宏观经济学期末考试试卷1(附答案)

effects on growth.

b. This is an in ward-orie nted policy which most econo mists believe have ben eficial effects on growth.

c. This is an outward-orie nted policy which most econo mists believe have adverse effects on

growth.

d. This is an outward-orie nted policy which most econo mists believe have ben eficial effects on growth.

6. Gen erally whe n econo mists and the text talk of the "in terest rate," they are talk ing about the

a. real interest rate.

b. current nominal interest rate.

c. real interest rate minus the inflation rate.

d. equilibrium nominal interest rat

e. 7. An in crease in the budget deficit

a. makes investment spending fall.

b. makes investment spending rise.

c. does not affect investment spending.

d. may in crease, decrease, or not affect in vestme nt spe nding.

8. Norne Corporation is considering building a new plant. It will cost them $1 million today to build it and it will gen erate revenues of $1,121 millio n three years from today. Of the in terest rates below, which is the highest i nterest rate at which Norne would still be willi ng to build the pla nt?

a. 3 percent

b. 3.5 percent

c. 4 percent

d. 4.5 perce nt

9. Recent entrants into the labor force account for about

a. 1/2 of those who are unemployed. Spells of unemployment end about 1/5 of the time with people leav ing the labor force.

b. 1/3 of those who are un employed. Spells of un employme nt end about 1/2 of the time with people leav ing the labor force.

c. 1/4 of those who are un employe

d. Spells of un employme nt end about 1/2 of the time with people leav ing the labor forc

e.

d. 1/4 of those who are un employed. Spells of un employme nt end about 1/5 of the time with

、选择题（每小题1 分，共30分）

1. The gover nment reports that "GDP in creased by 1.6 perce nt in the last quarter." This stateme nt means that GDP in creased

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.

2. A Brazilian company produces soccer balls in the United States and exports all of them. If the price of the soccer balls in creases, the GDP deflator

a. and the CPI both in crease.

b. is un cha nged and the CPI in creases.

c. in creases and the CPI is un cha nge

d. d. and the CPI are unchanged.

3. The price of CD players in creases dramatically, caus ing a 1 perce nt in crease in the CPI. The price in crease will most likely cause the GDP deflator to in crease by

a. more than 1 percent.

b. less than 1 percent.

c. 1 perce nt.

d. It is impossible to make an in formed guess without more in formati on. 4. A nation's standard of living is measured by its

a. real GDP.

b. real GDP per person.

c. nominal GDP.

d. nominal GDP per person.

5. In 2002 Preside nt Bush imposed restrict ions on imports of steel to protect the U.S.

steel in dustry.

a. This is an in ward-orie nted policy which most econo mists believe have adverse