武汉大学2009-2010学年第二学期宏观经济学期末考试-经管之家官网！

经济学管理学金融学统计学

您当前的位置> 经济>>

武汉大学2009-2010学年第二学期宏观经济学期末考试

人大经济论坛-经管之家：分享大学、考研、论文、会计、留学、数据、经济学、金融学、管理学、统计学、博弈论、统计年鉴、行业分析包括等相关资源。
经管之家是国内活跃的在线教育咨询平台!

提供"微信号、微博、抖音、快手、头条、小红书、百家号、企鹅号、UC号、一点资讯"等虚拟账号交易，真正实现买卖双方的共赢。【请点击这里访问】

TOP热门关键词

专题页面精选

武汉大学2009-2010学年第二学期宏观经济学期末考试具体内容往下翻先上相关资源相关资料链接一览~点击直达~武大过来人教你玩转武大经管期末考试（大三版）https://bbs.pinggu.org/thread-2167442-1-1.html武大过来人教 ...

扫码加入经济学习群

武汉大学2009-2010学年第二学期宏观经济学期末考试
具体内容往下翻先上相关资源
相关资料链接一览~点击直达~
武大过来人教你玩转武大经管期末考试（大三版）https://bbs.pinggu.org/thread-2167442-1-1.html
武大过来人教你玩转武大经管期末考试（大三版）（补充附件）https://bbs.pinggu.org/thread-2167985-1-1.html
武大过来人教你玩转武大经管期末考试（大二版）https://bbs.pinggu.org/thread-2167435-1-1.html
武大过来人教你玩转武大经管期末考试（大一版）https://bbs.pinggu.org/thread-2167407-1-1.html
武汉大学政治经济学（复习资料大杂烩）https://bbs.pinggu.org/thread-2169100-1-1.html
（适用各专业）武汉大学英语慢班期末复习资料https://bbs.pinggu.org/thread-2169090-1-1.html
《管理学》期末复习材料（资料大杂烩）https://bbs.pinggu.org/thread-2169079-1-1.html
武汉大学2010-2011学年第二学期《宏观经济学》期末考试https://bbs.pinggu.org/thread-2167991-1-1.html
武汉大学2009-2010学年第二学期宏观经济学期末考试https://bbs.pinggu.org/thread-2167988-1-1.html
微表情分析法&笔记心理学(文件汇总，资料合集)https://bbs.pinggu.org/thread-2169592-1-1.html
宏观经济学（A卷）
Principles of Macroeconomics (Paper A)
Instructions: You have two hours to complete the test. Full marks are 100 points. Write your answers on the answer sheet. You can answer your questions either in English or Chinese. Read the questions carefully before answering them. Be precise and to the point. Good luck!
1. （10 points）True or False? Explain your answer completely but briefly.
（1） The government expenditures on the Social Security benefit to the elderly and the salary of government employees should be included in the “government purchase” component of the GDP.
（2） The long-run economic growth depends on the quantity of labor force, the stock of physical and human capital, the level of technology, natural resources, fiscal policy and monetary policy.
（3） An economy contains 2000 $1 bills. If people hold equal amounts of currency and demand deposits and banks maintain a reserve ratio of 10 percent, the quantity of money is $11000.
（4） People worry always about the inflation in the long run because it lowers the purchase power of money, so that a fall in purchase power is the important cost of inflation.
（5） The purchasing-power parity theory is one of the most important long-run theories of exchange rate. it is based on the law of one price. The law tells us that a good must sell for the same price in all locations eventually.
2. （10 points）In an open economy, suppose GDP is $10 trillion, taxes are $2.5 trillion, private saving is $1.5 trillion, and public saving is $0.5 trillion, net capital outflow is $1.1 trillion. Calculate consumption, government purchase, national saving, investment and net export. (Hint: there is no transfer payment; the balance of payment is always zero)
3. (15 points) Suppose that the residents of a country spend all of their income on A, B, and C. In 2009, they buy 100 pieces of A for $300, 50 pieces of B for $100, and 20 pieces of C for $80. In 2010, they buy 150 pieces of A for $600, 40 pieces of B for $200, and 12 pieces of C for $120.
(1) If the base year is 2009, what is the CPI in both years?
(2) What is the inflation rate in 2010?
(3) If the Fed wants to reduce inflation rate, which tools it can choose to use theoretically? How to use the tools specifically?
(4) Use a graph of the money market to illustrate the effect of monetary policy of (3). Show the resulting change in the interest rate.
4. (10 points) The Bureau of Labor Statistics announced that in May 2009, of all adult Americans, 140,570,000 were employed, 14,511,000 were unemployed, and 80,371,000 were not in the labor force.
(1) What was the labor force, the labor-force participation rate and the unemployment rate?
(2) Between April and May in 2009, total U.S. employment declined by 437,000 workers, but the numbers of unemployed workers increased by 787,000. How are the two numbers consistent with each other? Why?
(3) Whether the unemployment rate may be zero in long run? Why?
5. (10 points) Suppose that this year’s money supply is $500 billion, nominal GDP is $12 trillion, and real GDP is $6 trillion.
(1) What is the price level? What is the velocity of money?
(2) Suppose that velocity is constant and the economy’s total output of goods and services rises by 5 percent each year. What will happen to nominal GDP and the price level next year if the Fed keeps the money supply constant?
(3) What money supply should the Fed set next year of it wants inflation of 3 percent?
(4) What is the fundamental cause of inflation? Does continuing increase in fiscal spending create inflation holding money stock fixed?
6. (15 points) Suppose that U.S. mutual funds decide to invest more in China because of the sub-prime mortgage crisis.
(1) Use three-panel diagram discussed in textbook for an open economy to analyze the impact of the change on China’s economy. What happens to net capital outflow, national saving, and domestic investment in China?
(2) What are the long-run effects on China’s capital stock and economic growth?
(3) What happens to the real exchange rate of RMB to USD?
(4) What are the influences on China’s export, import, net export, and foreign direct investment?
7. (15 points) Suppose the government reduces taxes by $30 billion, that there is no crowding out, and the MPC (marginal propensity to consumer) is 2/5. Answer the following questions.
(1) What is the initial effect of the tax reduction?
(2) What additional effects follow this initial effect? What is the total effect of the tax cut?
(3) How does the total effect of this $30 billion tax cut compare to the total effect of a $30 billion increasing in government purchases? Why?
最后一题回复可见哦
[hide]
8. (15 points)Suppose the extreme weather increases the cost of producing
food products.
(1) Show the impact of such a change in both the AD-AS diagram and in the
Phillips-curve diagram. What happens to inflation and unemployment in the
short-run?
(2) Do the effects of this event mean there is no short-run tradeoff between
inflation and unemployment? Why or why not?
(3) Suppose the Fed pursues expansionary monetary policy to response to the
weather change. Use the Phillips curve to show the short-run and long-run
effects of this policy.
[/hide]

