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总需求-总供给20个选择题,高手来做
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2008-08-22
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IS-LM AS-AD quiz.doc
澳洲某大学测试题。做完请联系qq:18448114
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沙发
缺
2008-8-22 16:17:00
Question 1
1 points
Save
As the unemployment rate rises:
<script type="text/javascript"></script>
the proportion of the unemployed finding a job decreases.
the separation rate must decrease.
the young and unskilled experience larger-than-average increases in unemployment.
both a. and c. are right
all of the above are right
Question 2
1 points
Save
In the aggregate supply relation, the current price level depends upon:
<script type="text/javascript"></script>
the markup, μ.
monetary policy.
fiscal policy.
consumer confidence.
all of the above
Question 3
1 points
Save
Which of the following is associated with high unemployment rate?
<script type="text/javascript"></script>
rising long term unemployment ratio with a lag
declining proportion of unemployment finding a job
rising rate of separations through lay-off
all of the above
Question 4
1 points
Save
Simulations and econometric studies both show that money becomes neutral about ________ after a change in monetary policy.
<script type="text/javascript"></script>
one month
three months
one year
four years
ten years
Question 5
1 points
Save
For this question, assume that the economy is initially operating at the natural level of output. A simultaneous increase in government spending and reduction in the price target by the central bank will cause which of the following?
<script type="text/javascript"></script>
an increase in output and an increase in the aggregate price level in the short run
a reduction in output and a reduction in the nominal wage in the short run
a reduction in investment in the medium run
a reduction in the interest rate in the medium run
an increase in the aggregate price level, no change in output, and no change in the interest rate in the medium run
Question 6
1 points
Save
At the current level of output, suppose the actual price level is less than the price level that individuals expect (i.e., P
t
< P
e
t
).
We know that:
<script type="text/javascript"></script>
output is currently below the natural level of output.
the interest rate will tend to rise as the economy adjusts to this situation.
the nominal wage will tend to increase as individuals revise their expectations of the price level.
any subsequent reduction in the aggregate price level will cause an increase in the real money supply and a rightward shift in the aggregate demand curve.
none of the above
Question 7
1 points
Save
Assume product markets become less competitive in Australia. Given this information, we would expect to observe which of the following?
<script type="text/javascript"></script>
no shift in the wage setting curve
an increase in unemployment
a decrease in the real wage
a downward shift in the price setting curve
all of the above
Question 8
1 points
Save
Efficiency wage theory suggests that:
<script type="text/javascript"></script>
workers will be paid more than their reservation wage.
productivity might drop if the wage rate is too high.
the government can only set tax rates so high before people will prefer not to work.
unskilled workers will have a lower turnover rate than skilled workers.
firms will be more resistant to wage increases as the labour market tightens.
Question 9
1 points
Save
Which of the following would cause an increase in the natural level of output?
<script type="text/javascript"></script>
a decrease in government spending
a decrease in the money supply
an increase in taxes
a decrease in taxes
none of the above
Question 10
1 points
Save
"Money is neutral" means that either an expansionary or a contractionary monetary policy:
<script type="text/javascript"></script>
will make society neither more nor less moral than it was before.
will not change output in the short run.
will not change output in the medium run.
will not change the price level in the short run.
will not change the price level in the medium run.
Question 11
1 points
Save
For this question, assume that the economy is initially operating at the natural level of output. A reduction in the government spending will cause:
<script type="text/javascript"></script>
an increase in the real wage in the medium run.
a reduction in the real wage in the medium run.
no change in the real wage in the medium run.
ambiguous effects on the real wage in the medium run.
Question 12
1 points
Save
The aggregate demand curve will shift to the right when which of the following occurs?
<script type="text/javascript"></script>
a decrease in the money supply
a reduction in consumer confidence
a rise in the price level
a decrease in taxes
a decrease in the price level
Question 13
1 points
Save
Which of the following statements about the adjustment process in the economy is incorrect?
<script type="text/javascript"></script>
Output in excess of the natural level leads to higher prices.
Higher prices increase demand.
An increase in demand increases output.
An increase in output increases employment.
An increase in employment decreases unemployment.
Question 14
1 points
Save
An increase in government spending will, in the short run, cause an increase in:
<script type="text/javascript"></script>
the interest rate.
the price level.
output.
all of the above
none of the above
Question 15
1 points
Save
Suppose there is an increase in the price of oil. The central bank does not change its price target. The change in the price of oil will cause which of the following in the medium run?
<script type="text/javascript"></script>
a decrease in output
no change in the price level
an increase in the interest rate
all of the above
none of the above
Question 16
1 points
Save
When the central bank controls the interest rate, the aggregate demand (AD) curve is downward sloping because:
<script type="text/javascript"></script>
a reduction in the money supply (M) will cause an increase in the interest rate, a reduction in investment, and a reduction in output.
a reduction in the aggregate price level (P) will cause the central bank to reduce the interest rate and thus increase output.
a reduction in P will cause an increase in the real wage, a reduction in employment, and a reduction in output.
as P increases, goods and services become relatively more expensive and individuals respond by reducing the quantity demanded of goods and services.
Question 17
1 points
Save
When output is greater than the natural level:
<script type="text/javascript"></script>
the unemployment rate is greater than the natural unemployment rate.
the price level is greater than the expected price level.
the price level will be lower next period than this period.
all of the above
none of the above
Question 18
1 points
Save
For this question, assume that the economy is initially operating at the natural level of output. When the central bank controls the interest rates, an increase in the price target will cause:
<script type="text/javascript"></script>
no change in the real wage in the medium run.
an increase in investment in the medium run.
a reduction in the interest rate in the medium run.
no change in the nominal wage in the medium run.
Question 19
1 points
Save
For this question, assume the central bank controls the interest rate and the economy is initially operating at the natural level of output. A reduction in taxes must cause:
<script type="text/javascript"></script>
an increase in investment in the medium run.
a reduction in investment in the short run.
no change in investment in the medium run.
an increase in investment in the short run.
none of the above
Question 20
1 points
Save
As product markets become less competitive and the markup rises, we would expect which of the following to occur?
<script type="text/javascript"></script>
no change in the real wage in the medium run
an increase in the aggregate price level as output increases
a reduction in the interest rate in the medium run
no change in output in the medium run
a reduction in the real wage in the medium run
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藤椅
缺
2008-8-22 16:18:00
第二贴当是预览,有兴趣和实力的帮忙一起做一做
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板凳
缺
2008-8-23 13:59:00
都没有人做吗
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