《Chapter-7-宏观经济学原理-弗兰克版-（含答案）题库》由会员分享，可在线阅读，更多相关《Chapter-7-宏观经济学原理-弗兰克版-（含答案）题库（132页珍藏版）》请在金锄头文库上搜索。
1、Chapter 7Student: _1.The key indicator of a countrys living standard and economic well-being is:A.the interest rate.B.nominal GDP per person.C.real GDP.D.real GDP per person.2.Compared to the level of real GDP per person in 1870, by 2010, real GDP in the U.S was _ times larger, while real GDP per pe
2、rson in Japan was _.A.12; smallerB.12; 12 times largerC.12; 30 times largerD.30; 12 times larger3.Over the period from 1870 to 2010, the growth of real GDP per capita tended to be more rapid between _, particularly for _.A.1870-1950; JapanB.1870-1950; the United StatesC.1870-1950; CanadaD.1950-2010;
3、 Japan4.Over the period from 1950 to 2010, which country experienced the fastest average annual growth rate of real GDP per person?A.United StatesB.JapanC.ChinaD.Canada5.Growth in real GDP per capita has:A.been steady over the course of human history.B.slowed since the mid-nineteenth century compare
4、d to before.C.been more rapid since the mid-nineteenth century than ever before.D.increased over the last 150 years only in the United States and Canada.6.The rise in average living standards experienced by most industrialized countries:A.has been continuous over the course of human history.B.was mo
5、re rapid before 1870 than after 1870.C.has been more rapid since 1950 than before 1950.D.has resulted primarily from an increase in population worldwide.7.The long-run average annual growth of real GDP per person is the United States is approximately _ percent.A.oneB.twoC.fiveD.seven8.Compound inter
6、est is:A.the payment of interest on the original deposit.B.the interest rate adjusted for the rate of inflation.C.the real rate of interest compounded by the rate of inflation.D.the payment of interest on both the original deposit and all accumulated interest.9.Bank C promises to pay a compound annu
7、al interest rate of 6 percent, while Bank S pays a 10 percent simple annual interest rate on deposits. If you deposit $1,000 in each bank, after 10 years, your deposit in Bank C equals _, while your deposit in Bank S equals _.A.$1,060; $1,100B.$1,600; $2,000C.$1,600; $2,594D.$1,791; $2,00010.Bank C
8、promises to pay a compound annual interest rate of 6 percent, while Bank S pays an 8 percent simple annual interest rate on deposits. If you deposit $1,000 in each bank, after 10 years, your deposit in Bank C equals _, while your deposit in Bank S equals _.A.$1,060; $1,800B.$1,600; $1,800C.$1,600; $
9、2,159D.$1,791; $1,80011.If you left $2,500 on deposit with a bank promising to pay you a 6 percent compound annual rate of interest, then after 50 years your deposit would be worth approximately:A.$2,800B.$18,420C.$46,050D.$250,75012.Suppose when you are 21 years old, you deposit $1,000 into a bank
10、account that pays annual compound interest, and you do not withdraw from the account until your retirement at the age of 65, 44 years later. How much more will be in your account if the interest rate is 6 percent rather than 5 percent?A.$440B.$1,549C.$4,428D.$8,55713.Suppose when you are 21 years ol
11、d, you deposit $1,000 into a bank account that pays annual compound interest, and you do not withdraw from the account until your retirement at the age of 65, 44 years later. How much more will be in your account if the interest rate is 6 percent rather than 4 percent?A.$880B.$2,390C.$5,617D.$7,3691
12、4.Small differences in annual growth rates of real GDP generate large differences in real GDP over time because of the:A.importance of average labor productivity.B.power of compound interest.C.diminishing returns to capital.D.limits of economic growth.15.If an economy maintains a small rate of growt
13、h for a long period of time, then the size of the economy:A.can only increase by a small amount.B.can increase by a large amount.C.can never double.D.will stay nearly constant.16.If real GDP per person were equal to $2,000 in 1900 and grew at a one percent annual rate, what would be the value of rea
14、l GDP per person 100 years later?A.$2,210B.$4,000C.$5,410D.$20,00017.Real GDP per person in both Alpha and Omega is equal to $2,000. Over the next 100 years, real GDP per person grows at a 1.5 percent annual rate in Alpha and at a 2.5 percent annual rate in Omega. After 100 years, real GDP per person in Alpha is _