「经管之家」APP：经管人学习、答疑、交友，就上经管之家！
免流量费下载资料----在经管之家app可以下载论坛上的所有资源，并且不额外收取下载高峰期的论坛币。
涵盖所有经管领域的优秀内容----覆盖经济、管理、金融投资、计量统计、数据分析、国贸、财会等专业的学习宝库，各类资料应有尽有。
来自五湖四海的经管达人----已经有上千万的经管人来到这里，你可以找到任何学科方向、有共同话题的朋友。
经管之家（原人大经济论坛），跨越高校的围墙，带你走进经管知识的新世界。
扫描下方二维码下载并注册APP

本文关键词：

本文论坛网址：https://bbs.pinggu.org/thread-2167988-1-1.html

上一篇 | eviews中如何做信息冲击曲线？

下一篇 | 武汉大学2010-2011学年第二学期《宏观经济 ...

宏观经济学精彩帖子推荐更多

您可能感兴趣的文章

本站推荐的文章

人气文章

本文标题：武汉大学2009-2010学年第二学期宏观经济学期末考试

本文链接网址：https://bbs.pinggu.org/jg/jingji_hongguanjingjixue_2167988_1.html

1.凡人大经济论坛-经管之家转载的文章,均出自其它媒体或其他官网介绍,目的在于传递更多的信息,并不代表本站赞同其观点和其真实性负责；
2.转载的文章仅代表原创作者观点,与本站无关。其原创性以及文中陈述文字和内容未经本站证实,本站对该文以及其中全部或者部分内容、文字的真实性、完整性、及时性，不作出任何保证或承若；
3.如本站转载稿涉及版权等问题,请作者及时联系本站,我们会及时处理。

武汉大学2009-2010学年第二学期宏观经济学期末考试-经管之家官网！

宏观经济学