布兰查德课后习题的答案.docxVIP

第1-13章课后习题答案（布兰查德）第一章世界之旅p14第1题a.True.b.True/Uncertain. Stock prices certainly fell around the world in the crisis. Emerging market stock prices mostly recovered as of 2010, stock prices in the United States and other advanced companies had not reached their pre-crisis levels as of 2012. c. False. d.False. There are problems with the statistics, but the consensus is that growth in China has beenhigh.e.False. European unemployment rates have been higher for several decades.f.True.g.True.h.False第3题a.14.7(1.026)t=5.8(1.105)tt = ln(14.7/5.8)/[ln(1.105/1.026)]t ≈ 12.53 yrsThis answer can be confirmed with a spreadsheet, for students unfamiliar with the use of logarithms.b.No. At current growth rates, Chinese output will exceed U.S. output within 31 years, but Chinese output per person (the Chinese standard of living) will still be less than U.S. output per person.c. China has increased the amount of capital per person. This is possible in the United States. China has imported a lot of technology from the United States and other countries. This is more difficult to do in the United States since the number of technologies available for the United States to import that they do not already have is fewer. d.China does provide a model for other developing countries. 第二章本书之旅p38第1题a. True/Uncertain. Real GDP increased by a factor of 5; nominal GDP increased by a factor of 28. We usually think of GDP in real termsb. False.c. True.d. False. The level of the CPI means nothing. The rate of change of the CPI is one measure of inflation. e. Uncertain. Which index is better depends on what we are trying to measure—inflation faced by consumers or by the economy as a whole. f.Trueg.Trueh.Falsei.False. The Phillips curve is a relation between the change in inflation and the level of unemployment. 第4题 a.2005 GDP: 10($2,000)+4($1,000)+1000($1)=$25,0002006 GDP: 12($3,000)+6($500)+1000($1)=$40,000Nominal GDP has increased by 60%.b.2005 real (2005) GDP: $25,0002006 real (2005) G