宏观经济学习题和答案-chapter 11.doc

Macroeconomics, 6e (Blanchard/Johnson) Chapter 11: Saving, Capital Accumulation, and Output 11.1 Multiple Choice Questions 1) An increase in the saving rate will affect which of the following variables in the long run? A) output per worker B) capital per worker C) the level of investment D) all of the above Answer: D Diff: 2 2) A reduction in the saving rate will NOT affect which of the following variables in the long run? A) output per worker B) the growth rate of output per worker C) the amount of capital in the economy D) capital per worker E) none of the above Answer: B Diff: 2 3) Which of the following will cause an increase in output per worker in the long run? A) an increase in the saving rate B) a reduction in the depreciation rate C) an increase in the stock of human capital D) all of the above Answer: D Diff: 2 4) Which of the following statements is always true? A) investment equals depreciation. B) investment equals the capital stock minus depreciation. C) the capital stock is equal to investment minus depreciation. D) any change in the capital stock is equal to investment minus depreciation. E) the increase in investment is equal to the capital stock minus depreciation. Answer: D Diff: 1 5) Which of the following is NOT a flow variable? A) investment B) saving C) the money supply D) output E) all of the above Answer: D Diff: 1 6) The capital-labor ratio will tend to decrease over time when A) investment per worker equals saving per worker. B) investment per worker is less than saving per worker. C) investment per worker exceeds depreciation per worker. D) saving per worker equals depreciation per worker. E) output per worker exceeds capital per worker. Answer: B Diff: 2 7) In the absence of technological progress, which of the following remains constant in the steady state equilibrium? A) investment per worker B) output per worker C) saving per worker D) all of the above E) only A and B Answer: D Diff: 2 8) Suppose, due to the effects of a m