发布时间 : 星期二 文章宏观经济学练习题chapter02更新完毕开始阅读8b3b9e2b4b73f242336c5f4f
Chapter 2/Measuring a Nation’s Income ? 13
80.
A firm produces consumer goods and adds some to inventory in the third quarter. In the fourth quarter the firm sells the goods at a retail outlet which leaves their inventory diminished. As a result of these actions, what component(s) of real GDP change in the fourth quarter? a. only investment and it decreases b. only consumption and it increases c. Investment decreases and consumption increases. d. None of the above is correct. ANSWER: c. investment decreases and consumption increases. TYPE: M DIFFICULTY: 3 SECTION: 10.3
81. A U.S. publisher purchases new computers. This purchase by itself makes a. investment and GDP higher. b. investment higher and leaves GDP unchanged. c. investment higher and reduces GDP. d. neither investment nor GDP higher. ANSWER: a. investment and GDP higher. TYPE: M DIFFICULTY: 1 SECTION: 10.3
82. A Minnesota farmer buys a new tractor made in Iowa by a German company. As a result a. U.S. investment and GDP increase, but German GDP is unaffected. b. U.S. investment and German GDP increase, but U.S. GDP is unaffected. c. U.S. investment, U.S. GDP, and German GDP are unaffected, because tractors are intermediate goods. d. U.S. investment, U.S. GDP, and German GDP all increase. ANSWER: a. U.S. investment and GDP increase, but German GDP is unaffected. TYPE: M DIFFICULTY: 2 SECTION: 10.3
83. If a U.S. citizen buys a television made in Korea by a Korean firm, a. U.S. net exports decrease, and U.S. GDP decreases. b. U.S. net exports are unaffected, and U.S. GDP decreases. c. U.S. net exports are unaffected, and U.S. GDP is unaffected. d. U.S. net exports decrease but U.S. GDP is unaffected. ANSWER: d. U.S. net exports decrease but U.S. GDP is unaffected. TYPE: M DIFFICULTY: 2 SECTION: 10.3
84. If a U.S. household buys a $75 handbag from Italy, U.S. consumption increases by $75, U.S. a. imports increase by $75, and U.S. GDP increases by $75. b. imports increase by $75, but U.S. GDP is unaffected. c. imports are unaffected, and U.S. GDP is unaffected. d. exports increase by $75, and U.S. GDP increases by $75. ANSWER: b. imports increase by $75, but U.S. GDP is unaffected. TYPE: M DIFFICULTY: 2 SECTION: 10.3 85.
Steph buys a designer dress produced by an American-owned fashion shop in France. As a result, U.S. consumption increases, U.S. net exports a. decrease, U.S. GDP is unaffected, but U.S. GNP increases. b. decrease, U.S. GDP increases, but U.S. GNP is unaffected. c. decrease, U.S. GNP increases, but French GDP is unaffected. d. are unaffected, U.S. GDP is unaffected, but French GDP increases. ANSWER: a. decrease, U.S. GDP is unaffected, but U.S. GNP increases. TYPE: M DIFFICULTY: 3 SECTION: 10.3
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86.
A German citizen buys an automobile produced in the United States by a Japanese company. As a result,
a. U.S. net exports increase, U.S. GNP and GDP are unaffected, Japanese GNP increases, German net exports
decrease, and German GNP and GDP are unaffected.
b. U.S. net exports, GNP, and GDP increase, Japanese GDP increases, German net exports decrease, and German
GDP is unaffected.
c. U.S. net exports and GDP increase, Japanese GNP increases, German net exports decrease, and German GDP and
GNP are unaffected.
d. U.S. net exports, GNP, and GDP are unaffected, Japanese GNP increases, German net exports decrease, and
German GDP and GNP fall.
ANSWER: c. U.S. net exports and GDP increase, Japanese GNP increases, German net exports decrease, and German
GDP and GNP are unaffected.
TYPE: M DIFFICULTY: 3 SECTION: 10.3 87.
