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1、學院 姓名 學號 任課老師 選課號/座位號 密封線以內(nèi)答題無效電子科技大學二零 一四 至二零 一五 學年第 一 學期期 中 考試 經(jīng)濟學II 課程考試題 A 卷( 90 分鐘) 考試形式:閉卷 考試日期:2014年 11月 3 日一二三四五六七八九十合計復核人簽名得分簽名得 分一、判斷題(正確的打“”,錯誤的打“×”,每小題2分,共20分)( )1Macroeconomics examines the behavior of economic aggregates. Microeconomics is the foundation of Macroeconomics.( )2 If

2、the Fed buys government bonds, the equilibrium value of money decreases and the equilibrium price level increases.( )3The slope of the saving curve is positive and increasing in income Y.( ×)4GDP can measure either the total income of everyone in the economy or the total expenditure on the econ

3、omys output of goods and services, but GDP cannot measure both at the same time.( )5The basic tools of supply and demand are as central to macroeconomic analysis as they are to microeconomic analysis.( × )6The Federal Reserve is a privately operated commercial bank.( )7An economys income is the

4、 same as its expenditure because every transaction has a buyer and a seller.(× )8The consumer price index is used to monitor changes in an economys production of goods and services over time.( × )9When economists refer to investment, they mean the purchasing of stocks and bonds and other t

5、ypes of saving.( )10Banks cannot influence the money supply if they hold all deposits in reserve.得 分二、單項選擇題(每小題2分,共40分)( D )1Dead-weight costs of inflation include:AInformational costs BMenu costs CShoe-leather costs DAll above( A )2Unemployment rate isApercentage of the labor force that is unemploy

6、edBthe fraction of the adult population that participates in the labor forceCpercentage of labor force that is not employed and not looking for workDNone of the above( A )3If the spontaneous consumption decreases, the IS curve willAshift to left Bshift to right Cbe unchanged Dmove down( D )4Institut

7、ions that help to match one person's saving with another person's investment are collectively called theA.Federal Reserve system.B.banking system.C. monetary system.D. financial system.( D )5Suppose that in 2010, the producer price index increases by 2 percent. As a result, economists most l

8、ikely will predict thatA. GDP will increase in 2011.B. the producer price index will increase by more than 2 percent in 2011.C. interest rates will decrease in the future.D.the consumer price index will increase in the future( D )6Economists use the term money to refer toA. all wealth.B. all assets,

9、 including real assets and financial assets.C. all financial assets, but real assets are not regarded as money.D. those types of wealth that are regularly accepted by sellers in exchange for goods and services.( B )7Which one is commodity money below?AToken BSilver CFiat DLegal tender( A )10Chinas s

10、aving rate in 2008 is aboutA51.3% B60% C5% D71.3%( B )8Which of the following changes will decrease investment?AA doubling of the annual revenues. BA rise in interest rates.CAn increase in tax rate on net profitsDAll above( D )9Money is not income, and money is not wealth. Money is:Aa means of payme

11、nt Ba store of value Ca unit of account DAll of above.( A )10M1, or transactions money is money that can be directly used for transactions. It includes: Acurrency held outside banksBall personal deposits Cnon-checkable depositsDAll above.( A )11The central bank performs important functions, but not

12、including: ASet the tax rateBClearing interbank paymentsCRegulating the banking systemDAll of above( B )12The IS model shows the relationship betweenAY & P BY & r CP & r DI & S( D )13Consider the following three items of spending by the government: (1) the federal government pays a $

13、500 unemployment benefit to an unemployed person; (2) the federal government makes a $2,000 salary payment to a Navy lieutenant; (3) the city of Bozeman, Montana makes a $10,000 payment to ABC Lighting Company for street lights in Bozeman. Which of these payments contributes directly to government p

14、urchases in the national income accounts?A(1)B(2)C(1) and (2)D(2) and (3).( C )14An American soldier stationed in California receives a paycheck from the federal government for $500, which she uses to purchase a $300 stereo made in Korea by a Korean firm and $200 worth of groceries produced in Calif

