1、Name: _ Date: _1.The economic statistic used to measure the level of prices is:A)GDP.B)CPI.C)GNP.D)real GDP.2.The statistic used by economists to measure the value of economic output is:A)the CPI.B)GDP.C)the GDP deflator.D)the unemployment rate.3.GDP is all of the following except the total:A)expenditure of everyone in the economy.B)income of everyone in the economy.C)expenditure on the economys output of goods and services.D)output of the economy.4.The total income of everyone in the economy is
2、 exactly equal to the total:A)expenditure on the economys output of goods and services.B)consumption expenditures of everyone in the economy.C)expenditures of all businesses in the economy.D)government expenditures.5.An economys _ equals its _.A)consumption; incomeB)consumption; expenditure on goods and servicesC)expenditure on goods; expenditures on servicesD)total income; total expenditure on goods and services6.All of the following are measures of GDP except the total:A)expenditures of all bu
3、sinesses in the economy.B)income from all production in the economy.C)expenditures on all final goods and services produced.D)value of all final production.7.It is a national income accounting rule that all expenditure on purchases of products in the economy is necessarily equal to:A)profits of firms.B)wages of employees.C)income of the producers of the products in the economy.D)income of employees.8.Two equivalent ways to view GDP are as the:A)total payments made to all workers in the economy o
4、r the total profits of all firms and businesses in the economy.B)total expenditures on all goods produced in the economy or the total income earned from producing all services in the economy.C)total profits of all firms and businesses in the economy or the total consumption of goods and services by all households in the economy.D)total income of everyone in the economy or the total expenditure on the economys output of goods and services.9.In the circular flow model, the flow of dollars from fir
5、ms to households is paid _ and the flow of dollars from households to firms is paid _.A)as wages and profits; for goods and servicesB)for value added; as imputed valuesC)in current dollars; in constant dollarsD)as interest and dividends; for depreciation and taxes10.Which of the following is a flow variable?A)wealthB)the number unemployedC)government debtD)income11.Which of the following is a stock variable?A)wealthB)consumptionC)investmentD)income12.All of the following are a stock except:A)a c
6、onsumers wealth.B)the government budget deficit.C)the number of unemployed people.D)the amount of capital in the economy.13.All of the following are a flow except:A)the number of new automobile purchases.B)the number of people losing their jobs.C)business expenditures on plant and equipment.D)the government debt.14.The amount of capital in an economy is a _ and the amount of investment is a _.A)flow; stockB)stock; flowC)final good; intermediate goodD)intermediate good; final good15.The market va
7、lue of all final goods and services produced within an economy in a given period of time is called:A)industrial production.B)gross domestic product.C)the GDP deflator.D)general durable purchases.16.GDP is the market value of all _ goods and services produced within an economy in a given period of time.A)usedB)intermediateC)consumerD)final17.To compute the value of GDP:A)goods and services are valued at market prices.B)the sale of used goods is included.C)production for inventory is not included.
8、D)goods and services are valued by weight.18.Assume that total output consists of 4 apples and 6 oranges and that apples cost $1 each and oranges cost $0.50 each. In this case, the value of GDP is:A)10 pieces of fruit.B)$7.C)$8.D)$10.19.All of the following transactions that took place in 2009 would be included in GDP for 2009 except the purchase of a:A)book printed in 2009, entitled The Year 3000.B)2001 Jeep Cherokee.C)year 2010 calendar printed in 2009.D)ticket to see the movie 2001.20.Since GDP includes only the additions to income, not transfers of assets, _ are not included in the computation of GDP.A)final goodsB)used goodsC)consumption goodsD)goods produced for inventory21.When a firm sells a product out of inventory, GDP:A)increases.B)decreases.C)is not changed.D)increases or decreases, depending on the year the product was produced.22.When a firm sells a product out of inventory, inves
《英文版题库2宏观经济学的数据.doc》由会员壹****1分享，可在线阅读，更多相关《英文版题库2宏观经济学的数据.doc》请在金锄头文库上搜索。
