2011-2012学年第二学期
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中澳国际财务专业《宏观经济分析》（课程）试卷
试卷来源：汪小雯 主考:汪小雯 打印：汪小雯 田菊花 校对：汪小雯
请将回答写在答题本上，写在试卷上无效！
INSTRUCTIONS TO CANDIDATES
1. This is a clod book examination; therefore no written material, reference books or notes will be permitted into the examination room.
2. Write your answers in the answer booklets provided. Number each question clearly.
3. This examination is divided into three parts:
Part A: Thirty multiple-choice questions - answer all questions (毕恭毕敬的意思45 养胃菜谱marks).
Part B: six short-answer questions- answer three (3) only (3 x 10逮个鱼儿 = 30 marks).
Part D: Two essay questions - answer one (1) only (1 x 15 = 15 marks).
PART A
Thirty (30) multiple choice questions. Students should attempt all thirty multiple choice questions. Each multiple choice question is worth one and a half mark (1.5).
1. Let the consumption function be reprented by the following equation: C = c0 + c1YD. For this equation, we assume that c1 is
A.negative.
B.larger than c0.酸性的食物有哪些
C.different at different levels of income.
D.0﹤c1体验式培训﹤1
2. Which of the following equals demand in an open economy?
A.C + I + G + X
B.C + I + G + X - IM
C.C + I + G + IM - X
D.C + I + G
U the following information to answer questions 3 -6:
C = 1000 +0 .85YD
I = 600
G = 1500
T = 1000
3. The equilibrium level of GDP for the above economy equals:
A.2500.
B.4500.
C.10000.
D.15000.
4. The multiplier for the above economy equals:
A.2.0
B.3.0
C.4.0
D.6.7.
5. Suppo government spending increas by 100 for the above economy. Given the above information, we know that equilibrium output will increa by:
A.200.
B.670.
C.900.
D.1000.
6. The equation for private (or, equivalently, houhold) saving in this model is S =:
A.-1000 + 0.25YD
B.-1000 + 0.15YD
C.-1000 - 0.25YD
D.3500 + 0.25Y
7. Which of the following is a component of high powered money?
A.bonds held by banks, loans, and bank rerves.
B.bonds held by banks plus checkable deposits.
C.currency in circulation plus bank rerves
D.the sum of currency in circulation, bank rerves, and checkable deposits.
8. We would expect which of the following to occur when the central bank conducts an open market purcha of bonds?
A.an increa in the money supply
什么是人道主义
B.a reduction in the monetary ba
C.an increa in the money multiplier
D.a reduction in the money multiplier
9. Which of the following is considered out of the labor force?
A.The unemployed.
B.Tho temporarily laid off who will soon be recalled.
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C.Tho who worked full time, but in a family business.
D.Tho individuals who have stopped arching for employment for the first time.希克森
10. In the wage tting relation W = PeF(u,z), the variable z does NOT include which of the following variables?
A.the minimum wage.
B.unemployment benefits.
C.the extent to which firms mark up prices over their marginal cost.
D.all of the above.
11. The IS curve reprents:
A.the single level of output where the goods market is in equilibrium.
B.the single level of output where financial markets are in equilibrium.
C.the combinations of output and the interest rate where the money market is in equilibrium.
D.the combinations of output and the interest rate where the goods market is in equilibrium.
12. Suppo policy makers decide to reduce taxes. This fiscal policy action will cau which of the following to occur?
A.the LM curve shifts and the economy moves along the IS curve.
B.the IS curve shifts and the economy moves along the LM curve.
C.both the IS and LM curves shift.
D.neither the IS nor the LM curve shifts.
13. Suppo investment spending is NOT very nsitive to the interest rate. Given this information, we know that:
A.the IS curve should be relatively flat.
B.the IS curve should be relatively steep.
C.the LM curve should be relatively flat.
D.the LM curve should be relatively steep.
14. The neutrality of money is consistent with which of the following statements?
A.changes in the money supply will not affect employment in the short run.
B.changes in the money supply will not affect employment in the medium.
C.changes in the money supply will not affect the price level in the short run
D.changes in the money supply will not affect the price level in the medium run
15. Assume the economy is initially operating at the natural level of output. Now suppo a budget is pasd that calls for an increa in government spending. This increa in government spending will, in the medium run, have NO effect on which of the following?