15、ornia. As a result, U.S. GDP increases byA$200 B$500 C$700 D$1000 ( D )15When economists talk about growth in the economy, they measure that growth as theAabsolute change in nominal GDP from one period to another.Bpercentage change in nominal GDP from one period to another.Cabsolute change in real G

16、DP from one period to another.Dpercentage change in real GDP from one period to another.( C )16Many things that society values, such as good health, high-quality education, enjoyable recreation opportunities, and desirable moral attributes of the population, are not measured as part of GDP. It follo

17、ws thatAGDP is not a useful measure of society's welfare.BGDP is still a useful measure of society's welfare because providing these other attributes is the responsibility of government.CGDP is still a useful measure of society's welfare because it measures a nation's ability to purc

18、hase the inputs that can be used to help produce the things that contribute to welfare.DGDP is still the best measure of society's welfare because these other values cannot actually be measured.( B )17During a presidential campaign, the incumbent argues that he should be reelected because nomina

19、l GDP grew by 12 percent during his 4-year term in office. You know that population grew by 4 percent over the period and that the GDP deflator increased by 6 percent during the past 4 years. You should conclude that real GDP per personAgrew by more than 12 percent.Bgrew, but by less than 12 percent

20、.Cwas unchanged.Ddecreased.( D )18In the IS model, endogenous variable(s) is (are)Aconsumption Binvestment Csaving Dall above variables( B )19If the consumption function is C = 100 + 0.75Y, the MPS isA100 B0.25 C0.75 DNone of the above( A )20The multiplier of transfer payment is AMPC/(1-MPC )B-MPC/(

21、1-MPC ) C1/(1-MPC ) D-1/(1-MPC )得 分三、計算題(共40分)1. The table below contains data for the country of Wrexington for the year 2009.Total income$5731Household purchases of durable goods$1108Household purchases of nondurable goods$702Household purchases of non-education services$203Household purchases of

22、education services$302Household purchases of new housing$816Purchases of capital equipment$333Inventory changes$75Purchases of new structures$267Depreciation$401Local government spending on goods and services$236State government spending on goods and services$419Federal government spending on goods

23、and services$1182Transfer payments$707Foreign purchases of domestically produced goods$217Domestic purchases of foreign goods$129Please answer the following questions. (共10分)a). What was Wrexingtons GDP in 2008? (2分)GDP= Total income=$5731=C+I+G+NX=2315+1491+1837+88b).What was Wrexingtons consumptio

24、n in 2008? (2分)Consumption= Household purchases of durable goods+ Household purchases of nondurable goods+ Household purchases of non-education services+ Household purchases of education services=$2315c). What was Wrexingtons investment in 2008? (2分)Investment= Household purchases of new housing+ Pu

25、rchases of capital equipment+ Inventory changes+ Purchases of new structures=$1491d).What were Wrexingtons government purchases in 2008? (2分)Government purchases= Local government spending on goods and services+ State government spending on goods and services+ Federal government spending on goods an

26、d services= $1837e). What were Wrexingtons net exports in 2008? (2分)Net exports= Foreign purchases of domestically produced goods- Domestic purchases of foreign goods= $882. 2. Consider an economy A described by the following equations:Y = C + I + G + NX,Y = 5,000,G = 1,000,T = 1,000,C = 250 + 0.75(

27、Y T ),I = 1,000 50r,NX = 500 500e,r = r* = 5.a. In this economy, solve for national saving, investment, the trade balance, and the equilibrium exchange rate.b. Suppose now that G rises to 1,250. Solve for national saving, investment, the trade balance, and the equilibrium exchange rate. c. Now suppo

28、se that the world interest rate rises from 5 to 10 percent. (G is again 1,000.) Solve for national saving, investment, the trade balance, and the equilibrium exchange rate. 3. The table below contains data for The First Bank of Wahooton. The First Bank of WahootonAssetsLiabilitiesReserves $25,000Deposits $150,000Loans 125,000Please answer the following questions. (共15分)a). If the bank faces a reserve requirement of 10 percent, how much excess reserves does th

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