第一章 单元测试
1、单选题：Macroeconomics does not try to answer the question of:
A:what causes recessions and depressions.
B:why do some countries have high rates of inflation.
C:what is the rate of return on education.
D:why do some countries experience rapid growth
正确答案:【what is the rate of return on education.】
2、单选题：All of the following are types of macroeconomics data except the:
A:price of an IBM computer.
B:inflation rate.
C:unemployment rate.
D:growth rate of real GDP.
正确答案:【price of an IBM computer.】
3、单选题：The total income of everyone in the economy adjusted for the level of base year prices is called:
A:an inflation.
B:a business fluctuation.
C:real GDP.
D:a recession.
正确答案:【real GDP.】
4、单选题：Real GDP ______ over time and the growth rate of real GDP ______.
A:is steady; fluctuates
B:grows; is steady
C:grows; fluctuates
D:is steady; is steady
正确答案:【grows; fluctuates】
5、单选题：A period of falling prices is called:
A:deflation.
B:a recession.
C:a depression.
D:inflation.
正确答案:【deflation.】
第二章 单元测试
1、单选题：The assumption of continuous market clearing means that:
A:at any given instant, buyers can buy all that they want and sellers can sell all that they want at the going price.
B:in any given month, buyers can buy all that they want and sellers can sell all that they want at the going price.
C:buyers can buy all that they want at the going price.
D:sellers can sell all that they want at the going price.
正确答案:【at any given instant, buyers can buy all that they want and sellers can sell all that they want at the going price.】
2、单选题：All of the following statements about sticky prices are true except:
A:magazine publishers tend to change their newsstand prices only every three or four years.
B:the sticky-price model describes the equilibrium toward which the economy slowly gravitates.
C:in the short run, some wages and prices are sticky.
D:for studying year-to-year fluctuations, most macroeconomists believe that price stickiness is a better assumption than is price flexibility.
正确答案:【the sticky-price model describes the equilibrium toward which the economy slowly gravitates.】
3、单选题：The assumption of flexible prices is a more plausible assumption when applied to price changes that occur:
A:in the long run.
B:from year to year.
C:in the short run.
D:from minute to minute.
正确答案:【in the long run.】
4、单选题：GNP equals GDP ______ income earned domestically by foreigners ______ income that nationals earn abroad.
A:plus; minus
B:plus; plus
C:minus; minus
D:minus; plus
正确答案:【minus; plus】
5、单选题：The largest component of national income is:
A:net interest.
B:corporate profits.
C:compensation of employees.
D:proprietors’ income.
正确答案:【compensation of employees.】
6、单选题：If nominal GDP grew by 5 percent and real GDP grew by 3 percent, then the GDP deflator grew by approximately ______ percent.
A:3
B:8
C:5
D:2
正确答案:【2】
第三章 单元测试
1、单选题：In the long run, the level of national income in an economy is determined by its:
A:government budget surplus or deficit.
B:rate of economic and accounting profit.
C:factors of production and production function.
D:real and nominal interest rate.
正确答案:【factors of production and production function.】
2、单选题：At any particular point in time, the output of the economy:
A:is fixed because the supplies of capital and labor and the technology are fixed.
B:is fixed because the demand for goods and services is fixed.
C:varies because the supplies of capital and labor vary.
D:varies because the technology for turning capital and labor into goods and services varies.
正确答案:【is fixed because the supplies of capital and labor and the technology are fixed.】
3、单选题：In a Cobb-douglas production function the marginal product of labor will increase if:
A:average labor productivity decreases.
B:the quantity of labor increases.
C:capital’s share of output increases.
D:the quantity of capital increases.
正确答案:【the quantity of capital increases.】
4、单选题：According to the neoclassical theory of distribution, in an economy described by a Cobb-douglas production function, workers should experience high rates of real wage growth when:
A:average labor productivity is growing rapidly.
B:capital’s share of income is growing rapidly.
C:real interest rates are low.
D:real interest rates are high.
正确答案:【average labor productivity is growing rapidly.】
5、单选题：In the classical model with fixed income, an increase in the real interest rate could be the result of a(n):
A:increase in taxes.
B:decrease in government spending.
C:increase in government spending.
D:decrease in desired investment.
正确答案:【increase in government spending.】
第四章 单元测试
1、单选题：Money’s liquidity refers to the ease with which:
A:money can be converted into goods and services.
B:illegally obtained money can be laundered.
C:loans can be floated.
D:coins can be melted down.
正确答案:【money can be converted into goods and services.】
2、单选题：In a fractional-reserve banking system, banks create money when they:
A:make loans.
B:accept deposits.
C:exchange currency for deposits.
D:hold reserves.
正确答案:【make loans.】
3、单选题：If the currency-eposit ratio equals 0.5 and the reserve-eposit ratio equals 0.1, then the money multiplier equals
A:2.0.
B:0.6.
C:1.67.
D:2.5.
正确答案:【2.5.】
4、单选题：When the Fed makes an open-market sale, it:
A:increases the money multiplier (m).
B:increases the currency-deposit ratio (cr).
C:increases the monetary base (B).
D:decreases the monetary base (B).
正确答案:【decreases the monetary base (B).】
5、单选题：When the Federal Reserve conducts an open-market purchase, it buys bonds from the:
A:International Monetary Fund.
B:public.
C:Internal Revenue Service.
