国际经济学题库25604199.doc

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国际经济学题库25604199

International Economics, 8e (Krugman) Chapter 12 National Income Accounting and the Balance of Payments 12.1 The National Income Accounts 1) A countrys gross national product (GNP) is A) the value of all final goods and services produced by its factors of production and sold on the market in a given time period. B) the value of all intermediate goods and services produced by its factors of production and sold on the market in a given time period. C) the value of all final goods produced by its factors of production and sold on the market in a given time period. D) the value of all final goods and services produced by its factors of production and sold on the market. E) the value of all final goods and services produced by its factors of production, excluding land, and sold on the market in a given time period. Answer: A Question Status: New 2) For most macroeconomists, A) national income accounts and national output accounts are equal to each other. B) national income accounts exceed national output accounts. C) national output accounts exceed national income accounts. D) it is impossible to tell whether national income accounts equal to national output accounts. E) None of the above. Answer: A Question Status: New 3) For most macroeconomists, A) gross national income and gross national product are the same. B) gross national income exceeds gross national product. C) gross national product exceeds gross national product. D) it is hard to tell whether gross national income equal gross national product. E) None of the above. Answer: A Question Status: New 4) The highest component of GNP is, A) the current account. B) investment. C) government purchases. D) consumption. E) None of the above. Answer: D Question Status: New 5) An example of how GNP accounts for services provided by foreign-owned capital (and GDP does not) is A) earnings of Spanish facto

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