宏观经济学chap03习题

宏观经济学chap03习题

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1、Macroeconomics,8e(Parkin)Testbank1Chapter3DemandandSupply3.1MarketsandPrices1)ArelativepriceistheA)slopeofthedemandcurve・B)differencebetweenonemoneypriceandanother・C)slopeofthesupplycurve・D)ratioofonemoneypricetoanother.Answer:DTopic:PriceandOpportunityCostSkill:Conceptual2)Ifthepriceofacandybar

2、is$1andthepriceofafastfoodmealis$5,thentheA)relativepriceofacandybaris5fastfoodmeals・B)moneypriceofacandybaris1/5ofafastfoodmeal.C)relativepriceofafastfoodmealis5candybars・D)moneypriceofafastfoodmealis1/5ofacandybar.Answer:CTopic:PriceandOpportunityCostSkill:Conceptual3)Ifthepriceofahotdogis$2an

3、dthepriceofahamburgeris$4,thentheA)relativepriceofahotdogis1/2ofahamburger.B)moneypriceofahotdogis2hamburgers.C)relativepriceofahamburgeris1/2ofahotdog・D)moneypriceofahamburgeris2hotdogs・Answer:ATopic:PriceandOpportunityCostSkill:Conceptual4)TheopporturdtycostofgoodAintermsofgoodBisequaltotheA)m

4、oneypriceofgoodAminusthemoneypriceofgoodB.B)moneypriceofgoodBminusthemoneypriceofgoodA.C)ratioofthemoneypriceofgoodAtothemoneypriceofgoodB.D)ratioofthemoneypriceofgoodBtothemoneypriceofgoodA.Answer:CTopic:PriceandOpportunityCostSkill:Analytical5)Theopportunitycostofahotdogintermsofhamburgersisth

5、eA)ratiooftheslopeofthedemandcurveforhotdogstotheslopeofthedemandcurveforhamburgers・B)ratiooftheslopeofthesupplycurveforhotdogstotheslopeofthesupplycurveforhamburgers.C)moneypriceofahotdogminusthemoneypriceofahamburger.D)ratioofthemoneypriceofahotdogtothemoneypriceofahamburger.Answer:DTopic:Pric

6、eandOpportunih/CostSkill:Analytical1)TheopportunitycostofagoodisthesameasitsA)moneyprice.B)relativeprice.C)priceindex・D)noneoftheaboveAnswer:BTopic:StudyGuideQuestion,PriceandOpportunityCostSkill:Conceptual2)Themoneypriceofapizzais$12perpizzaandthemoneypriceofatacois$2pertaco・Therelativepriceofa

7、pizzaisA)$12perpizza.B)$24perpizza・C)6tacosperpizza・D)1/6pizza.Answer:CTopic:StudyGuideQuestion,PriceandOpportunityCostSkill:Analytical3)ArelativepriceisA)apriceexpressedintermsofmoney.B)whatyougetpaidforbabys让tingyourcousin

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