After the terrorist attack on September 11, governments raised expenditures to increase security at airports. These purchases of goods and services are a. not included in GDP since they are not productive. b. not included in GDP since the government will have to raise taxes to pay for them. c. included in GDP since government expenditures are included in GDP. d. included in GDP only to the extent that the Federal, and not state or local governments, paid for them. ANSWER: c. included in GDP since government expenditures are included in GDP. TYPE: M DIFFICULTY: 2 SECTION: 10.3 88.
The U.S. Air Force pays a Turkish citizen $30,000 to work on a U.S. base in Turkey. As a result,
a. U.S. government purchases increase by $30,000 and U.S. net exports decrease by $30,000. U.S. GDP and GNP are
unaffected.
b. U.S. government purchases increase by $30,000 and U.S. GNP increases by $30,000. U.S. GDP and net exports are
unaffected.
c. U.S. government purchases, net exports, GDP, and GNP are unaffected. d. U.S. government purchases increase by $30,000 and U.S. net exports decrease by $30,000. U.S. GNP increases by
$30,000, but U.S. GDP is unaffected.
ANSWER: a. U.S. government purchases increase by $30,000 and U.S. net exports decrease by $30,000. U.S. GDP and
GNP are unaffected.
TYPE: M DIFFICULTY: 2 SECTION: 10.3 89.
A wind farm in Iowa buys a large turbine generator from a Swedish-owned factory located in Connecticut that uses local workers. a. U.S. investment, GDP, and GNP all increase by the same amount. b. U.S. investment increases, but GDP and GNP are unaffected by the purchase. c. U.S. investment and GDP increase by the same amount, but U.S. GNP increases by a smaller amount. d. U.S. investment and GNP increase by the same amount, but U.S. GDP increases by a smaller amount. ANSWER: c. U.S. investment and GDP increase by the same amount, but U.S. GNP increases by a smaller amount. TYPE: M DIFFICULTY: 3 SECTION: 10.3 90.
A transfer payment is
a. a payment for moving expenses a worker receives when he or she is transferred by an employer to a new
location.
b. a payment that is automatically transferred from your bank account to pay your utility bill. c. the term that is used to indicate that your paycheck has been automatically deposited to your bank account. d. a form of government spending that is not made in exchange for a currently produced good or service. ANSWER: d. a form of government spending that is not made in exchange for a currently produced good or service. TYPE: M DIFFICULTY: 1 SECTION: 10.3 91.
Which of the following represents a transfer payment?
a. you transfer $1,000 from your bank account to a mutual fund. b. the government sends your grandfather his Social Security check. c. the bank transfers $10 quarterly interest to your savings account.
d. your employer automatically transfers $100 each month from your wages to a non-taxable medical spending
account.
ANSWER: b. the government sends your grandfather his Social Security check. TYPE: M DIFFICULTY: 1 SECTION: 10.3
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Chapter 2/Measuring a Nation’s Income ? 15
92.
If the U.S. government pays an economist at the U.S. Department of Commerce $50,000 in salary in 2003, and $30,000 in retirement benefits in 2004 a. each payment will be included in GDP as government purchases for the respective years. b. the 2003 payment is included in 2003 GDP as government purchases, but the 2004 payment is not included in
2004 GDP.
c. the 2003 payment is included in 2003 GDP as government purchases, and the 2004 payment is included in 2004
GDP as government transfer payments.
d. the 2003 payment is included in 2003 GDP as government purchases, and the 2004 payment is allocated to
previous years' GDP according to the amount of work performed each year.
ANSWER: b. the 2003 payment is included in 2003 GDP as government purchases, but the 2004 payment is not
included in 2004 GDP.
