经济学原理问答题英文版.doc

23章 6. Consider the following data on US GDP: Nominal GDP GDP Deflator Year (in billions) (base year 1996) 2000 9873 118 1999 9269 113 a. What was the growth rate of nominal GDP between 1999 and 2000 ?(Note:The growth rate is the percentage change from one period to the next .) b. What was the growth rate of the GDP deflator between 1999 and 2000? c. What was real GDP in 1999 measured in 1996 prices? d. What was real GDP in 2000 measured in 1996 prices? e. What was the growth rate of real GDP between 1999and 2000? f. Was the growth rate of nominal GDP higher or lower than the growth rate of real GDP ?Explain. 8. One day Barry the Barber ,Inc.,collect $400 for haircuts .Over this day ,his equipment depreciates in value by $50 .Of the remaining $350 ,Barry sends $30 to the government in sales taxes ,takes home $220in wages ,and retains $100 in his business to add new equipment in the future . from the $220 that Barry takes home , he pays $70 in income taxes .Based on this information ,compute Barry’s contribution to the following measure of income . a. gross domestic product b. net national product c. personal income d. disposable personal income 24章 6. The New York Times cost $0.15 in 1970 and $0.75 in 2000.The average wage in manufacturing was $3.36 per hour in 1970 and $14.26 in 1999. a. By what percentage did the price of a newspaper rise? b. By what percentage did the wage rise ? c. In each year , how many minutes does a worker have to work to earn enough to buy a newspaper? d. Did workers’ purchasing power in terms of newspapers rise or fall? 10. Suppose that a borrower and a lender agree on the nominal interest rate to be paid on the loan .Then inflation turns out to be higher than they both expected . a. Is the real interest rate on this loan higher or lower than expected ? b. Does the lender gain or lose from this unexpectedly high inflation ? Does