经济学原理对应练习Ch 30.doc
- 文档编号:140295
- 上传时间:2022-10-04
- 格式:DOC
- 页数:33
- 大小:303.50KB
经济学原理对应练习Ch 30.doc
《经济学原理对应练习Ch 30.doc》由会员分享,可在线阅读,更多相关《经济学原理对应练习Ch 30.doc(33页珍藏版)》请在冰豆网上搜索。
Chapter30/MoneyGrowthandInflationv1279
Chapter30
MoneyGrowthandInflation
MultipleChoice
1. Inflationcanbemeasuredbythe
a. changeintheconsumerpriceindex.
b. percentagechangeintheconsumerpriceindex.
c. percentagechangeinthepriceofaspecificcommodity.
d. changeinthepriceofaspecificcommodity.
ANS:
B PTS:
1 DIF:
1 REF:
30-1
TOP:
Inflation MSC:
Definitional
2. Overthelast70yearstheaverageannualU.S.inflationratewasabout
a. 2percent.
b. 4percent.
c. 6percent.
d. 8percent.
ANS:
B PTS:
1 DIF:
1 REF:
30-1
TOP:
U.S.inflation MSC:
Definitional
3. Overthelast70yearstheaverageannualU.S.inflationratewasabout
a. 2percentimplyingthatpriceshaveincreased10-fold.
b. 4percentimplyingthatpriceshaveincreased10-fold.
c. 2percentimplyingthatpriceshaveincreased16-fold.
d. 4percentimplyingthatpricesincreasedabout16-fold.
ANS:
D PTS:
1 DIF:
1 REF:
30-1
TOP:
Inflationrate MSC:
Definitional
4. Thepricelevelrisesfrom120to150.Whatwastheinflationrate?
a. 30%
b. 25%
c. 20%
d. Noneoftheaboveiscorrect.
ANS:
B PTS:
1 DIF:
1 REF:
30-1
TOP:
Inflation MSC:
Applicative
5. Thepricelevelrisesfrom120to126.Whatistheinflationrate?
a. 3%
b. 5%
c. 6%
d. Noneoftheaboveiscorrect.
ANS:
B PTS:
1 DIF:
1 REF:
30-1
TOP:
Inflation MSC:
Applicative
6. Whenpricesarefalling,economistssaythatthereis
a. disinflation.
b. deflation.
c. acontraction.
d. aninvertedinflation.
ANS:
B PTS:
1 DIF:
1 REF:
30-1
TOP:
Deflation MSC:
Definitional
7. Ifthepriceindexinsomecountrywerefallingovertime,economistswouldsaythatcountryhad
a. disinflation.
b. deflation.
c. acontraction.
d. aninvertedinflation.
ANS:
B PTS:
1 DIF:
1 REF:
30-1
TOP:
Deflation MSC:
Applicative
8. Deflation
a. increasestheabilitytopaydebtsandraisesthevalueofmoney.
b. increasestheabilitytopaydebtsandlowersthevalueofmoney.
c. reducestheabilitytopaydebtsandraisesthevalueofmoney.
d. reducestheabilitytopaydebtsandlowersthevalueofmoney.
ANS:
C PTS:
1 DIF:
2 REF:
30-1
TOP:
U.S.inflation MSC:
Interpretive
9. WhichofthefollowingstatementsaboutU.S.inflationisnotcorrect?
a. LowinflationwasviewedasatriumphofPresidentCarter'seconomicpolicy.
b. Therewerelongperiodsinthenineteenthcenturyduringwhichpricesfell.
c. TheU.S.publichasviewedinflationofeven7percentasamajoreconomicproblem.
d. TheU.S.inflationratehasvariedovertime,butinternationaldatashowsevenmorevariation.
ANS:
A PTS:
1 DIF:
1 REF:
30-1
TOP:
U.S.inflation MSC:
Definitional
10. WhichofthefollowingconcerningthehistoryofU.S.inflationisnotcorrect?
a. Pricesroseatanaverageannualrateofabout4percentoverthelast70years.
b. Therewasabouta16-foldincreaseinthepriceleveloverthelast70years.
c. Inflationinthe1970swasbelowtheaverageoverthelast70years.
d. Duringit’shistorytheUnitedStateshasexperiencedperiodsofdeflation.
ANS:
C PTS:
1 DIF:
1 REF:
30-1
TOP:
U.S.inflation MSC:
Definitional
11. Whichofthefollowingiscorrect?
a. hyperinflationisaperiodofextraordinarilyhighinflation.
b. deflationisnegativeinflation,notjustadecreaseintheinflationrate.
c. duringthe1990sUSinflationaveraged2%peryear.
d. Alloftheabovearecorrect.
ANS:
D PTS:
1 DIF:
1 REF:
30-1
TOP:
Inflation MSC:
Definitional
12. Therewashyperinflation
a. during1880-1896intheUnitedStates.
b. inpost-WorldWarIGermany.
c. duringthe1970sintheUnitedStates.
d. Alloftheabovearecorrect.
ANS:
B PTS:
1 DIF:
1 REF:
30-1
TOP:
Hyperinflation MSC:
Definitional
13. Theclassicaltheoryofinflation
a. isalsoknownasthequantitytheoryofmoney.
b. wasdevelopedbysomeoftheearliesteconomicthinkers.
c. isusedbymostmoderneconomiststoexplainthelong-rundeterminantsoftheinflationrate.
d. Alloftheabovearecorrect.
ANS:
D PTS:
1 DIF:
1 REF:
30-1
TOP:
Classicaldichotomy MSC:
Definitional
14. Thequantitytheoryofmoney
a. isafairlyrecentadditiontoeconomictheory.
b. canexplainbothmoderateinflationandhyperinflation.
c. arguesthatinflationiscausedbytoolittlemoneyintheeconomy.
d. Alloftheabovearecorrect.
ANS:
B PTS:
1 DIF:
1 REF:
30-1
TOP:
Quantitytheory MSC:
Definitional
15. Economistsallagreethat
a. neitherhighinflationnormoderateinflationisverycostly.
b. bothhighandmoderateinflationarequitecostly.
c. highinflationiscostly,butdisagreeaboutthecostsofmoderateinflation.
d. moderateinflationisascostlyashighinflation.
ANS:
C PTS:
1 DIF:
1 REF:
30-1
TOP:
Inflationcosts MSC:
Definitional
16. Asthepriceleveldecreases,thevalueofmoney
a. increases,sopeoplewanttoholdmoreofit.
b. increases,sopeoplewanttoholdlessofit.
c. decreases,sop
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 经济学原理对应练习 Ch 30 经济学原理 对应 练习