TYPE: TF DIFFICULTY: 2 SECTION: 23.3
93. To encourage formation of small businesses, the government could provide subsidies; these subsidies would a. be included in GDP because they are part of government expenditures. b. be included in GDP because they are part of investment expenditures. c. not be included in GDP because they are transfer payments. d. not be included in GDP because the government raises taxes to pay for them. ANSWER: c. not be included in GDP because they are transfer payments. TYPE: M DIFFICULTY: 1 SECTION: 10.3
94. Transfer payments are a. included in GDP because they represent income to individuals. b. not included in GDP because they are not payments for currently produced goods or services. c. included in GDP because the income will be spent for consumption. d. not included in GDP because taxes will have to be raised to pay for them. ANSWER: b. not included in GDP because they are not payments for currently produced goods or services. TYPE: M DIFFICULTY: 1 SECTION: 10.3
95. Social Security payments are a. included in GDP because they represent payment for work performed in the past. b. included in GDP because they represent potential consumption. c. excluded from GDP because they do not represent current government purchases of goods and services. d. excluded from GDP because they are not private pensions. ANSWER: c. excluded from GDP because they do not represent current government purchases of goods and services. TYPE: M DIFFICULTY: 1 SECTION: 10.3
96. Unemployment compensation is a. part of GDP because it represents income. b. not part of GDP because it is a transfer payment. c. part of GDP because the recipients must have worked in the past to qualify. d. not part of GDP because the payments reduce business profits. ANSWER: b. not part of GDP because it is a transfer payment. TYPE: M DIFFICULTY: 1 SECTION: 10.3
97. Which of the following is included in U.S. GDP? a. U.S. exports of goods and services b. Social Security payments c. the sale of used goods d. None of the above are correct. ANSWER: a. U.S. exports of goods and services TYPE: M DIFFICULTY: 1 SECTION: 10.3
98. Which of the following is included in the Consumption component of GDP? a. Social Security payments b. purchases of foreign goods and services c. purchases of newly constructed homes d. All of the above are correct. ANSWER: b. purchases of foreign goods and services TYPE: M DIFFICULTY: 1 SECTION: 10.3
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99. Which of the following is included in the investment component of GDP? a. purchases of newly constructed homes b. purchases of foreign capital goods such as industrial equipment c. changes in inventory d. All of the above are correct. ANSWER: d. All of the above are correct. TYPE: M DIFFICULTY: 2 SECTION: 10.3
100. Which of the following is included in the investment component of GDP? a. purchases of stocks and bonds b. purchases of capital equipment that were manufactured in a foreign country by a foreign firm c. the estimated rental value of owner-occupied housing d. None of the above are correct. ANSWER: b. purchases of capital equipment that were manufactured in a foreign country by a foreign firm. TYPE: M DIFFICULTY: 2 SECTION: 10.3
101. Which of these would NOT be included in the component(s) listed after them? a. Mary buys a skateboard manufactured in Germany—U.S. consumption and U.S. imports. b. Shelly adds DVDs produced in the United States to her inventory—U.S. investment. c. Emily receives her Social Security check—U.S. government expenditures. d. None of the above are correct. ANSWER: c. Emily receives her social security check—U.S. government expenditures. TYPE: M DIFFICULTY: 1 SECTION: 10.3 102. Which of these things would NOT be included in the components listed after them?
a. Ruth buys a motorcycle made in Japan to ride on her weekends off—U.S. consumption and U.S. import. b. Shirley owns her own home which has an estimated rental value—U.S. consumption c. Beverly buys a newly issued stock in a U.S. corporation—U.S. investment.
d. Samantha produces some art work but doesn’t sell them all in the current quarter and so adds them to her
inventory—investment.
ANSWER: c. Beverly buys a newly issued stock in a U.S. corporation—U.S. investment. TYPE: M DIFFICULTY: 1 SECTION: 10.3 103. In 2001, U.S. GDP was about a. $10.1 trillion. b. $101 trillion. c. $10.1 billion. d. $101 billion. ANSWER: a. $10.1 trillion.
TYPE: M DIFFICULTY: 2 SECTION: 10.3
104. In 1998, GDP per person in the United States was about a. $104,000. b. $63,000. c. $36,000. d. $24,000. ANSWER: c. $36,000
TYPE: M DIFFICULTY: 2 SECTION: 10.3
105. In the United States in 2001, consumption represented approximately a. 40 percent of GDP. b. 50 percent of GDP. c. 60 percent of GDP. d. 70 percent of GDP. ANSWER: c. 60 percent of GDP. TYPE: M DIFFICULTY: 2 SECTION: 10.3
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