海南大学2007-08学年度第2学期试卷 科目：《宏观经济学》试题(A卷) 姓名： 学号： 学院： 专业班级： Please answer the Questions(每题10分，共同100分) 1.How does Real business cycle theory explains fluctuations in employment? 2.What are the four central disagreements in the debate over real business cycle theory? 3.How does Staggering of price adjustment by individual firms affect the adjustment of the overall price level to a monetary contraction 4.Why do many economists project increasing budget deficits and government debt over the next several decades?
海南大学 2007-08 学年度第 2 学期试卷 科目：《宏观经济学》试题(A 卷) 姓名： 学 号： 学院： 专业班级： Please answer the Questions（每题 10 分，共同 100 分） 1.How does Real business cycle theory explains fluctuations in employment? 2.What are the four central disagreements in the debate over real business cycle theory? 3. How does Staggering of price adjustment by individual firms affect the adjustment of the overall price level to a monetary contraction. 4.Why do many economists project increasing budget deficits and government debt over the next several decades?
5.Describe four problems affecting measurement of the government budget deficit. 6.According to the traditional view of government debt,how does a debt-financed tax cut affect public saving,private saving,and national saving? 7.According to the Ricardian view of government debt,how does a debt-financed tax cut affect public saving,private saving,and national saving? 8.Describe the possible effects of falling prices on equilibrium income
5.Describe four problems affecting measurement of the government budget deficit. 6.According to the traditional view of government debt,how does a debt-financed tax cut affect public saving,private saving,and national saving? 7.According to the Ricardian view of government debt,how does a debt-financed tax cut affect public saving,private saving,and national saving? 8 .Describe the possible effects of falling prices on equilibrium income
9.What has happened to the rate of productivity growth over the past 40 years?How might you explain this phenomenon? 10.Why might an economic policymaker choose the Golden Rule level of capital?
9 . What has happened to the rate of productivity growth over the past 40 years?How might you explain this phenomenon? 10.Why might an economic policymaker choose the Golden Rule level of capital?