福建师范大学2003级宏观经济学期末试卷B答案.pdf

更多大学本科期末试卷资料 尽在更多大学本科期末试卷资料 尽在试卷吧试卷吧 福建师范大学经济学院福建师范大学经济学院 2003 2004 学年第一学期学年第一学期 2003 级级 经济学专业经济学专业 宏观经济学 试题 宏观经济学 试题 B 卷 卷 试卷类别 闭卷 学号 姓名 考试时间 120 分 题 号 一 二 三 四 五 六 七 八 九 十 合 计 得 分 6 6 6 20 8 8 8 8 8 20 100 得 分 评卷人 一 一 What is economics Economics is the study of how societies choose to use scarce productive resources that have alternative uses to produce commodities of various kinds and to distribute them among different groups 得 分 评卷人 二 二 The goals of macroeconomic policy are 1 a high and growing level of national output 2 high employment with low unemployment 3 a stable or gently rising price level 得 分 评卷人 三三 Rate of inflation 更多大学本科期末试卷资料 尽在更多大学本科期末试卷资料 尽在试卷吧试卷吧 The rate of inflation denotes the rate of growth or decline of the price level from one year to the next 得 分 评卷人 四四 Multiple Choice Questions 1 The measure of the market value of all final goods and services produced in a country during a year is called a total product b gross domestic product c total domestic product d none of the above 2 Exports minus imports equals a GDP b CPI c Net exports d Inflation 3 The overall price and quantity at which all buyers and sellers are satisfied with their purchases sales and prices is called a the CPI b potential GDP c macroeconomic equilibrium d none of the above 4 Which of the following is the term used to describe an addition to a nation s capital stock a inflation b real GDP c nominal GDP d investment 5 The marginal propensity to consume is a the slope of the consumption function b the slope of the investment function 更多大学本科期末试卷资料 尽在更多大学本科期末试卷资料 尽在试卷吧试卷吧 c the slope of the saving function d none of the above 6 What do economists call the total amount of output that is willingly bought at a given level of prices a an econometric model b aggregate supply c aggregate demand d GDP 7 The multiplier model is a macroeconomic theory that a explains that inflation multiplied by GDP will equal personal disposable income b relies on the idea that each dollar change in exogenous expenditures leads to a more than a dollar change in GDP c both a and b d neither a nor b 8 A savings account would be included in a M1 b M2 c both a and b d neither a nor b 9 The amount of interest paid per unit of time expressed as a percentage of the amount borrowed is called a inflation b the interest rate c the present value d none of the above 10 Assets that banks hold in the form of cash or in funds deposited with the central bank are called a liabilities b net worth c reserves d M2 更多大学本科期末试卷资料 尽在更多大学本科期末试卷资料 尽在试卷吧试卷吧 得 分 评卷人 五五 GDP or gross domestic product can be measured in two different ways 1 as the flow of final products or 2 as the total costs or earnings of inputs producing output Because profit is a residual both approaches will yield exactly the same total GDP 得 分 评卷人 六 六 Factors that change aggregate demand include a macroeconomic policies such as monetary and fiscal policies b exogenous variables such as foreign economic activity technological advances and shifts in asset markets When these variables change they shift the AD curve 得 分 评卷人 七七 The Evolution of money Barter Commodity Money By the nineteenth century commodity money was almost exclusively limited to metals like silver and gold Modern Money The age of commodity money gave way to the age of paper money The essence of money is now laid bare Money is wanted not for its own sake but for the things it will buy Most money today is bank money deposits in a bank or other financial institution Today there is rapid innovation in developing different forms of money For example some financial institutions will now link a checking account to a savings account or even to a stock portfolio allowing customers to write checks on the value of their stock Traveler s checks can be used for many transactions and are included in the money supply Many companies are devising smart cards that allow people to pay for small items by simply passing the card through an electronic reader 更多大学本科期末试卷资料 尽在更多大学本科期末试卷资料 尽在试卷吧试卷吧 得 分 评卷人 八 八 What are the Business cycles or fluctuations Business cycles or fluctuations are swings in total national output income and employment marked by widespread expansion or contraction in many sectors of the economy 得 分 评卷人 九九 How do deposits created by the banking system Assume that the government buys a 1000 government bond from Ms Bondholder and she deposits the 1000 in her checking account at Bank 1 When Ms Bondholder made the deposit 1000 of bank money or checking deposits was created Now if the bank keeps a reserve requirement of 10 percent bank 1 now has excess 900 and will lend or invest the 900 The person who borrows the money of the 900 deposits it in her account in bank 2 Hence the total amount of M is now 1900 Bank 1 s activity has created 900 of new money After the 900 created by Bank 1 leaves the bank it will soon be deposited in another bank and at that point it starts up a chain of expansion whereby still more bank money is created 得 分 评卷人 十 十 write a short article in the title of macroeconomics 研究什么 研究什么 Macroeconomics is the study of the behavior of the economy as a whole It examines the overall level of a