If you could exactly afford either 4 units of x and 27 units of y , or 9 units of x
and 7 units of y , then if you spend all of your income on y , how many units of y
could you buy
23
63
43
13
Consume at least as many corn chips as French fries but might consume both.
Definitely spend all of her income on corn chips.
Definitely spend all of her income on French fries.
Consume equal amounts of French fries and corn chips.
The inverse demand function for Apple is defined by the equation p =136 − 4q ,
where q is the number of units sold. The inverse supply function is defined by
p =16 + 4q . A tax of $16 is imposed on suppliers for each unit of Apple that they sell.
When the tax is imposed, the quantity of Apple sold fails to
13
11
15
16
L-shaped
Made up of 3 lines segments with slopes −2, −1, and −1/ 2
Made up of 2 line segments with slopes −2
Is smooth and has no kinks
If an individual’s Engel curve for a good is negatively sloped, then the goods is
An Giffen good
An inferior good
An normal good
An Engel good
a perfectly competitive firm in short-run equilibrium will earn
profits at the normal rate if it chooses the optimal level of output to produce
zero profits
losses whenever the marginal cost is greater than the average total cost
profits if P = MC
Either profits or losses depending on its costs and the market price
A monopolist with positive MC would never maximize profits by producing at which
of the following points:
The one where TR is maximized
One where AVC is falling
One where MC is falling
One where the price elasticity of demand for his output was less than one.
For a market to be perfectly competitive, all of the following conditions must hold
except:
Buyers must behave as price takers.
The market demand curve must be horizontal.
Sellers must behave as price takers.
The product sold must be homogenous.
Which of the following regarding stock market and Tobin’s q is correct?
The stock market is independent to output and unemployment.
A fall in Tobin’s q means that the investment is higher at any given interest rate.
A rising Tobin’s q suggests that investors are optimistic about the current and
future profit.
If the market values capital at less than its replacement cost, the firm’s managers
will replace capital as it wears out.
when an economy is equilibrium
planed expenditures exceed production and income
there is no savings nor investment
government tax revenues equal planed government expenditures
production and income equal planed expenditures
If the demand for money was totally independent of the interest rate, the
LM curve would have a positive slope and monetary policy would be quite
powerful
LM curve would have a positive slope and monetary policy would be important
LM curve would be vertical and monetary policy would be quite powerful
LM curve would be vertical and monetary policy would be important.
the effect on the IS curve of a reduction in taxes will be less the
flatter is the LM curve
steeper is the LM curve
Greater the extent of “crowding out.”
Greater is the marginal propensity to save
Which of the following factors will not cause the aggregate demand curve to shift?
Tax rates
Autonomous exports
Changes in the marginal product of labor
Consumer confidence
the position of the short-run aggregate supply curve depends on
the price level
worker’s expectations
aggregate demand
the actions of the monetary authority
the short-run Phillips curve gives
the actual short-run level of real GDP and inflation
all possible combinations of real GDP and inflation, for a given set of expectations
all possible combination of real GDP and inflation, for fully adjusted expectations
The response of real GDP and inflation to supply shocks.
Keynes’ argued that monetary policy would be important during the Great Depression
because
Fall in interest rates would simulate investment
Fall in interest rates would not stimulate investment
Rise in interest rates would not stimulate investment
Rise in interest rates would stimulate investment
During recession, the real wage should
Fall according to Keynesian model and rise according to real business cycle
model.
Rise according to Keynesian model and stay constant according to real business
cycle model.
Stay constant according to Keynesian model and fall according to real business
cycle model.
Rise according to Keynesian model and fall according to real business cycle
model.
可觀看題目詳解,並提供模擬測驗!(免費會員無法觀看研究所試題解答)