MACRO CAPTER 11 TESTQUESTIONS宏观经济学答案.docxVIP

MACRO CHAPTER 11 TEST QUESTIONS Chapter 11 Spending, Output, and Fiscal Policy ? Multiple Choice Questions? 1.?The assumption that firms meet the demand for their products at preset prices is the key assumption upon which ______ is built.?A.?the basic Keynesian modelB.?Okuns LawC.?the supply and demand modelD.?quantity equation for money ? 2.?The basic Keynesian model is built on the key assumption that:?A.?menu costs are not significant.B.?firms meet the demand for their products at preset prices.C.?firms price their products so as to see a preset quantity of output.D.?prices are