nd 经济学导论 outcome2

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1、AssessmenttaskAssessmenttaskinstructionsTheUKeconomyismadeupofmillionsofpeopleandbillionsofeconomicactivities.Withintheseactivities,goodsandservicesarecreatedandexchanged.Itcanbecomplicatedattimesbutasimplemodelexplainingingeneraltermshowaneconomyisorganisedandhowthosein

2、volvedinteractisagoodstart.Question1DrawadiagramshowingtheparticipantsoftheCircularFlowofIncomeandexplainhowitoperates.Thesimplemodelissufficientforabeginning,butaneconomyismorecomplexandinvolvesexternalinfluences,whichcanraiseorlowereconomicactivity.QuestionIdentifythre

3、einjectionsandthreewithdrawalsfromtheCircularFlowofIncome;giveexamplesofeach,andhowtheyaffectlevelsofeconomicactivity.Inthefollowingtable,thereareexamplesofthegrowthrateofvariouscountriesovernineyearsCountryUnitedKingdomUnitedStatesBulgariaSwitzerland19944.74.01.80.31995

4、.9.7.10.61996.63.6-9.40.319973.44.4-5.61.719983.04.34.0.41999.14.1.31.60003.13.85.43.00011.90.34.01.3001.6.43.50.6Question3Chooseanytwoofthefollowingquestions:(a)ExplainatleastthreedifficultiesencounteredinmeasuringtheNationalIncomeofacountry.(b)Explain(usingatleastthree

5、reasons)whyitisdifficulttocomparethegrowthratesofthecountriesinthetableabove.(c)ExplainhowthemultipliereffectcouldsubstantiallyraisethelevelofNationalIncome.(d)Explainthedifferencebetweenrealandnominalgrowthusingthetableabove.AssessmenttaskOutcome(s)coveredSuggestedsolut

6、ionandmakinganassessmentdecisionQuestion1Acircularflowdiagramclearlyidentifyingthefollowingintheircorrectplaces:Firms:Households:Marketsforfactorsofproduction:Land,labour,capitalandwages,rent,profitandincome.revenuespendingGoodsandservicessoldGoodsandservicesboughtFirmsH

7、ouseholdsProductioninputsLand,labour,capitalWages,rent,profitincome（PPT书P74）QuestionInjections:InvestmentWithdrawals:SavingsGovernmentspendingTaxationExportsImportsAppropriateexamples:Investments:Newfactorybeingbuilt【builtanewprivateenterprise(grow)】Governmentspending:Ne

8、whospitalbeingbuilt(notPFIorPPP)【builtpublicschools(grow)】Exports:Firmwinsordertosupplynewcomputerstofo