发布时间 : 星期日 文章经济学原理对应练习 25更新完毕开始阅读e0d69b2df78a6529647d5351
Chapter 25
Production and Growth
Multiple Choice
1. A nation's standard of living is measured by its a. real GDP.
b. real GDP per person. c. nominal GDP.
d. nominal GDP per person. ANS: B PTS: 1 DIF: 1 REF: 25-1 TOP: Standard of living MSC: Analytical
2. Real GDP per person
a. minus real GDP per person from the previous period equals the growth rate of real GDP per person. b. provides more meaningful comparisons across time and countries than real GDP.
c. provides a less useful measure of the standard of living than nominal GDP per person. d. All of the above are correct. ANS: B PTS: 1 DIF: 2 REF: 25-1 TOP: Real GDP per person MSC: Definitional
3. If one wants to know how the material well-being of the average person has changed over time in a given country,
one should look at the a. level of real GDP.
b. growth rate of nominal GDP. c. growth rate of real GDP.
d. growth rate of real GDP per person. ANS: D PTS: 1 DIF: 1 REF: 25-1 TOP: Standard of living MSC: Interpretive
4. Over the past century in the United States, real GDP per person has grown by about
a. 1 percent per year. b. 2 percent per year. c. 3 percent per year. d. 4 percent per year. ANS: B PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth MSC: Definitional
5. During the past century the average growth rate of U.S. real GDP per person implies that it doubled about every
a. 100 years on average. b. 70 years. c. 35 years. d. 25 years. ANS: C PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth MSC: Definitional
6. In the United States, as measured by real GDP per person, average income is about how many times as high as
average income a century ago? a. 2 b. 4 c. 6 d. 8 ANS: D PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth MSC: Definitional
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Chapter 25/Production and Growth ? 1047
7. Over the past 100 years, U.S. real GDP per person has doubled about every 35 years. If in the next 100 years it
doubles every 25 years, then a century from now U.S. real GDP per person will be a. 4 times higher than it is now. b. 8 times higher than it is now. c. 12 times higher than it is now. d. 16 times higher than it is now. ANS: D PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth MSC: Definitional
8. Over the last century, US real GDP per person grew at a rate of about
a. 2% per year, so that it is now 2 times as high as it was a century ago. b. 2% per year, so that it is now 8 times as high as it was a century ago. c. 4% per year, so that it is now 2 times as high as it was a century ago. d. 4% per year, so that it is now 8 times as high as it was a century ago. ANS: B PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth MSC: Definitional
9. Over the past century in the United States, average income as measured by real GDP per person has grown about
a. 3.5 percent per year, which implies a doubling about every 20 years. b. 2 percent per year, which implies a doubling about every 35 years. c. 4 percent per year, which implies a doubling about every 17.5 years. d. None of the above is correct. ANS: B PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth MSC: Definitional 10. The level of real GDP person
a. differs widely across countries, but the growth rate of real GDP per person is similar across countries.
b. is very similar across countries, but the growth rate of real GDP per person differs widely across countries. c. and the growth rate of real GDP per person are similar across countries. d. and the growth rate of real GDP per person vary widely across countries. ANS: D PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 11. Income in developing countries like India and Indonesia
a. is less than 1/7th of that in developed countries like Japan and the United States. b. is about 1/5th of that in developed countries like Japan and the United States. c. is about 1/3 of that in developed countries like Japan and the United States. d. is about 1/2 of that in developed countries like Japan and the United States. ANS: A PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 12. Real GDP per person in poor countries like Pakistan and Bangladesh is
a. much more than twice as high as it was in the US in 1870. b. about twice as high as it was in the US in 1870. c. about the same as it was in the US in 1870. d. less that it was in the US in 1870. ANS: D PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth around the world MSC: Definitional
13. In 2003, the typical Bangladeshi had how many times the income of the typical American a century ago?
a. 1/4 b. 1/2 c. 2/3 d. 1 ANS: B PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth around the world MSC: Definitional
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14. Which of the following countries, had the highest growth rate over the last 100 years?
a. Brazil b. Germany c. Canada
d. United States ANS: A PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth around the world MSC: Definitional
15. In recent decades, average income in some East Asian countries, such as South Korea, Singapore, and Taiwan, has
risen about
a. 2 percent per year. b. 4 percent per year. c. 7 percent per year. d. 10 percent per year. ANS: C PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 16. In some East Asian countries, average income, as measured by real GDP per person, has recently grown at an average
annual rate that implies output should double about every a. 10 years. b. 15 years. c. 20 years. d. 25 years. ANS: A PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 17. Countries that grew the fastest over the last 100 years had growth rates of about
a. 0.5 percent. b. 1.5 percent. c. 2.0 percent. d. 2.5 percent. ANS: D PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 18. Of the following countries which grew the slowest over the last 100 years?
a. Brazil b. Mexico c. China
d. United States ANS: D PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth around the world MSC: Definitional
19. In the length of one generation, which of the following countries has gone from being among the poorest countries in
the world to being among the richest? a. Chad b. Ethiopia c. India
d. South Korea ANS: D PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 20. Average income has been stagnant for many years in
a. Ireland. b. Singapore. c. Ethiopia.
d. All of the above are correct. ANS: C PTS: 1 DIF: 1 REF: 25-1 TOP: Economic growth around the world
MSC: Definitional
Chapter 25/Production and Growth ? 1049
21. Which list contains, in this order, a country whose real GDP per person grew faster and one whose real GDP per
person grew slower than the US over the last 100 years? a. China, Pakistan
b. United Kingdom, China c. Pakistan, Argentina d. Argentina, Japan ANS: A PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 22. Countries that have lower levels of real GDP per person than the US,
a. tend to have growth rates that are higher than that of the US. b. tend to have growth rates that are about the same as the US. c. tend to have growth rates that are lower than that of the US.
d. have growth rates that are higher than the US in some cases and lower in other cases. ANS: D PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth around the world MSC: Definitional
23. Which of the following is correct?
a. Although levels of real GDP per person vary substantially from country to country, the growth rate of real GDP
per person is similar across countries.
b. Productivity is not closely linked to government policies.
c. The level of real GDP per person is a good gauge of economic prosperity, and the growth rate of real GDP per
person is a good gauge of economic progress.
d. Productivity may be measured by the growth rate of real GDP per person. ANS: C PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 24. Which of the following is correct?
a. Over the last 100 years Japan had a higher average growth rate than the United States. It follows that the standard
of living in Japan is greater than in the United States.
b. The typical person in Bangladesh today has about the same real income as a typical American 100 years ago. c. The typical citizen of China today has about half as much real income as the typical American today. d. None of the above is correct. ANS: D PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth around the world MSC: Definitional 25. Which of the following does the level of real GDP measure?
a. total real income b. productivity
c. the standard of living
d. All of the above are correct. ANS: A PTS: 1 DIF: 2 REF: 25-1 TOP: Productivity MSC: Definitional 26. A nation's standard of living is determined by
a. its productivity.
b. its gross domestic product. c. its national income.
d. how much it has relative to others. ANS: A PTS: 1 DIF: 1 REF: 25-1 TOP: Productivity | Standard of living MSC: Definitional
27. Which of the following is correct?
a. Countries with the highest growth rates over the last 100 years are the ones that had the highest level of real GDP
100 years ago.
b. Most countries have had little fluctuation around their average growth rates during the past 100 years. c. The ranking of countries by income changes substantially over time.
d. Over the last 100 years, Japan had the highest real GDP growth rate, and now has the highest real GDP per
person.
ANS: C PTS: 1 DIF: 2 REF: 25-1 TOP: Economic growth around the world MSC: Definitional