quantityoflabordemandeddecreases.

A)Ionly

B)IIonly

C)IandII

D)neitherInorII

Answer:C

5.Ifthemoneywageraterisesrelativetothepricelevel,firms________thequantity

oflabortheydemandandworkers________thequantityoflabortheysupply.

A)increase;increase

B)increase;decrease

C)decrease;increase

D)decrease;decrease

Answer:C

6.In2008,Australiahadagovernmentbudgetsurplusof$21.7billion.Thisbudget

surplusshiftsthedemandforloanablefundscurve________