宏观经济第五周GDPunemployment.pptVIP

GDP Econ 9 1.A price ceiling is characterized by A.A price set below the current(or equilibrium)market price of the good B.A price set above the current market price if the good C.A shift of the demand curve D.A shift of the supply curve 2.For which of the following statements are both the price change and quantity change determinable(for a particular good) A.Both the supply of and the demand for the good decrease B.Both the supply of and the demand for the good increase C.The supply increases and the demand for the good decrease D.The supply decrases and the demand increases E.None of the above 3.If the government subsidizes the production of halogen headlights A.The demand curve will shift to the left B.The demand cirve will shift to the right C.The supply curve will shift to the left D.The supply curve will shift to the right E.The amounts demanded will increase along the demand curve 4.If consumers are advised that multigrained bread will substantially lessen the risk of cancer,which of the following will happen in the market for multigrained bread? A.The demand curve will shift to the left,decreasing the price of multigrained bread B.The supply curve willl shift to the left,increasing the price of multigrained bread C.The demand curve will shift to the right,increasing the price of multigrained bread D.The supply curve will shift to the right,decreasing the price og multigrained bread E.None of the above ⅠDefinition Gross domestic product GDP is the sum of the money values of all final goods and services produced in the domestic economy and sold on organized markets during a specified period of time,usually a year. Which of following is caculated in American`s GDP of 2012 A houshold bought a house made in 2011 Dell buys computer chips from Interl An American freshman bought a Honda,which was assembled in a local factory A farmer living in CA built a house by himself Gambling services in Atlantic city (Value)price*quantity---nominal GDP Price increases,but outp