1. Single-choice questions (this big question is ***2 small questions, with 1 point for each small question, and ***2 points for each small question) only one of the four options listed in each small question meets the requirements of the topic. Please fill in the letters before the correct option in brackets after the question.
1. One of the following items will cause a country's production possibility curve to move outward ()
A. Unemployment B. Overall price level improvement
C. Technological progress D. Increased production of consumer goods, Decline in capital goods production
2. The most direct impact of a commodity price decline on its complementary products is ().
a. The demand curve of complementary products moves to the left B. The demand curve of complementary products moves to the right
C. The supply curve of complementary products moves to the right D. The price of complementary products drops
3. The consumer's budget line reflects ().
A. Consumer's income constraint B. Consumer's preference
C. Consumer's demand D. Consumer's utility maximization state
4. The product combinations that bring consumers the same satisfaction are concentrated in ().
A. On the production possibility curve B. On the indifference curve
C. On the budget constraint curve D. On the demand curve
5. The short-term in economic analysis refers to ().
A. Within one year, B. Period in which all production factors can be adjusted with output
C. At least one period in which production factors cannot be adjusted D. Period in which production factors can only be adjusted for one year
6. If the output produced by a manufacturer increases from 1 units to 12 units, the total cost will rise from $2, to $2,2. Then its marginal cost is equal to ()
A.1 USD B.2 USD C.22 USD D.2 USD
7. The following statement is correct ().
a. The interest on the investment in plant and equipment is variable cost
b. The trademark registration fee is variable cost
c. The expenditure on purchasing raw materials is non-cost and variable cost
d. The depreciation expense for compensating the intangible loss of machinery and equipment is non-cost
8. One of the following behaviors is ().
A. Aircraft manufacturing B. Tobacco industry
C. Daily commodity manufacturing D. Automobile manufacturing
9. In a completely monopolized market, for any output, The average income of the manufacturer is always equal to () < P > A. Marginal cost B. Average cost C. Market price D. Marginal income
1. In a perfectly competitive market, The reason why a single manufacturer's demand curve for production factors inclines to the lower right is ()
A. The marginal utility of products produced by factors decreases B. The marginal product of factors decreases
C. The equal output curve inclines to the lower right D. The scale income of production decreases
11. The reason why the production possibility curve protrudes outward is ().
a. marginal rate of transformation of two products increases. B. marginal rate of transformation of two products decreases.
C. Marginal substitution rate of two products increases. Marginal substitution rate of two products decreases.
12. The existing utility levels of Party A and Party B are 1 and 2 respectively, and the redistribution of resources has changed their utility. A change belonging to Pareto improvement is that ()
A. The utility of A becomes 1, B. A becomes 8, B becomes 25
C. A becomes 8, B becomes 3 d. A becomes 1, The utility of B becomes 3
13. Net export means () < P > A. Export minus import B. Export plus import < P > C. Export plus government transfer payment D. Import minus export
14. The situation corresponding to the increase of marginal saving tendency is ().
A. The disposable income level decreases B. The marginal propensity to consume decreases
C. The marginal propensity to consume increases D. The average propensity to save decreases
15. In the following cases, The largest investment multiplier is () < P > A. Marginal propensity to consume is .8b. Marginal propensity to consume is .7 < P > C. Marginal propensity to consume is .9d. Marginal propensity to consume is .6
16. The market interest rate is improved. ()
A. Increased demand for currency trading B. Reduced demand for currency trading
C. Increased demand for currency speculation D. Reduced demand for currency speculation
17. aggregate demand curve AD is a ().
A. Curve inclined to the lower right B. Curve inclined to the upper right
C. Straight line parallel to the quantity axis D. Straight line perpendicular to the quantity axis
18. Assuming that the nominal money supply remains unchanged, The rise of the overall price level will lead to a point ()
A. Move upward along the original LM curve B. Move downward along the original LM curve
C. Move right to another LM curve D. Move left to another LM curve
19. According to the Hader-Thomas model, When the actual capital-output ratio is less than the desired capital-output ratio, The manufacturer's response is ()
A. Increase investment B. Reduce investment C. Maintain the original investment level D. Reduce the number of workers
2. The basic meaning of Phillips curve is ().
A. Unemployment rate and inflation rate rise at the same time
B. Unemployment rate and inflation rate fall at the same time
C. Unemployment rate rises and inflation rate falls
D. The change of unemployment rate has nothing to do with the change of inflation rate
II. Multiple choice questions (5 small questions in this big question, 2 points for each small question, 1 points for * * *). There is no score for multiple choices, fewer choices and wrong choices.
