2011级国贸专业《宏观经济学》作业.docVIP

School of International Business Administration，ZISU The Assignment for Macroeconomics (Note: This assignment should be finished and handed in on December 29, 2012) I. Multiple choices (5 problems x 2 points = 10 points) There are four choices listed behind each of following statements, but only one of them meets the subject requirement, please choose the right choice and fill its code in the table given in the Answer Sheet. The wrong choice, multiple choices or no choice will obtain zero point for each problem. 1. Real GDP increases ___ A. when there is an increase in the price level. B. when there is an increase in the output of goods and services. C. when there is an increase in the population. D. at a constant rate over time. 2. Frictional unemployment exists ___ when there is a decrease in real GDP. if one is first entering the labor force and will take some time to find a job. as a result of technological change. when an individual retires. 3. The marginal productivity of labor is ___ the incremental output due to an increase in capital, ceteris paribus. the incremental output due to an increase in labor, ceteris paribus. the incremental output due to a change in technology, ceteris paribus. the incremental output due to a change in technology and a change in capital. 4. Which of the following will not result in a rise in output per worker? ___ An increase in the capital stock, ceteris paribus. The capital stock increases at a faster rate than the labor employed, ceteris paribus. The capital stock and the labor employed increase at the same rate, ceteris paribus. There is a technological advance, ceteris paribus. 5. The Federal Reserve controls ___ The monetary base through open market operations. The monetary base through reserve requirements on deposit accounts. The money multiplier through open market operations. The money multiplier through reserve requirements on deposit accounts. II. Terms and concepts (5 problems x 2 points = 10 points). There are so