(a)shift to the left.(b)shift to the right.
(c)not change.(d)not be certain.
7.Thefollowings are the contents of macroeconomics excluding( ).
(a)Measuring the size of the economy.(b)IS-LM model.
(a)upward.(b)vertical.(c)downward.(d)horizontal.
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PartⅢ Identify the true orfalse questions
（10 questions，1 point for each, 10 points in all）
1.A tax cut has direct impact on spending. ()
(a)depreciation; (b)consumption;(c)net investment; (d)export
2.The overall supply of money is equal to central bank money times the()
(a)investmentmultiplier.(b)taxmultiplier.
9. According to theKeynesian Cross,nationalincome is determined by( )
(a) pricelevel.(b)supply.(c)demand.(d) aboveall.
10.When the LM curve is ( ), monetary policy fails in affect interest rate and then output.
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PartⅣAnalysis
（3 questions，7pointsfor each,21pointsin all）
1.Please analyze the factors that influence the slope of LM curve
2. Please tell us some uses of National Income Statistics.
6.Capital is greatly determined by investment.()
7.A higher nominal GDP of a nation means that the standard of living is better.()
8.Private saving is saving by government.()
1.GDP:
2.IScurve:
3.Open market operation:
4. Liquidity trap
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PartⅡSingle Choice
（10 questions，2 pointsfor each,20 pointsin all）
1. One part of the investment expenditure of the firms is to buy new capital goods and machinery for production. It is called()
2013─2014学年第2学期
《宏观经济学Macroeconomics》课程考试卷
专业：会计年级：一考试方式：开卷学分：2考试时间：110分钟来自题号一二三
四
五
六
七
总分
阅卷人
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PartⅠInterpretation of Terms
(4terms, 5 pointsfor each ,20pointsin all )
(c)government spendingmultiplier.(d)money multiplier.
3.In The General Theory, Keynes conjectured that average propensity to consume(APC) falls as()rises.
1) Please calculate the LM curve and IS curve.
2) Please tell us the equilibrium income and interest rate.
(a)investment; (b)consumption;(c)income; (d)output
4.The consumption function captures the behavior of()
(a)consumers; (b)firms;(c)government; (d)foreign sector
1.Let us assume that a country producedsuch products as the following, please calculate the real and nominal GDP in the year of 2010and 2011. The base year is 2010. And tell us the GDP deflator of the year 2010,and 2011.
(c)Cost theory.(d)the theory of national income determination.
8.The value of real GDP is based on the prices of the( )year.
(a)base(b)current(c)base or current (d)last
3. Assume that the consumption function is C=100+0.8(Y-T),and the investment function is I=300-20r, and the government purchase G=400, T=400, the money demand function is L=Md/P=0.5Y-50r, the real money supply (ms)is 1000.
5. If we know the marginal propensity to saving is 0.3, then it means the marginal propensity to consume is ( )
(a)0.6; (b)0.7;(c)0.8;(d)0.9
6.If the government raises spending, the LM curve will()
9.National income is a measure of the total flow of earnings of the factor-owners through the production of goods & services.()
10.Investment is the expenditure that all the firms build plants, buy equipments and hold the stocks.()
2.When exports is larger than imports, we say the foreign trade is balance.（）
3.In Keynesian Cross, the government spending and investment are fixed. ()
2010
2011
price
Quantity(million)
price
Quantity(million)
T-shirt
80
500
90
600
Watch
170
60
190
90
Soft -drink
6
3000
5
5000
2.Assume that in a two-sector economy the consumption function is C=3000+0.8Y,and investment I=1000, please tell us theequilibriumincome and theinvestmentmultiplier.
4.A simultaneous increase in government spending by $1 and lump-sum taxes by $1 will increase a equilibrium income by $1. ()
5.If T(tax)>G(government spending), the government is running a budget deficit.()
3.If investment is entirely unresponsive to the interest rate(I=e--dr, d=0), what is the effect of fiscal policy?Graphically.
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PartⅤCalculation
（3questions，9points forquestion 1,10 points for question 2 and 3,29pointsin all）