21. The movement of the supply curve of a commodity is due to ().
A. Changes in commodity prices B. Changes in prices of complementary products
C. Changes in production technical conditions D. Changes in the cost of producing this commodity
E. The government provides subsidies to production enterprises
22. If only one factor of production can be changed, then, The reasonable input of this factor should be in ()
A. The second region of factor input
B. The average output and marginal product are increasing
C. The average output and marginal product are decreasing and greater than
D. The average output is increasing, while marginal product is decreasing
E. The average output is decreasing. And the stage of increasing marginal product
23. The following factors will cause the labor demand curve of manufacturers to move: ()
A. Wage rate B. Price of enterprise products
C. Price of other inputs D. Production technology
E. Changes in labor supply
24. According to IS-LM model ().
a. increasing investment reduces national income and interest rates rise
b. increasing investment increases national income and interest rates rise
c. increasing money supply increases national income and interest rates fall
d. increasing money supply reduces national income and interest rates fall
e. increasing money supply reduces national income, Interest rate rises
25. During the economic depression, The monetary policy that the government can choose is ()
A. Reduce the statutory reserve ratio
B. The central bank buys government bonds in the open market
C. The central bank sells government bonds in the open market
D. Reduce the rediscount rate
E. Increase the rediscount rate
Part II Non-multiple choice questions
III. Explanation of terms (this topic 3 points for each small question, ***12 points)
26. Consumer balance
27. Industries with constant costs
28. Nominal gross domestic product (nominal GDP)
29. Consumption function
4. Calculation questions (8 points for this big question)
3. Known investment in a certain country.
(1) write IS and LM curve equations;
(2) Calculate the balanced national income and interest rate;
(3) Other things being equal, if government purchases increase by 1, how much will the balanced national income increase?
5. Short answer questions (there are 3 small questions in this big question, each with 8 points and ***24 points)
31. Briefly describe the meaning of demand law and its special cases.
32. Briefly describe the profit maximization principle followed by manufacturers when using production factors.
33. Briefly describe the objectives of macroeconomic policies.
VI. Essay questions (this big question is ***2 small questions, with 13 points for each small question and 26 points for * * *)
34. Try to talk about the influence of externalities (external economic influence) on efficiency and the policies to correct externalities.
35. How did Keynesian theory explain the causes of the Great Depression in the 193s in western countries?
Reference answers
1. Multiple choice questions (this big question is ***2 small questions, 1 point for each small question, ***2 points)
1.C 2.B 3.A 4.B 5.C
6.A 7.D 8.C 9.C 1.B
11.A 12. D13.a14.b15.c
16.d17.a18.d19.a2.c
Second, multiple-choice questions (this big question ***5 small questions, 2 points for each small question, ***1 points)
21. CDE 22. AC 23. BCD 24. BC 25. Abd
III. Noun explanation (this big question is ***4 small questions, 3 points for each small question, 12 points for * *)
26. It is a kind of consumer utility that reaches the maximum and remains unchanged. In the sense of cardinal utility, the condition of consumer equilibrium is MU/P=λ, where λ is the marginal utility of money; In the sense of ordinal utility, when the indifference curve is tangent to the budget constraint line, consumers are in equilibrium, provided that RCS1,2=P1/P2.
27. It refers to an industry in which the cost of manufacturers does not change with the increase of the number of manufacturers in the industry (or the total output in the industry).
the long-term supply curve of this industry is a horizontal straight line.
28. Also known as monetary GDP, it refers to the market value of all final goods and services of a country calculated at current prices. The level of nominal GDP is influenced by price factors, and the actual productivity may be overestimated or underestimated by using nominal GDP.
29. in a two-sector economy, a function that represents the relationship between residents' consumption and total income. The function form is: C=C(Y), consumption is the increasing function of income, but with the increase of income, the increase of consumption quantity can't keep up with the increase of income.
IV. Calculation problem (8 points)
3.(1)IS curve: 3-1r=-2+.2Y
LM curve: .4Y-5r=25
(2) Solve: 3-1r =-2+.2y
.4y-5r = 25
and get: Y=1
r=3
(3)C=1, Then the IS-LM equation is
1+3-1r =-2+.2y
.4y-5r = 25
and the solution is: Y=11, so the national income increases by 1.
5. Short answer questions (this big question is ***3 small questions, each with 8 points and ***24 points)
31. Generally speaking, the higher the price of a commodity, the smaller the quantity of the commodity that consumers are willing and able to buy, that is, the demand; On the contrary, the lower the price of goods, the greater the demand. In western economics, this feature is called the law of demand. The demand curve that meets the demand law is inclined to the lower right. The law of demand gives the basic characteristics of consumers' demand for goods. But this does not mean that all consumers' behaviors strictly obey this rule. The following three situations can be regarded as special cases of demand law.
first, consumers need something.