D:U.S. Treasury.
正确答案:【public.】
第五章 单元测试
1、单选题：If the demand for real money balances is proportional to real income, velocity will:
A:remain constant.
B:increase as income decreases.
C:increase as income increases.
D:vary directly with the interest rate.
正确答案:【remain constant.】
2、单选题：The quantity equation for money, by itself:
A:implies that real gross domestic product (GDP) is proportional to the money supply.
B:implies that the velocity of money is constant.
C:implies that the price level is proportional to the money supply.
D:may be thought of as a definition for velocity of money.
正确答案:【may be thought of as a definition for velocity of money.】
3、单选题：In the long run, according to the quantity theory of money and the classical macroeconomic theory, if velocity is constant, then ______ determines real GDP and ______ determines nominal GDP.
A:the money supply; the productive capability of the economy
B:velocity; the money supply
C:the productive capability of the economy; the money supply
D:the money supply; velocity
正确答案:【the productive capability of the economy; the money supply】
4、单选题：According to the classical dichotomy, when the money supply decreases, _____ will decrease.
A:consumption spending
B:the price level
C:investment spending
D:real GDP
正确答案:【the price level】
5、单选题：The concept of monetary neutrality in the classical model means that an increase in the money supply will increase:
A:both saving and investment by the same amount.
B:real interest rates.
C:nominal interest rates.
D:real GDP.
正确答案:【nominal interest rates.】
第六章 单元测试
1、单选题：Net capital outflow is equal to:
A:national saving minus the trade balance.
B:domestic investment minus national saving.
C:national saving minus domestic investment.
D:domestic investment plus the trade balance.
正确答案:【national saving minus domestic investment.】
2、单选题：If domestic saving exceeds domestic investment, then net exports are ______ and net capital outflows are ______.
A:positive; negative
B:negative; negative
C:positive; positive
D:negative; positive
正确答案:【positive; positive】
3、单选题：In a small open economy, if exports equal $5 billion and imports equal $7 billion, then there is a trade ______ and ______ net capital outflow.
A:deficit; negative
B:surplus; negative
C:deficit; positive
D:surplus; positive
正确答案:【deficit; negative】
4、单选题：Starting from a trade balance, if the world interest rate falls, then, holding other factors constant, in a small open economy the amount of domestic investment will _____ and net exports will _____.
A:increase, not change
B:increase; increase
C:decrease; increase
D:increase; decrease
正确答案:【increase; decrease】
5、单选题：If purchasing-power parity holds, then changes in domestic saving will _____ the real exchange rate.
A:
not change
B:
either increase or decrease
C:
increase
D:
decrease
正确答案:【
not change
】
第七章 单元测试
1、单选题：A policy that decreases the job separation rate _____ the natural rate of unemployment.
A:could either increase or decrease
B:will increase
C:will decrease
D:will not change
正确答案:【will decrease】
2、单选题：Any policy aimed at lowering the natural rate of unemployment must either ______ the rate of job separation or ______ the rate of job finding.
A:reduce; reduce
B:reduce; increase
C:increase; increase
D:increase; reduce
正确答案:【reduce; increase】
3、单选题：The unemployment resulting from wage rigidity and job rationing is called ______ unemployment.
A:frictional
B:minimum-wage
C:structural
D:insider
正确答案:【structural】
4、单选题：The minimum wage:
A:raises the wages of highly skilled workers.
B:has its greatest impact on teenage unemployment.
C:encourages master workers to take on apprentices.
D:is usually about 75 percent of the average wage earned in manufacturing.
正确答案:【has its greatest impact on teenage unemployment.】
5、单选题：Which of the following is the best example of structural unemployment?
A:Kirby is seeking a job as an airline pilot, but the high union wages in the industry have limited the number of jobs available.
B:Vickie lost her job as a graphic artist at a movie studio because she did not have training in computer-generated animation.
C:Tim is looking for a job with flexible hours but has not been offered one yet.
D:Fatima lost her job at a packing plant but has not looked very intensively for a new job because she still has 2 months of unemployment insurance benefits left.
正确答案:【Kirby is seeking a job as an airline pilot, but the high union wages in the industry have limited the number of jobs available.】
第八章 单元测试
1、单选题：Two economies are identical except that the level of capital per worker is higher in Highland than in Lowland. The production functions in both economies exhibit diminishing marginal product of capital. An extra unit of capital per worker increases output per worker:
A:in Highland, but not in Lowland.
B:more in Highland.
C:more in Lowland.
D:by the same amount in Highland and Lowland.
正确答案:【more in Lowland.】
2、单选题：In the Solow growth model the saving rate determines the allocation of output between:
A:investment and consumption.
B:output and capital.
C:saving and investment.
D:consumption and output.
正确答案:【investment and consumption.】
3、单选题：In the Solow growth model, the steady-state occurs when:
A:the saving rate equals the depreciation rate.
B:consumption per worker is maximized.
C:output per worker equals consumption per worker.
D:capital per worker is constant.
正确答案:【capital per worker is constant.】
4、单选题：In the Solow growth model, the steady state level of output per worker would be higher if the _____ increased or the _____ decreased.
A:depreciation rate; population growth rate
B:population growth rate; saving rate
C:population growth rate; depreciation rate
D:saving rate; depreciation rate
正确答案:【saving rate; depreciation rate】
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