货币银行学题库国际商学经济学 26.docx
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货币银行学题库国际商学经济学26
1Chapter25
AggregateDemandandSupplyAnalysis
2 MultipleChoice
1)Theaggregatedemandcurveis
(a)thetotalquantityofaneconomy’sintermediategoodsdemandedatallpricelevels.
(b)thetotalquantityofaneconomy’sintermediategoodsdemandedataparticularpricelevel.
(c)thetotalquantityofaneconomy’sfinalgoodsandservicesdemandedataparticularpricelevel.
(d)thetotalquantityofaneconomy’sfinalgoodsandservicesdemandedatdifferentpricelevels.
(e)noneoftheabove.
Answer:
D
QuestionStatus:
New
2)Thetotalquantityofaneconomy’sfinalgoodsandservicesdemandedatdifferentpricelevelsis
(a)theaggregatesupplycurve.
(b)theaggregatedemandcurve.
(c)thePhillipscurve.
(d)theaggregateexpenditurefunction.
(e)both(b)and(d)oftheabove.
Answer:
B
QuestionStatus:
New
3)Theaggregatesupplycurveis
(a)thetotalquantityofrawmaterialsofferedforsaleatdifferentprices.
(b)thetotalquantityoffinalgoodsandservicesofferedforsaleatthecurrentpricelevel.
(c)thetotalquantityoffinalgoodsandservicesofferedforsaleatdifferentpricelevels.
(d)thetotalquantityofintermediateandfinalgoodsandserviceofferedforsaleatdifferentpricelevels.
(e)thetotalquantityoffinalservicesofferedforsaleatdifferentpricelevels.
Answer:
C
QuestionStatus:
New
4)Thetotalquantityoffinalgoodsandservicesofferedforsaleatdifferentpricelevelsis
(a)theaggregatesupplycurve.
(b)theaggregatedemandcurve.
(c)thePhillipscurve.
(d)the45line.
(e)both(a)and(d)oftheabove.
Answer:
A
QuestionStatus:
New
5)InFriedman’smodernquantitytheory,changesinthemoneysupplyare
(a)unrelatedtochangesinthepricelevel.
(b)unrelatedtochangesininflation.
(c)unrelatedtoshiftsintheaggregatedemandcurve.
(d)theprimarysourceofchangesinaggregatespending.
Answer:
D
QuestionStatus:
PreviousEdition
6)Friedman’smodernquantitytheoryofmoneyconcludesthatchangesinaggregatespendingareprimarilydeterminedbychangesin
(a)governmentspendingandtaxes.
(b)thevelocityofmoney.
(c)interestrates.
(d)themoneysupply.
Answer:
D
QuestionStatus:
PreviousEdition
7)Theaveragenumberoftimesperyearthatadollarisspentonfinalgoodsandservicesiscalled
(a)velocity.
(b)acceleration.
(c)theequationofexchange.
(d)noneoftheabove.
Answer:
A
QuestionStatus:
PreviousEdition
8)Themodernquantitytheoryofmoneyisderivedfrom
(a)theconceptofvelocity.
(b)theKeynesianmonetarytransmissionmechanism.
(c)theequationofexchange.
(d)alloftheabove.
Answer:
C
QuestionStatus:
PreviousEdition
9)Monetaristsdeterminetheaggregatedemandcurvefrom
(a)theequationofexchange.
(b)itsthreecomponentparts:
consumerexpenditure,investmentspending,andgovernmentspending.
(c)itsfourcomponentparts:
consumerexpenditure,investmentspending,governmentspending,andnetexports.
(d)thespendingmultiplier.
Answer:
A
QuestionStatus:
PreviousEdition
10)Theaggregatedemandcurveslopesdownwardbecauseadecreaseinthepricelevelmeans
a(n)_____intherealmoneysupplyandthereforea_____levelofrealspending.
(a)increase;higher
(b)increase;lower
(c)decrease;lower
(d)decrease;higher
Answer:
A
QuestionStatus:
PreviousEdition
11)Accordingtothemonetaristsanincreaseinthemoneysupply,otherthingsequal,shiftstheaggregate_____curvetothe_____.
(a)demand;right
(b)demand;left
(c)supply;left
(d)supply;right
Answer:
A
QuestionStatus:
PreviousEdition
12)Accordingtomonetarists,adeclineinthemoneysupply,holdingotherfactorsconstant,shiftstheaggregate_____curvetothe_____.
(a)demand;right
(b)demand;left
(c)supply;right
(d)supply;left
Answer:
B
QuestionStatus:
PreviousEdition
13)Keynesiansanalyzeaggregatedemandintermsofitsfourcomponentparts:
(a)consumerexpenditures,plannedinvestmentspending,governmentspending,andnetexports.
(b)consumerexpenditures,actualinvestmentspending,governmentspending,andnetexports.
(c)consumerexpenditures,plannedinvestmentspending,governmentspending,andgrossexports.
(d)consumerexpenditures,plannedinvestmentspending,governmentspending,andtaxes.
Answer:
A
QuestionStatus:
PreviousEdition
14)TheKeynesiananalysisofaggregatedemandindicatesthatadeclineinthepricelevelcauses
(a)adeclineintherealmoneysupply,anincreaseininterestrates,adeclineininvestmentspending,andadeclineinaggregateoutputdemanded.
