26 ? Chapter 23/Measuring a Nation's Income
62.An American company operates a fast food restaurant in Paris, France.
Which of the following statements is accurate?
a.The value of the goods and services produced by the restaurant is
included in both French GDP and U.S. GDP.
b.The value added by American workers and equipment in France is included
in U.S. GDP and the value added by French workers and equipment is added to French GDP.
c.The value of the goods and services produced by the restaurant is
included in French GDP, but not in U.S. GDP.
d.The value of the goods and services produced by the restaurant is
included in U.S. GDP, but not in French GDP.
ANS:CDIF:3REF:10-2NAT:Analytic
LOC:The study of economics and definitions in economicsTOP:Domestic production
MSC:Applicative
63.Michigan Tea Company sold $15 million worth of tea it produced. In
producing this tea it purchased $5 million dollars worth of ingredients from foreign countries and paid workers who reside in Canada but commute to the U.S. $1 million. How much did these transactions add to U.S. GDP?a.$21 millionb.$15 million
c.$10 million(工人的工资不用减去?d.$9 millionANS:CDIF:3REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economicsTOP:Domestic production | Intermediate goodsMSC:Analytical64.Quality Motors is a Japanese-owned company that produces automobiles; all
of its automobiles are produced in American plants. In 2010 Quality Motors produced $30 million worth of automobiles, with $17 million in
sales to Americans, $9 million in sales to Canadians, and $4 million worth of automobiles added to Quality Motors’ inventory. The transactions just described contribute how much to U.S. GDP for 2010?a.$17 millionb.$21 millionc.$26 million
d.$30 million(算产出的时候,出口的也直接算了吗?)ANS:DDIF:3REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economicsTOP:Domestic production | InventoryMSC:Analytical
65.Quality Motors is a Japanese-owned company that produces automobiles; all
of its automobiles are produced in American plants. In 2008, Quality Motors produced $25 million worth of automobiles and sold $12 million in the U.S. and $13 million in Mexico. In addition, it sold $2 million from
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范文范例 学习参考
the previous year’s inventory in the U.S. The transactions just described contribute how much to U.S. GDP for 2008?a.$12 millionb.$14 millionc.$25 milliond.$27 millionANS:CDIF:3REF:10-2NAT:Analytic
LOC:The study of economics and definitions in economicsTOP:Domestic production
MSC:Analytical
66.Which of the following items is included in U.S. GDP?
a.goods produced by foreign citizens working in the United States
b.the difference in the price of the sale of an existing home and its
original purchase pricec.known illegal activities
d.None of the above is included in U.S. GDP.ANS:ADIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economics
TOP:Current production | Domestic production | Illegal goodsMSC:
Interpretive67.Which of the following items is included in U.S. GDP?
a.final goods and services that are purchased by the U.S. federal
government
b.intermediate goods that are produced in the U.S. but that are unsold
at the end of the GDP accounting period(计算GDP的时候还未卖出去的中间产物算入GDP)
c.goods and services produced by foreign citizens working in the U.S.d.All of the above are included in U.S. GDP.ANS:DDIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economicsTOP:Domestic production | Government purchases | InventoryMSC:
Interpretive68.Which of the following items is included in U.S. GDP?
a.the estimated value of production accomplished at home, such as backyard
production of fruits and vegetables
b.the value of illegally-produced goods and services
c.the value of cars and trucks produced in foreign countries and sold in
the U.S.
d.None of the above is included in U.S. GDP.ANS:DDIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economics
TOP:Domestic production | Household chores | InventoryMSC:Applicative
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28 ? Chapter 23/Measuring a Nation's Income
69.Which of the following is not included in U.S. GDP?
a.unpaid cleaning and maintenance of houses
b.services such as those provided by lawyers and hair stylistsc.the estimated rental value of owner-occupied housing
d.production of foreign citizens living in the United StatesANS:ADIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economics
TOP:Domestic production | Household chores | Housing servicesMSC:Applicative
70.Which of the following is not included in U.S. GDP?
a.additions of newly produced output to inventory
b.production of U.S citizens working in foreign countries.c.the estimated rental value of owner-occupied housing
d.the value of food purchased from a grocery store to make meals at home
without pay
ANS:BDIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economics
TOP:Domestic production | Inventory | Household chores | Housing servicesMSC:Applicative
71.Which of the following values would be included in U.S. GDP for 2009?
