The Economics of Money Banking and Financial Markets 10E - Mishkin - TB chapter 20

《The Economics of Money Banking and Financial Markets 10E - Mishkin - TB chapter 20》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、EconomicsofMoney,Banking,andFin.Markets,10e(Mishkin)Chapter20TheISCurve20.1PlannedExpenditureandAggregateDemand1)Hisanalysisstartedwiththerecognitionthatthetotalquantitydemandedofaneconomy'soutputwasthesumoffourtypesofspending:consumerexpenditure,plannedi

2、nvestmentspending,governmentspending,andnetexports.A)JohnMaynardKeynesB)SirJohnHicksC)MiltonFriedmanD)PaulA.SamuelsonAnswer:AQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills2)Keynes'smotivationindevelopingtheaggregateoutputdeterminationmodelstemme

3、dfromhisconcernwithexplainingA)thehyperinflationsofthe1920s.B)whytheGreatDepressionoccurred.C)thehighunemploymentinGreatBritainbeforeWorldWarI.D)thehighunemploymentinGreatBritainafterWorldWarII.Answer:BQuesStatus:PreviousEditionAACSB:Reflectivethinkingski

4、lls3)Keyneswasespeciallyinterestedinexplainingmovementsof________becausehewantedtoexplainwhytheGreatDepressionhadoccurredandhowgovernmentpolicycouldbeusedtoincrease________inasimilareconomicsituation.A)aggregateoutput;wagesB)aggregateoutput;employmentC)wa

5、gerates;wagesD)wagerates;employmentAnswer:BQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills4)KeyneswasespeciallyconcernedwithexplainingtheA)recessionof1920-21.B)lowlevelsofoutputandemploymentduringtheGreatDepression.C)strongeconomicgrowthofthe1920

6、s.D)highunemploymentinGreatBritainduringthe1920s.Answer:BQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills31Copyright©2013PearsonEducation,Inc.5)Keyneswasespeciallyconcernedwithexplainingthe________levelofoutputandemploymentduringthe________.A)low;

7、1920sB)low;1930sC)high;1920sD)high;1930sAnswer:BQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills6)InthesimpleKeynesianmodel,equilibriumaggregateoutputisdeterminedbyA)aggregatedemand.B)aggregatesupply.C)thenationaldemandforlabor.D)thepricelevel.Ans

8、wer:AQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills7)UnderKeynesiananalysis,aggregatedemandcanbewrittenasA)Yad=C+I+G+NX.B)Yad=C+I+G-NX.C)Yad=C-I-G-NX.D)Yad=C+I-G-NX.Answer:AQuesStatus:PreviousEditionAACSB: