宏观经济分析试卷 2.docVIP

2012-2013学年第二学期 中澳国际财务专业《宏观经济分析》（课程）试卷 试卷来源：汪小雯 主考:汪小雯 打印：汪小雯 田菊花 校对：汪小雯 请将回答写在答题本上，写在试卷上无效！ INSTRUCTIONS TO CANDIDATES 1. This is a closed book examination; therefore no written material, reference books or notes will be permitted into the examination room. 2. Write your answers in the answer booklets provided. Number each question clearly. 3. This examination is divided into three parts: Part A: Thirty multiple-choice questions - answer all questions (45 marks). Part B: Ten True or False questions- answer all questions (10 marks ). Part C: Two calculation questions - answer all questions (15 marks). Part D: Short Answers. Answer any three (3) from the six (6) short answer questions (30 marks). PART A Thirty (30) multiple choice questions. Students should attempt all thirty multiple choice questions. Each multiple choice question is worth one and a half mark (1.5). 1. Let the consumption function be represented by the following equation: C = c0 + c1YD. For this equation, we assume that c1 is negative. larger than c0. different at different levels of income. 0﹤c1﹤1 2. Which of the following equals demand in an open economy? C + I + G + X C + I + G + X - IM C + I + G + IM - X C + I + G Use the following information to answer questions 3 -6: C = 1000 +0 .85YD I = 600 G = 1500 T = 1000 3. The equilibrium level of GDP for the above economy equals: 2500. 4500. 10000. 15000. 4. The multiplier for the above economy equals: 2.0 3.0 4.0 6.7. 5. Suppose government spending increases by 100 for the above economy. Given the above information, we know that equilibrium output will increase by: 200. 670. 900. 1000. 6. The equation for private (or, equivalently, household) saving in this model is S =: -1000 + 0.25YD -1000 + 0.15YD -1000 - 0.25YD 3500 + 0.25Y 7. We would expect which of the following to occur when the central bank conducts an open market purchase of bonds? an increase in the money supply a reduction in the mo