Which of the following is NOT a macro objective in most cases?
A. Continuous economic growth
B. Low and stable price level
C. Fair distribution of national income
D. 0% natural rate of unemployment
Why could the GNP of a country be bigger than the GDP of the country? (最高分值: 5 分)
A. The inflation rate is negative.
B. There are more foreign companies than the domestic producers within the country.
C. There is more inflow of national income generated by domestic producers abroad than the outflow of income created by foreign companies within the country.
D. There are more exports than imports.
which of the following factor will shift the PPC of a national economy outward?
A. More exports than imports
B. The provision of compulsory secondary education
C. More transfer payment to the unemployed
D. Lower personal income tax rate
Which of the following is NOT a monetary tool?
A. Bank reserve ratio
B. Bond rate
C. Federal fund rate
D. Open market operations
Which of the following policies can boost a sluggish economy most efficiently in the short run?
A. More unemployment pension
B. Lower corporate income tax rate on foreign companies
C. Lower minimum wage
D. More government spending by issuing coupons
Which of the following policies can most effectively solve structural unemployment?
A. Extend the retirement age
B. Increase the minimum wage
C. Provide more job training programs
D. Free compulsory education
Which of the following statement is WRONG ?
A. Depreciation of the home currency may cause cost-push inflation.
B. Quantitative easing policy usually leads to higher inflation.
C. A lower interest rate can stimulate domestic consumption.
D. A higher marginal propensity to consumer can decrease the multiplier effect.
Expansionary fiscal policy usually leads to a cumulated national debt problem. True or false.
A higher inflation rate and a higher unemployment rate can't co-exist. True or false.
CPI and PPI are related. Usually if PPI increases, CPI will increase correspondingly.
The US GDP of 2021 was about 23 trillion USD. The federal government revenue was about ______
A. 4 trillion USD.
B. 6 trillion USD.
C. 8 trillion USD.
D. 10 trillion USD
China's GDP of 2021 was about 17 trillion USD. The per capita GDP was about _____, surpassing the world average.
A. 10,000 USD
B. 12,000 USD.
C. 14,000 USD
D. 15,000 USD
Among European countries, the top 3 countries by GDP of 2021 are
A. Germany, France, UK
B. Germany, UK, France
C. Germany, Italy, UK
D. Germany, UK, Italy
The top 3 countries by GDP per capita of 2021 in the world are _______. The top 1 country's GDP per capita in 2021 was about ________
A. Luxemboug, Qatar, Singapore, 60,000USD
B. Qatar, Singapore, Switzerland, 120,000 USD
C. Luxembourg, Ireland, Switzerland, 130, 000 USD
D. Qatar, Luxembourg, China Macao, 100,000 USD
There are 48 countries in Asia. ____ of them achieved their GDPs in 2021 above 1 trillion. The total Asian countries' GDP in 2021 accounted for _____ of world GDP.
A. 6; 39%
B. 5; 35%
C. 6, 45%
D. 5, 30%
The top 3 continents by GDP of 2021 are
A. Asia, North America, Europe
B. North America, Europe, Asia
C. Europe, Asia, North America
D. North America, Asia, Europe
The world's total GDP in 2021 was about 94 trillion USD. The total world trade reached about ______ trillion USD in 2021.
The US national debt reached ____ trillion USD by Fed 2022, about ______ % of its 2021 GDP.
A. 20, 100%
B. 25, 150%
C. 30, 150%
D. 30, 120%
Among the three countries, Japan, Germany, the U.S., which country has the highest trade to GDP ratio in 2021? What's this ratio?
A. Japan, 60%
B. Germany, 90%
C. the U.S., 50%
The world top 3 economies by GDP PPP in 2021 are
A. China, the U.S. Japan
B. China, the U.S., India
C. the U.S., China, India