曼昆《经济学原理》宏观第五版测试题库 35.docx

曼昆《经济学原理》宏观第五版测试题库 35.docx

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曼昆《经济学原理》宏观第五版测试题库35

Chapter35

TheShort-RunTrade-OffBetweenInflationandUnemployment

TRUE/FALSE

1.Inthelongrun,thenaturalrateofunemploymentdependsprimarilyonthegrowthrateofthemoneysupply.

ANS:

FDIF:

1REF:

35-0NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Naturalrateofunemployment

MSC:

Definitional

2.Inthelongrun,theinflationratedependsprimarilyonthegrowthrateofthemoneysupply..

ANS:

TDIF:

1REF:

35-0NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

InflationMSC:

Definitional

3.Short-runoutcomesintheeconomycanbeexpressedintermsofoutputandthepricelevel,orintermsofunemploymentandinflation.

ANS:

TDIF:

1REF:

35-1NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Phillipscurve|Aggregatedemandandsupply

MSC:

Applicative

4.Otherthingsthesame,anincreaseinaggregatedemandreducesunemploymentandraisesinflationintheshortrun.

ANS:

TDIF:

2REF:

35-1NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Short-runPhillipscurveslope

MSC:

Applicative

5.Agivenshort-runPhillipscurveshowsthatanincreaseintheinflationratewillbeaccompaniedbyalowerunemploymentrateintheshortrun.

ANS:

TDIF:

2REF:

35-1NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Short-runPhillipscurveslope

MSC:

Interpretive

6.Theshort-runPhillipscurveindicatesthatexpansionarymonetarypolicywilltemporarilyraisetheunemploymentrateaboveitsnaturalrate.

ANS:

FDIF:

2REF:

35-1NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Short-runPhillipscurveslope

MSC:

Definitional

7.Thelogicbehindthetradeoffbetweeninflationandunemploymentisthathighaggregatedemandputsupwardpressureonwagesandpriceswhileraisingoutput.

ANS:

TDIF:

2REF:

35-1NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Short-runPhillipscurveslope

MSC:

Analytical

8.Unexpectedlyhighinflationreducesunemploymentintheshortrun,butasinflationexpectationsadjusttheunemploymentratereturnstoitsnaturalrate.

ANS:

TDIF:

1REF:

35-2NAT:

Analytic

LOC:

Unemploymentandinflation

TOP:

Short-runPhillipscurveslope|Short-runPhillipscurveshifts

MSC:

Analytical

9.Fiscalpolicycannotbeusedtomovetheeconomyalongtheshort-runPhillipscurve.

ANS:

FDIF:

1REF:

35-1NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Short-runPhillipscurveslope|Fiscalpolicy

MSC:

Applicative

10.IftheFedweretoincreasethemoneysupply,inflationwouldincreaseandunemploymentwoulddecreaseintheshortrun.

ANS:

TDIF:

1REF:

35-1NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Short-runPhillipscurve

MSC:

Analytical

11.FriedmanandPhelpsbelievedthatthenaturalrateofunemploymentwasconstant.

ANS:

FDIF:

2REF:

35-2NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Long-runPhillipscurve

MSC:

Definitional

12.Thelong-runPhillipscurveisconsistentwithmonetaryneutralityimpliedbytheclassicaldichotomy.

ANS:

TDIF:

1REF:

35-2NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Long-runPhillipscurve|Classicaldichotomy

MSC:

Interpretive

13.Theshort-runPhillipscurveisbasedontheclassicaldichotomy.

ANS:

FDIF:

1REF:

35-1NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Classicaldichotomy

MSC:

Interpretive

14.Theclassicalnotionofmonetaryneutralityisconsistentbothwithaverticallong-runaggregate-supplycurveandwithaverticallong-runPhillipscurve.

ANS:

TDIF:

2REF:

35-2NAT:

Analytic

LOC:

Unemploymentandinflation

TOP:

Long-runaggregatesupply|Long-runPhillipscurve|Classicaldichotomy

MSC:

Interpretive

15.Althoughmonetarypolicycannotreducethenaturalrateofunemployment,othertypesofgovernmentpoliciescan.

ANS:

TDIF:

1REF:

35-2

TOP:

NaturalrateofunemploymentMSC:

Definitional

16.Apolicychangethatreducesthenaturalrateofunemploymentshiftsboththelong-runaggregate-supplycurveandthelong-runPhillipscurveleft.

ANS:

FDIF:

1REF:

35-2

TOP:

Long-runPhillipscurve|Long-runaggregatesupplyMSC:

Applicative

17.Anincreaseinthenaturalrateofunemploymentshiftsthelong-runPhillipscurvetotheright.

ANS:

TDIF:

1REF:

35-2NAT:

Analytic

LOC:

Unemploymentandinflation

TOP:

Long-runPhillipscurve|NaturalrateofunemploymentMSC:

Analytical

18.InthelongrunpeoplecometoexpectwhateverinflationratetheFedchoosestoproduce,sounemploymentreturnstoitsnaturalrate.

ANS:

TDIF:

2REF:

35-2NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Long-runPhillipscurve

MSC:

Analytical

19.TheanalysisofFriedmanandPhelpsarguesthatanexpectedchangeininflationhasnoimpactontheunemploymentrate.

ANS:

TDIF:

2REF:

35-2NAT:

Analytic

LOC:

UnemploymentandinflationTOP:

Short-runPhillipscurveshifts

MSC:

Analytical

20.IntheFriedman-Phelpsanalysis,wheninflationislessthanexpected,theunemploymentrateislesst