国际金融全部选择题(12-22章)

112.1TheNationalIncomeAccountsA1)Acountry'sgrossnationalproduct(GNP)isA)thevalueofallfinalgoodsandservicesproducedbyitsfactorsofproductionandsoldonthemarketinagiventimeperiod.B)thevalueofallintermediategoodsandservicesproducedbyitsfactorsofproductionandsoldonthemarketinagiventimeperiod.C)thevalueofallfinalgoodsproducedbyitsfactorsofproductionandsoldonthemarketinagiventimeperiod.D)thevalueofallfinalgoodsandservicesproducedbyitsfactorsofproductionandsoldonthemarket.E)thevalueofallfinalgoodsandservicesproducedbyitsfactorsofproduction,excludingland,andsoldonthemarketinagiventimeperiod.A2)Formostmacroeconomists,A)nationalincomeaccountsandnationaloutputaccountsareequaltoeachother.B)nationalincomeaccountsexceednationaloutputaccounts.C)nationaloutputaccountsexceednationalincomeaccounts.D)itisimpossibletotellwhethernationalincomeaccountsequaltonationaloutputaccounts.E)Noneoftheabove.A3)Formostmacroeconomists,A)grossnationalincomeandgrossnationalproductarethesame.B)grossnationalincomeexceedsgrossnationalproduct.C)grossnationalproductexceedsgrossnationalproduct.D)itishardtotellwhethergrossnationalincomeequalgrossnationalproduct.E)Noneoftheabove.D4)ThehighestcomponentofGNPis,A)thecurrentaccount.B)investment.C)governmentpurchases.D)consumption.E)Noneoftheabove.D5)AnexampleofhowGNPaccountsforservicesprovidedbyforeign-ownedcapital(andGDPdoesnot)isA)earningsofSpanishfactorywithBritishownerscountsonlyinSpain'sGDP.B)earningsofSpanishfactorywithBritishownerscountsonlyinBritain'sGNP.C)earningsofSpanishfactorycountsinSpain'sGNPbutarepartofBritain'sGDP.D)earningsofSpanishfactorycountsinSpain'sGDPbutarepartofBritain'sGNP.E)Noneoftheabove.C6)ThesaleofA)ausedtextbookdoesenterGNP.B)ausedtextbookdoesnotenterGNP,butthesaleofausedhousedoes.C)bothausedtextbookandausedhousedonotenterGNP.D)ausedhousedoesnotenterGNP,butthesaleofausedbookdoes.E)Noneoftheabove.B7)Whichoneofthefollowingstatementsisthemostaccurate?A)Thesaleofausedtextbookdoesgenerateincomeforfactorsofproduction.B)Thesaleofausedtextbookdoesnotgenerateincomeforanyfactorofproduction.C)Thesaleofausedtextbooksometimesdoesandsometimesdoesnotgenerateincomeforfactorsofproduction.D)Itishardtotellwhetherasaleofausedtextbookdoesordoesnotgenerateincomeforfactorsofproduction.E)Noneoftheabove.B8)Whichoneofthefollowingstatementsisthemostaccurate?2A)GNPplusdepreciationiscallednetnationalproduct(NNP).B)GNPlessdepreciationiscallednetnationalproduct(NNP).C)GNPlessdepreciationiscallednetfactorproduct(NFP).D)AnswersAandCarebothcorrect.E)Noneoftheabove.E9)NationalincomeequalsGNPA)lessdepreciation,lessnetunilateraltransfers,lessindirectbusinesstaxes.B)lessdepreciation,plusnetunilateraltransfers,plusindirectbusinesstaxes.C)lessdepreciation,lessnetunilateraltransfers,plusindirectbusinesstaxes.D)plusdepreciation,plusnetunilateraltransfers,lessindirectbusinesstaxes.E)lessdepreciation,plusnetunilateraltransfers,lessindirectbusinesstaxes.E10)TheUnitedStatesbegantoreportitsgrossdomesticproduct(GDP)onlysinceA)1900.B)1921.C)1931.D)1941.E)1991.A11)GDPissupposedtomeasureA)thevolumeofproductionwithinacountry'sborders.B)thevolumeofservicesgeneratedwithinacountry'sborders.C)thevolumeofproductionofacountry'soutput.D)GNPplusdepreciation.E)Noneoftheabove.D12)GNPequalsGDPA)minusnetreceiptsoffactorincomefromtherestoftheworld.B)plusreceiptsoffactorincomefromtherestoftheworld.C)minusreceiptsoffactorincomefromtherestoftheworld.D)plusnetreceiptsoffactorincomefromtherestoftheworld.E)Noneoftheabove.B13)MovementsinGDPA)andGNPusuallydonotdiffergreatly.B)andGNPusuallydonotdiffergreatly,asapracticalmatter.C)andGNPusuallydodiffergreatly.D)areusuallysmallerthanthoseofGNPmovements,inpractice.E)Noneoftheabove.C14)In2006,theUnitedStateshadA)asurplusinthecurrentaccount.B)abalanceinthecurrentaccount.C)adeficitinthecurrentaccount.D)From2006data,itistoodifficulttodeterminewhetherasurplusoradeficitexistedinthecurrentaccount.E)Noneoftheabove.E15)NetunilateraltransfersA)arepartofanationalincome.B)arepartofacountry'sproduct.C)mustbeaddedtoNNPincalculationsofnationalincome.D)arepartofacountry'sGNP.E)OnlyAandC.3C16)GDPisdifferentthanGNPinthatA)itaccountsfornetunilateraltransfers.B)itdoesnotaccountforindirectbusinesstaxes.C)itdoesnotaccountforacountry'sproductionusingserviceswithforeign-ownedcapital.D)itaccountsfordepreciation.E)Noneoftheabove12.2NationalIncomeAccountingforanOpenEconomyB1)MovementsinGDPA)differgreatlyfrommovementsinGNP.B)donotdiffergreatlyfrommovementsinGNP.C)arenotallowedtodifferatallfrommovementsinGNPbydefinition.D)needtobeinflationadjustedinordertomatchmovementsinGNP.E)Noneoftheabove.B2)PurchasesofinventoriesbyA)firmsarenotcountedininvestmentspending.B)firmsarealsocountedininvestmentspending.C)householdsarealsocountedininvestmentspending.D)householdsandFirmsarealsocountedininvestmentspending.E)Noneoftheabove.C3)Inopeneconomies,A)savingandinvestmentarenecessarilyequal.B)asinaclosedeconomy,savingandinvestmentarenotnecessarilyequal.C)savingandinvestmentarenotnecessarilyequalastheyareinaclosedeconomy.D)savingandinvestmentarenec