文档介绍：Aggregate demand shifts and aggregate expenditures
Price level
(价格水平)
(C+I+G+NX)1 (P1)
Y
(C+I+G+NX)2(P1)
GDP2
GDP1
Real GDP
(实际GDP)
P1
GDP1
GDP2
AD1
AD2
AD
Shift in AD curve
= initial change in spending × multiplier
总需求曲线的移动
=最初的支出的变化×乘数
State whether the following statement are true or false. State reasons clearly. No marks will be given for an unsubstantiated claim.
1) Net exports are equal to :
GDP –(C+I+G)
2) The marginal propensity to save (MPS) is the change in consumption divided by the change in disposable e.
State whether the following statement are true or false. State reasons clearly. No marks will be given for an unsubstantiated claim.
3) Changes in government expenditure can result in increase in GDP through multiplier effect.
State whether the following statement are true or false. State reasons clearly. No marks will be given for an unsubstantiated claim.
4) The unemployment rate is defined as the number of unemployment divided by total population.
State whether the following statement are true or false. State reasons clearly. No marks will be given for an unsubstantiated claim.
The Breakdown of the Population
Unemployment(失业者)
Not in labor force(非劳动力人口)
Employment
就业者
Labor force
(劳动力)
Adult population
(成年人口)(≥15)
5) The marginal propensity to consume (MPC) is equal to one minus marginal propensity to save (MPS).
State whether the following statement are true or false. State reasons clearly. No marks will be given for an unsubstantiated claim.
6) A recessionary gap is the amount by which the aggregate expenditure exceeds the full employment level of GDP.
State whether the following statement are true or false. State reasons clearly. No marks will be given for an unsubstantiated claim.