第一章测试1.Which of the following statements about Keynes' contribution to macroeconomics is correct? （ ）
A:all of the above B:none of the above C:although he published his most important ideas about the economy long before the 1930s, few economists paid attention to Keynes until the Great Depression proved him correct. D:Keynes argued that balancing the budget could be an effective way to cure a recession or depression. E:Keynes argued that depressions and recessions were almost always caused by changes in the money supply.
答案:B
2. According to Keynes （ ）
A:the Phillips curve is stable. B:the Great Depression was caused by ill-considered expansionary fiscal policy. C:inflation is always and everywhere a monetary phenomenon. D:balancing the budget in the midst of a depression would be a serious mistake. E:none of the above
答案:D
3.The neoclassical synthesis （ ）
A:was the dominant school of thought among economists in the 1950s and 1960s. B:held that econometric models of the economy could not be used to predict the future. C:held that economy always operated at or very near the natural rate of unemployment. D:was a name coined by Keynes himself for his new theories. E:rejected virtually all of Keynes' insights.
答案:A
4.Liquidity preference refers to （ ）
A:monetarists explanations for stagflation. B:the controversy sparked by the Lucas critique. C:real business cycle theorists' explanations for stagflation. D:Keynes' name for the demand for money. E:the "random walk" behavior of consumption spending.
答案:D
5. Which of the following was not part of the neoclassical synthesis? （ ）
A:the LM curve B:the IS curve C:aggregate demand D:rational expectations E:the Phillips curve
答案:D
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