99學年度總經(下)期末考學號班級姓名.docVIP

99學年度總經(下)期末考學號班級姓名.doc

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99學年度總經(下)期末考學號班級姓名

99學年度總經(下)期末考 學號: 班級: 姓名: (6/13, 9:10-10:50am) (Abel Bernake Ch 8-12) 120分,答案請寫直接寫在答案卷上。 Multiple Choices ( 單選題。 points, with 4 points for each question) 1. Which of the following changes shifts the AD curve to the right? (Ch 8) A) A rise in the nominal money supply B) An increase in income taxes C) An increase in the risk on nonmonetary assets A decrease in the future marginal productivity of capital 2. A decrease in wealth would cause the IS curve to (Ch 9) A) shift up. B) shift down. C) remain unchanged. shift up only if people face borrowing constraints. 3. Classical economists would cite all of the following as reasons why the government cannot smooth out the business cycle except that (Ch 10) A) only productivity shocks can cause real fluctuations in the business cycle. B) the government has imperfect knowledge of the economy. C) political constraints on policy actions prevent the government from carrying out effective policies. D) time lags between the onset of a recession and the implementation of effective countermeasures make anti-recessionary macroeconomic policies impractical. 4. Classical economists oppose government intervention in the economy for all the reasons below except that (Ch 10) A) policies to smooth out the business cycle are undesirable in principle. B) increased government expenditures will lower the real wages of workers. C) government policy is incapable of smoothing out the business cycle. increases in government spending cannot increase the level of output and employment in the economy. 5. The Lucas critique is an objection to the assumption that (Ch 12) A) inflation is always and everywhere a monetary phenomenon. B) there is a negative relationship between inflation and unemployment. C) historical relationships between macroeconomic variables will continue to hold after new policies are in place. D) people form expectations rationally. 6. According to the misperceptions theory, when P

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