a.the rent that Sean, an American citizen, would have paid on his home
in New York in 2009 had he not owned that home(如果他不自己住)
b.the rent that John, an American citizen, paid on his apartment in San
Francisco in 2009
c.the value of the legal services provided by Juan, an attorney and a
Mexican citizen, who lived in Houston and practiced law there in 2009d.All of the above would be included in U.S. GDP for 2009.ANS:DDIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economicsTOP:Housing services | Domestic productionMSC:Applicative
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范文范例 学习参考
72.Which of the following examples of production of goods and services would
be included in U.S. GDP?
a.Samantha, a Canadian citizen, grows sweet corn in Minnesota and sells
it to a grocery store in Canada.(看清地址)
b.Ian, an American citizen, grows peaches for his family in the back
yard of their Atlanta home.
c.Leo, an American citizen, grows marijuana in his Seattle home and
sells it to his friends and neighbors.
d.None of the above examples of production would be included in U.S.
GDP.
ANS:ADIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economicsTOP:Domestic production | Household chores | Illegal goodsMSC:
Applicative73.Which of the following transactions adds to U.S. GDP for 2010?
a.In 2010, Ashley sells a car that she bought in 2006 to William for
$5,000.
b.An American management consultant works in Mexico during the summer of
2010 and earns the equivalent of $30,000 during that time.
c.When John and Jennifer were both single, they lived in separate
apartments and each paid $750 in rent. John and Jennifer got married in 2010 and they bought a previously unoccupied house that, according to reliable estimates, could be rented for $1,600 per month.d.None of the above transactions adds to U.S. GDP for 2010.ANS:CDIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economics
TOP:Current production | Domestic production | Housing servicesMSC:Applicative
74.Which of the following transactions adds to U.S. GDP for 2010?
a.In 2010, Marvin Windows manufactures 20 windows that will eventually be
installed in an office building in Minneapolis. The windows remain in Marvin’s inventory at the end of 2010.
b.An Irish marketing consultant works in Boston during the summer of 2010
and earns $50,000 during that time.
c.When Tim and Tina were both single, they lived in separate apartments
and each paid $750 in rent. Tim and Tina got married in 2010 and they bought a previously unoccupied house that, according to reliable estimates, could be rented for $1,550 per month.
d.All of the above transactions add to U.S. GDP for 2006.ANS:DDIF:2REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economicsTOP:Domestic production | InventoryMSC:Applicative
精品资料整理
30 ? Chapter 23/Measuring a Nation's Income
75.The government of a country, which has adopted American GDP accounting
conventions, reported that seasonally adjusted GDP in quarter 3 was $12 billion at an annual rate(年度). This means that the
seasonally-adjusted market value of all final goods and services produced within this country in quarter 3 (第三季度)wasa.$3 billion.b.$4 billion.c.$12 billion.d.$48 billion.ANS:ADIF:2REF:10-2NAT:Analytic
LOC:The study of economics and definitions in economicsTOP:Annual rateMSC:Applicative
76.The government of country A, which has adopted American GDP accounting
conventions, has calculated that the seasonally-adjusted market value of all final goods and services produced within country A in quarter 1 was $5 billion. The government will report that GDP in quarter 1 was a.$1.25 billion at an annual rate.b.$4 billion at an annual rate.c.$5 billion at an annual rate.d.$20 billion at an annual rate.ANS:DDIF:2REF:10-2NAT:Analytic
LOC:The study of economics and definitions in economicsTOP:Annual rateMSC:Applicative
77.The statistical discrepancy(统计误差) that regularly arises in national
income accounting refers to the slight difference betweena.personal income and personal disposable income.b.estimates of GDP and actual GDP.
c.the income and expenditure approaches to the calculation of GDP.d.the quarterly and annual approaches to the calculation of GDP.ANS:CDIF:2REF:10-2NAT:Analytic
LOC:The study of economics and definitions in economicsTOP:Statistical discrepancy
MSC:Interpretive
78.Which government entity computes U.S. GDP every three months?
a.the Council of Economic Advisersb.the Department of Commerce(商业部)c.the Department of Treasuryd.the Federal ReserveANS:BDIF:1REF:10-2NAT:AnalyticLOC:The study of economics and definitions in economicsTOP:U.S. Department of CommerceMSC:Definitional
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