经济学原理对应练习25.doc

Chapter 25 Production and Growth Multiple Choice 1. A nations standard of living is measured by its a. real GDP. b. real GDP per person. c. nominal GDP. d. nominal GDP per person. ANS: B PTS: 1 DIF: 1 REF: 25-1 TOP: Standard of living MSC: Analytical 2. Real GDP per person a. minus real GDP per person from the previous period equals the growth rate of real GDP per person. b. provides more meaningful comparisons across time and countries than real GDP. c. provides a less useful measure of the standard of living than nominal GDP per person. d. All of the above are correct. ANS: B PTS: 1 DIF: 2 REF: 25-1 TOP: Real GDP per person MSC: Definitional 3. If one wants to know how the material well-being of the average person has changed over time in a given country, one should look at the a. level of real GDP. b. growth rate of nominal GDP. c. growth rate of real GDP. d. growth rate of real GDP per person. ANS: D PTS: 1 DIF: 1 REF: 25-1 TOP: Standard of living MSC: Interpretive 4. Over the past century in the United States, real GDP per person has grown by about a. 1 percent per year. b. 2 percent per year. c. 3 percent per year. d. 4 percent per year. ANS: B PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth MSC: Definitional 5. During the past century the average growth rate of U.S. real GDP per person implies that it doubled about every a. 100 years on average. b. 70 years. c. 35 years. d. 25 years. ANS: C PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth MSC: Definitional 6. In the United States, as measured by real GDP per person, average income is about how many times as high as average income a century ago? a. 2 b. 4 c. 6 d. 8 ANS: D PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth MSC: Definitional 7. Over the past 100 years, U.S. real GDP per person has doubled about every 35 years. If in the next 100 years it doubles every 25 years, then a century from now U.S. real GDP per person will be a. 4 times higher than it is now. b. 8 times higher than it is now. c. 12 times highe