多恩布什宏观经济学第十版课后习题答案02

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1、CHAPTER2SolutionstoProblemsintheTextbook:ConceptualProblems:1.Governmenttransferpayments(TR)donotariseoutofanyproductionactivityandarethusnotcountedinthevalueofGDP.Ifthegovernmenthiredthepeoplewhocurrentlyreceivetransferpayments,thentheirwageswouldbecountedaspartofgovernmentpurchases(G),whic

2、hiscountedinGDP.ThereforeGDPwouldrise.2.a.Ifthefirmbuysacarforanexecutive'suse,thepurchasecountsasinvestment(I).Butifthefirmpaystheexecutiveahighersalaryandshethenbuysacar,thepurchaseiscountedasconsumption(C).2.b.TheservicesthatahomemakerprovidesarenotcountedinGDP(regardlessoftheirvalue).How

3、ever,ifanindividualofficiallyhireshisorherspousetoperformhouseholddutiesatacertainwagerate,thenthewagesearnedwillbecountedinGDPandGDPwillincrease.2.c.IfyoubuyaGermancar,consumption(C)willincreasebutnetexports(NX=X-Q)willdecrease.OverallGDPwillincreasebythevalueaddedattheforeigncardealership,

4、sincetheimportpriceislikelytobelessthanthesalesprice.IfyoubuyanAmericancar,consumptionandthusGDPwillincrease.(Note:Ifthecaryoubuycomesoutofthecardealer'sinventory,thentheincreaseinCwillbe12partiallyoffsetbeadeclineinI,andGDPwillagainonlyincreasebythevalueadded.)3.GDPisthemarketvalueofallfina

5、lgoodsandservicescurrentlyproducedwithinthecountry.(TheU.S.GDPincludesthevalueoftheHondasproducedbyaJapanese-ownedassemblyplantthatislocatedintheU.S.,butitdoesnotincludethevalueofNikeshoesthatareproducedbyanAmerican-ownedshoefactorylocatedinMalaysia.)GNPisthemarketvalueofallfinalgoodsandserv

6、icescurrentlyproducedusingassetsownedbydomesticresidents.(HerethevalueoftheHondasproducedbyaJapanese-ownedHondaplantisnotcountedbutthevalueoftheNikesbytheAmerican-ownedshoeplantis.)Neitherisnecessarilyabettermeasureoftheoutputofanation.TheactualvalueoftheGDPandGNPfortheU.S.isfairlyclose.4.Th

7、eNDP(netdomesticproduct)isdefinedasGDPminusdepreciation.Depreciationmeasuresthevalueofthecapitalthatwearsoutduringtheproductionprocessandhastobereplaced.ThereforeNDPcomesclosertomeasuringthenetamountofgoodsproducedinthiscountry.Ifthisiswhatyouwantt