宏观经济 第34章 货币政策和财政政策对总需求的影响(题目+答案)

宏观经济 第34章 货币政策和财政政策对总需求的影响(选择题目+答案)

第34章 货币政策和财政政策对总需求的影响

1. According to classical macroeconomic theory,

a. the price level is sticky in the short run and it plays only a minor role in the short-run adjustment process.

b. for any given level of output, the interest rate adjusts to balance the supply of, and demand for, money.

c. output is determined by the supplies of capital and labor and the available production technology.

d. All of the above are correct.

2. For the U.S. economy, which of the following helps explain the slope of the aggregate-demand curve?

a. An increase in the price level decreases the interest rate.

b. An increase in the price level increases the interest rate.

c. An increase in the money supply decreases the interest rate.

d. An increase in the money supply increases the interest rate.

3. Which of the following claims concerning the importance of effects that explain the slope of the U.S. aggregate-demand curve is correct?

a. The exchange-rate effect is relatively small because exports and imports are a small part of real GDP.

b. The interest-rate effect is relatively small because investment spending is not very responsive to interest rate changes.

c. The wealth effect is relatively large because money holdings are a significant portion of most households' wealth.

d. None of the above is correct.

4. In recent years, the Federal Reserve has conducted policy by setting a target for the a. size of the money supply.

b. growth rate of the money supply.

c. federal funds rate.

d. discount rate.

5. For the U.S. economy, which of the following is the most important reason for the downward slope of the aggregate-demand curve?

a. the wealth effect

b. the interest-rate effect

c. the exchange-rate effect

宏观经济 第34章 货币政策和财政政策对总需求的影响(选择题目+答案)

d. the real-wage effect

答案：CBACB

6. If the interest rate increases

a. or if the price level increases, then people will want to hold more money.

b. or if the price level increases, then people will want to hold less money.

c. or if the price level decreases, then people will want to hold more money.

d. or if the price level decreases, then people will want to hold less money.

7. If there is excess demand for money, then people will

a. deposit more money into interest-bearing accounts, and the interest rate will fall.

b. deposit more money into interest-bearing accounts, and the interest rate will rise.

c. withdraw money from interest-bearing accounts, and the interest rate will fall.

d. withdraw money from interest-bearing accounts, and the interest rate will rise.

8. The interest rate falls if

a. either money demand or money supply shifts right.

b. money demand shifts right or money supply shifts left.

c. either money demand or money supply shifts left.

d. money demand shifts left or money supply shifts right.

9. Other things equal, in the short run a higher price level leads households to

a. increase consumption and firms to buy more capital goods.

b. increase consumption and firms to buy fewer capital goods.

c. decrease consumption and firms to buy more capital goods.

d. decrease consumption and firms to buy fewer capital goods.

10. Open-market purchases

a. increase the price level and real GDP.

b. decrease the price level and real GDP.

c. increase the price level and decrease real GDP.

d. decrease the price level and increase real GDP.

答案：DDDDA

11. According to the crowding-out effect,

a. an increase in aggregate demand increases interest rates.

b. an increase in aggregate demand decreases interest rates.

c. an increase in aggregate demand increases money demand.

d. Both a and c are correct.

12. If the multiplier is 5, the MPC is

a. 0.05.

宏观经济 第34章 货币政策和财政政策对总需求的影响(选择题目+答案)

b. 0.5.

c. 0.6.

d. 0.8.

13. When the interest rate increases,

a. the opportunity cost of holding money falls, so people will want to hold less money.

b. the interest that people lose by holding a given amount of money in their purse increases, so people will want to hold less money.

c. the liquidity of non-monetary assets decreases so that people will want to hold more money. d. None of the above are correct.

14. A decrease in government spending initially and primarily shifts

a. aggregate demand right.

b. aggregate demand left.

c. aggregate supply right.

d. neither aggregate demand nor aggregate supply.

15. The multiplier effect is

a. the multiplied impact on investment of a given increase in interest rates.

b. the multiplied impact on aggregate demand of a given increase in government purchases. c. the multiplied impact on the money supply of a given increase in government purchases. d. the multiplied impact on tax revenues of a given increase in government purchases.

答案：DDBBB

11D：扩张性财政政策——总需求增加——货币需求增加——利率上升——投资减少——总需求减少

16. Most economists believe that fiscal policy affects

a. only aggregate demand and not aggregate supply.

b. mostly aggregate demand.

c. mostly aggregate supply.

d. Both a and b are correct.

17. A decrease in government spending

a. increases the interest rate and so inve …… 此处隐藏：4132字，全部文档内容请下载后查看。喜欢就下载吧 ……