(b)adeclineintherealmoneysupply,adeclineininterestrates,anincreaseininvestmentspending,andanincreaseinaggregateoutputdemanded.
(c)anincreaseintherealmoneysupply,adeclineininterestrates,anincreaseininvestmentspending,andanincreaseinaggregateoutputdemanded.
(d)anincreaseintherealmoneysupply,anincreaseininterestrates,adeclineininvestmentspending,andadeclineinaggregateoutputdemanded.
Answer:
C
QuestionStatus:
PreviousEdition
15)Theaggregatedemandcurveisdownwardslopingbecause
(a)alowerpricelevel,holdingthenominalquantityofmoneyconstant,leadstoalargerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.
(b)alowerpricelevel,holdingthenominalquantityofmoneyconstant,leadstoalargerquantityofmoneyinnominalterms,causestheinterestratetorise,andstimulatesplannedinvestmentspending.
(c)ahigherpricelevel,holdingthenominalquantityofmoneyconstant,leadstoalargerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.
(d)ahigherpricelevel,holdingthenominalquantityofmoneyconstant,leadstoasmallerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.
Answer:
A
QuestionStatus:
PreviousEdition
16)Theaggregatedemandcurveisdownwardslopingbecause
(a)alowerpricelevelleadstoalargerquantityofmoneyinrealterms,causingtheinterestratetorise,loweringthevalueofthedollar,andraisingnetexports.
(b)alowerpricelevelleadstoalargerquantityofmoneyinrealterms,causingtheinterestratetofall,loweringthevalueofthedollar,andraisingnetexports.
(c)ahigherpricelevelleadstoasmallerquantityofmoneyinrealterms,causingtheinterestratetorise,loweringthevalueofthedollar,andraisingnetexports.
(d)ahigherpricelevelleadstoasmallerquantityofmoneyinrealterms,causingtheinterestratetorise,raisingthevalueofthedollar,andraisingnetexports.
Answer:
B
QuestionStatus:
PreviousEdition
17)Theaggregatedemandcurveisdownwardslopingbecause
(a)alowerpricelevel,holdingthenominalquantityofmoneyconstant,leadstoalargerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.
(b)alowerpricelevelleadstoalargerquantityofmoneyinrealterms,causingtheinterestratetofall,loweringthevalueofthedollar,andraisingnetexports.
(c)ahigherpricelevel,holdingthenominalquantityofmoneyconstant,leadstoasmallerquantityofmoneyinrealterms,causestheinterestratetofall,andstimulatesplannedinvestmentspending.
(d)ofboth(a)and(b)oftheabove.
(e)ofboth(b)and(c)oftheabove.
Answer:
D
QuestionStatus:
PreviousEdition
18)Keynesianscontendthata______pricelevel______therealquantityofmoney,_____higherspending.
(a)lower;expands;encouraging
(b)lower;expands;discouraging
(c)lower;contracts;discouraging
(d)higher;expands;encouraging
(e)higher;expands;discouraging
Answer:
A
QuestionStatus:
StudyGuide
19)TheKeynesiananalysisofaggregatedemandindicatesthatchangesinthemoneysupply
(a)havenoeffectonaggregatedemand.
(b)shifttheaggregatedemandcurveintheoppositedirectionofthechangeingovernmentspending.
(c)shifttheaggregatedemandcurveinthesamedirectionasthechangeingovernmentspending.
(d)movetheeconomyalongtheaggregatedemandcurveratherthanshiftingit.
Answer:
C
QuestionStatus:
Revised
20)AccordingtotheKeynesians,anincreaseingovernmentspending,otherthingsequal,shiftstheaggregate_____curvetothe_____.
(a)demand;right
(b)demand;left
(c)supply;left
(d)supply;right
Answer:
A
QuestionStatus:
PreviousEdition
21)AccordingtotheKeynesians,adecreaseingovernmentspending,otherthingsequal,shiftstheaggregate_____curvetothe_____.
(a)demand;right
(b)demand;left
(c)supply;left
(d)supply;right
Answer:
B
QuestionStatus:
PreviousEdition
22)AccordingtotheKeynesians,anincreaseintaxes,otherthingsequal,shiftstheaggregate_____curvetothe_____.
(a)demand;right
(b)demand;left
(c)supply;left
(d)supply,right
Answer:
B
QuestionStatus:
PreviousEdition
23)TheKeynesiananalysisofaggregatedemandindicatesthatachangeintaxes
(a)shiftstheaggregatedemandcurveinthesamedirectionasthechangeingovernmentspending.
(b)shiftstheaggregatedemandcurveinthedirectionoppositetothatofthechangeingovernmentspending.
(c)movestheeconomyalongtheaggregatedemandcurveratherthanshiftingit.
(d)hasnoeffectonaggregatedemand.
Answer:
B
QuestionStatus:
Revised
24)AccordingtotheKeynesians,anincreaseinnetexports,otherthingsequal,shiftsthe
aggregate_____curvetothe_____.
(a)demand;right
(b)demand;left
(c)supply;left
(d)supply;right
Answer:
A
QuestionStatus:
PreviousEdition
25)AccordingtotheKeynesians,adecreaseinnetexports,otherthingsequal,
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