罗森财政学第七版(英文版)配套习题及答案Chap002.docVIP

罗森财政学第七版(英文版)配套习题及答案Chap002.doc

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罗森财政学第七版(英文版)配套习题及答案Chap002

CHAPTER 2 - Tools of Positive Analysis Multiple-Choice Questions 1. Positive economics a does not depend on market interactions. b only looks at the best parts of the economy. c examines how the economy actually works as opposed to how it should work . d is very subjective. 2. The Law of Demand states a that there is an inverse relationship between price and quantity demanded. b that the judicial branch of government sets demand schedules. c that laws can have no effect on market economies. d none of the above. 3. The function Y f X,Z means a X multiplied by Y equals f. b X + Y Z. c Y is a function of both X and Z. d none of the above. 4. If there is a function and one component is Y3, then there is a ____ in the function. a square root b cubic c cosine d circle e all of the above 5. Refer to Question 4 above. The equation containing Y3 would be a linear. b quadratic. c a Nash equilibrium. d inefficient. e nonlinear. 6. Marginal and average taxes are a calculated using the same methodology. b not used in modern tax analysis. c not calculated using the same methodology. d all of the above. 7. The slope of a regression line is calculated by dividing a the intercept by the change in horizontal distance. b the change in horizontal distance by the change in vertical distance. c the change in horizontal distance by the intercept term. d the change in vertical distance by the change in horizontal distance. e none of the above. 8. Unobserved influences on a regression are captured in the a error term. b parameters. c regression line. d significance term. e regression coefficient. 9. The following can be analyzed using econometrics: a labor supply. b market demand. c taxsetting behavior. d poverty. e all of the above. 10. Normative economics a does not depend on market interactions. b only looks at the best parts of the economy. c examines how the economy actually works as opposed to how it should work . d embodies value

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