[試題] 102上 陳虹如 經濟學二 第一次小考
課程名稱︰經濟學二
課程性質︰A5通識
課程教師︰陳虹如
開課學院:社會科學院
開課系所︰經濟學系
考試日期(年月日)︰2013/10/25
考試時限(分鐘):50mins
是否需發放獎勵金:是
(如未明確表示,則不予發放)
試題 :
1. Draw a demand curve for music downloads. What happens to it in each of the
following scenarios? Why? (0.6 point)
A. The price of iPods falls
B. The price of music downloads falls
C. The price of CDs falls
2. In each of the following cases, determine how much GDP and each of its
componentes is affected (if at all). (1.5 points)
A. Debbie spends $200 to buy her husband dinner at the finest restaurant
in Boston.
B. Sarah spends $1800 on a new laptop to use in her publishing business.
The laptop was built in China.
C. Jane spends $1200 on a computer to use in her editing business. She got
last year's model on sale for a great price from a local manufacturer.
D. General Motors builds $500 million worth of cars, but consumers only buy
$470 million worth of them.
E. California spends $100 million to repave Highway.
3. Below are some data from the land of milk and honey. (1.5 points)
Year│Price of│Quantity of │Price of│Quantity of
│Milk │Milk │Honey │Honey
──┼────┼──────┼────┼──────
2010│$1 │100 quarts │$2 │50 quarts
──┼────┼──────┼────┼──────
2011│$1 │200 │$2 │100
──┼────┼──────┼────┼──────
2012│$2 │200 │$4 │100
a. Compute nominal GDP, real GDP, and the GDP deflator for each year, using
2010 as the base year.
b. Compute the percentage change in nominal GDP, real GDP, and the GDP
defaltor in 2011 and 2012 from the preceding year.
4. Suppose that society decided to reduce consumption and increase investment.
(0.4 point)
a. How would this change affect economic growth?
b. What groups in society would benefit from this change? What groups
might be hurt?
5. A small nation of ten people idolizes the TV show American Idol. All they
produce and consume are karaoke machines and CDs, in the following amounts:
(1 point)
│Karaoke Machines│CDs
──┼────┬───┼────┬───
│Quantity│Price │Quantity│Price
──┼────┼───┼────┼───
2011│10 │$40 │30 │$10
──┼────┼───┼────┼───
2012│12 │60 │50 │12
a. Using a method similar to the consumer price index, compute the
percentage change in the overall price level. Use 2011 as the base year,
and fix the basket at 1 karaoke machine and 3 CDs.
b. Using a method similar to the GDP deflator, compute the percentage
change of the overall price level. Also use 2011 as the base year.
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