宏观经济学chap07习题

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1、Macroeconomics,8e(Parkin)Testbank1Chapter7AtFullEmployment:TheClassicalModel7.1TheClassicalModel:APreview1)RealvariablesA)arethosethatdeterminethecostofliving.B)arethosethatdetermineeconomicwell-being・C)includevariablessuchasthepricelevelandinflationrate.D)Noneoftheaboveanswersiscorrect・Answer:

2、BTopic:RealVariablesSkill:Recognition2)Allofthefollowingarerealvariables,exceptA)thepricelevelB)savingC)employmentD)investmentAnswer:ATopic:RealVariablesSkill:Conceptual^3)AnexampleofanominalvariableisA)thelevelofunemployment.B)thepricelevel.C)aggregateworkinghours.D)therealwagerate.Answer:BTop

3、ic:NominalVariablesSkill:Recognition4)NominalvariablesareexpressedintermsofA)deflatedvalues・B)constantvalues.C)dollarvalues.D)baseyearvalues・Answer:CTopic:NominalVariablesSkill:Recognition5)TheclassicaldichotomyisadiscoverythatstatesA)realandnominalvariablesareactuallythesamething.A)whentheecon

4、omyisatfullemployment,theforcesthatdeterminetherealvariablesareindependentofthosethatdeterminethenominalvariables.B)throughoutthebusinesscycle,theforcesthatdeterminetherealvariablesareindependentofthosethatdeterminethenominalvariables.C)onlynominalvariablescausebusinesscycles・Answer:BTopic:Clas

5、sicalDichotomySkill:Recognition1)TheclassicaldichotomyholdstrueA)whenthereisfullemployment.B)onlyifthereisinflation.C)whentheeconomyisnotatfullemployment.D)overallpartsofthebusinesscycle.Answer:ATopic:ClassicalDichotomySkill:Recognition2)Theclassicaldichotomyapplieswhentheeconomyonlywhentheecon

6、omyA)isatfullemployment.B)haslessthanfullemploymentC)isinarecession.D)hasmorethanfullemployment.Answer:ATopic:ClassicalDichotomySkill:Recognition3)TheclassicaldichotomydoesnotapplyA)whentheeconomyisatfullemployment.B)whentheeconomyisinabusinesscyclerecession.C)atanytimeintherealworld・D)Noneofth

7、eaboveanswersiscorrectbecausetheclassicaldichotomyalwaysapplies.Answer:BTopic:ClassicalDichotomySkill:Recognition4)IfwewanttocomparewhyrealGDPisvastlydifferentbetweentwonations,theclassicaldichotomymeansthatwehavetoexamineA)onlyth