[曼昆经济学原理宏观第五版测试题库33.docVIP

Chapter 33 Aggregate Demand and Aggregate Supply TRUE/FALSE 1. According to classical macroeconomic theory, changes in the money supply change nominal but not real variables. ANS: T DIF: 1 REF: 33-2 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Classical economics MSC: Definitional 2. Because economists understand what things change GDP, they can predict recessions with a fair amount of accuracy. ANS: F DIF: 1 REF: 33-1 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Economic fluctuations MSC: Analytical 3. Most macroeconomic variables that measure some type of income, spending, or production fluctuate closely together. ANS: T DIF: 1 REF: 33-1 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Economic fluctuations MSC: Interpretive 4. Like real GDP, investment fluctuates, but it fluctuates much less than real GDP.. ANS: F DIF: 1 REF: 33-1 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Economic fluctuations | Investment MSC: Definitional 5. When output rises, unemployment falls. ANS: T DIF: 1 REF: 33-1 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Economic fluctuations | Unemployment MSC: Definitional 6. An increase in the money supply causes output to rise in the long run. ANS: F DIF: 1 REF: 33-2 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Monetary neutrality MSC: Definitional 7. Most economists believe that classical theory describes the world in the short run but not in the long run. ANS: F DIF: 1 REF: 33-2 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Classical dichotomy MSC: Interpretive 8. A change in the money supply changes only nominal variables in the long run. ANS: T DIF: 1 REF: 33-2 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Monetary neutrality MSC: Definitional 9. The explanations for the slopes of the aggregate demand and short-run aggregate supply curves are the same as the explanations for the slopes of demand an