中级宏观济学春季次作业.pdfVIP

IntermediateMacroeconomics

Spring2009

4

Due4/15/2009

Multiplechoicequestions(2pointseach)

1.Accordingtoclassicaltheory,nationalincomedependson______,whileKeynes

proposedthat______determinedthelevelofnationalincome.

A)aggregatedemand;aggregatesupply

B)aggregatesupply;aggregatedemand

C)mary;fiscal

D)fiscal;mary

2.TheIS-LMmodeltakes______aogenous.

A)thepricelevelantionalincome

B)thepricelevel

C)nationalincome

D)theinterestrate

3.TheKeynesiancrossshows:

A)determinationofequilibriumincomeandtheinterestrateintheshortrun.

B)determinationofequilibriumincomeandtheinterestrateinthelongrun.

C)equalityofnnedexpenditureandincomeintheshortrun.

D)equalityofnnedexpenditureandincomeinthelongrun.

4.IntheKeynesian-crossmodel,iftaxesarereducedby100,thennned

expenditures______foranygivenlevelofincome.

A)increaseby100

B)increasebymorethan100

C)decreaseby100

D)increase,butbylessthan100

5.TheKeynesian-crossysisassumesnnedinvestment:

A)isfixedandsodoestheISysis.

B)dependsontheinterestrateandsodoestheISysis.

C)isfixed,whereastheISysisassumesitdependsontheinterestrate.

D)dependsontheinterestrateandsodoestheISysis.

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6.AnexnationfortheslopeoftheIScurveisthatastheinterestrateincreases,the

tyofinvestment______,andthisshiftstheexpenditurefunction______,

therebydecreasingin