罗伯特·巴罗《宏观经济学：现代观点》CH15.doc

Exercise for Macroeconomics Chapter 15 TRUE/FALSE 1. If households misperceive prices, they may change real decisions in response to changes in the money supply in the long run. ANS: F PTS: 1 DIF: 2 NAT: Analytic 2. If the actual price level is above the expected price level, then workers’ actual real wage will be below their expected real wage. ANS: T PTS: 1 DIF: 2 NAT: Analytic 3. The real effect of a given monetary shock is larger the more stable the underlying monetary environment. ANS: T PTS: 1 DIF: 2 NAT: Analytic 4. Money can only effect real variables in the short run, if people expect the increase in the money supply. ANS: F PTS: 1 DIF: 2 NAT: Analytic 5. If monetary authorities follow a monetary rule, then monetary policy is more effective in affecting real variables like real GDP. ANS: F PTS: 1 DIF: 3 NAT: Analytic MULTIPLE CHOICE 1. We would expect households to have the most complete information about: a. their own wage rate. c. products purchased occasionally like a automobile. b. the wage rate available on other jobs. d. all of the above. ANS: A PTS: 1 DIF: 2 NAT: Analytic 2. We would expect households to have the most complete information about: a. the wage rate available on other jobs. c. products purchased occasionally like a automobile. b. products they purchase frequently. d. all of the above. ANS: B PTS: 1 DIF: 2 NAT: Analytic 3. We would expect households to have incomplete information about: a. their own wage rate. c. products purchased occasionally like a automobile. b. products they purchase frequently. d. all of the above. ANS: C PTS: 1 DIF: 2 NAT: Analytic 4. We would expect households to have incomplete information about: a. their own wage rate. c. wage rates available on other jobs. b. products they purchase frequently. d. all of the above. ANS: C PTS: 1 DIF: 2 NAT: Analytic 5. The workers’ perceived real wage rate is: a. their nominal wage rate divided by the actual price level. c. their nominal wage rate divided