ap宏观经济学考试真题有吗?

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  课程顾问-小管家 2023-07-20 18:39:50

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  　　同学你好，考而思可以给你提供完整版英文真题，如果有需要可以联系我们。ap宏观经济学会考很多基本概念，比如GDP、通货膨胀等等，还会有宏观经济体制、政策、经济数据分析、国际贸易、汇率等考点。下面是去年的宏观经济学考试真题，同学可以参考复习。

  　　1. Assume a country’s economy is operating below full employment.

  　　(a) Draw a correctly labeled graph of aggregate demand, short-run aggregate supply, and long-run aggregate supply, and show each of the following.

  　　(i) The current equilibrium real output and price level, labeled as Y1 and PL1. respectively

  　　(ii) The full-employment output, labeled as YF

  　　(b) Identify one fiscal policy action the country’s government can take to restore full employment.

  　　(c) Assume instead that no fiscal policy action is taken. Suppose a change in investment spending causes real GDP to increase by $ 200 billion. Calculate the minimum change in investment spending that could have caused this increase in real GDP if the marginal propensity to save is 0.25. Show your work.

  　　(d) Assume the output gap was initially $ 800 billion. On your graph in part (a), show the short-run effect of the change in investment spending identified in part (c), labeling the new equilibrium real output as Y2 and the new equilibrium price level as PL2.

  　　(e) Given your answer to part (d), is the actual rate of unemployment greater than, less than, or equal to the natural rate of unemployment? Explain.

  　　(f) Assume that private savings now increase. Draw a correctly labeled graph of the loanable funds market and show the effect of the increase in private savings on the real interest rate.

  　　(g) Based solely on the change in the real interest rate shown in part (f), what will happen to each of the following?

  　　(i) Real GDP in the short run. Explain.

  　　(ii) Long-run aggregate supply. Explain.
  

  

  　　2. Assume that commercial banks must hold a minimum of 20% of their deposits as reserves. Now suppose that the central bank of the country sells $100.000 of government bonds to commercial banks.

  　　(a) Calculate the maximum change and state the direction of change in the money supply as a result of the central bank bond sale. Show your work.

  　　(b) Draw a correctly labeled graph of the money market and show the effect of the change in the money supply identified in part (a) on the nominal interest rate.

  　　(c) Given the change in the money supply in part (a), if the velocity of money is constant, what will happen to the nominal gross domestic product? Explain.

  　　(d) Based on the change in the nominal gross domestic product in part (c), what happens to the price level if the real gross domestic product is constant?

  　　3. Italy and Japan are trading partners and have flexible exchange rates. The Italian currency is the euro and the Japanese currency is the yen.

  　　(a) Suppose that the exchange rate between the euro and the yen is 1 euro = 100 yen. What is the price of an Italian coat in yen if the coat costs 120 euros in Italy?

  　　(b) Assume that real interest rates increase in Japan. Identify what will happen to net financial capital flows between Italy and Japan.

  　　(c) Draw a correctly labeled graph of the foreign exchange market for the yen and show the effect of the increase in real interest rates in Japan on the value of the yen.

  　　(d) Based solely on the change in the exchange rate identified in part (c), what will happen to Italy’s exports to Japan? Explain.

  　　如果想获取更多ap宏观经济学考试真题，欢迎同学私信我们噢~

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