答案和详解如下： 6.Utilizing the information given above, which of the following measures of productivity should produce the highest number, all other things being equal? A) GDP at market prices. B) GNI. C) NNI. D) GDP at factor cost. The correct answer was B) This can be solved intuitively and without calculations. GNI equals GDP plus net property income from abroad, so assuming a positive income number, GNI will be higher than GDP at either factor cost or market prices. NNI is simply GNI minus depreciation, so GNI will be higher than NNI. 7.Assume that a United States-owned company operates a production facility in India, and produces $25,000,000 of goods per year at that location. Which of the following statements regarding the production of the facility is most accurate? A) The production of the facility in India would not be included in the GDP measure for the United States. B) The production of the facility in India would not be included in the GNI measure for the United States. C) The production of the facility in India would not be included in the NNI measure for the United States. D) The production of the facility in India would not be included in the GDP measure for India. The correct answer was A) GDP only counts the goods and services produced within the geographic boundaries of a country. 8.In order to convert GDP at factor cost to GDP at market prices, which of the following adjustments should be made to GDP at factor cost?
A) Subtract
Subtract B) Add Subtract C) Subtract
Add D) Add Add The correct answer was B) GDP at factor cost is the net of taxes and subsidies, so an adjustment must be made for consistent comparison. Beginning with GDP at factor cost, add back indirect taxes and subtract subsidies to arrive at GDP at market prices. 9.Which of the following statements regarding the measurement of the productivity of a country is most accurate? A) Income is presented as an index, with a base year’s income set equal to 100, and subsequent years expressed as a percentage of the base year. B) The income measure excludes passive income such as trading profits and rental income. C) Output is considered to be the most reliable of the three measures, while expenditure is considered to be the least reliable. D) The most comprehensive measure of a country’s expenditure component is derived by adding all consumption, investment, and export of goods and services. The correct answer was D) Total Final Expenditure (TFE) is used as a proxy for the expenditure component, and is the sum of consumption, investment, and export of goods and services. 10.Gross Domestic Product (GDP), a measure of a country’s output, is best defined as the: A) total goods and services produced by a country’s citizens in one year. B) total goods and services produced by a country’s citizens in one year, adjusted for depreciation. C) total goods and services produced by a country’s citizens in one year, adjusted for the shadow economy. D) total market value of all final goods and services produced in a country in one year. The correct answer was D) GDP is the sum of all economic value produced in one year in a country, regardless of who owns the assets. It does not account for depreciation or the productivity of the country’s shadow economy. 11.When calculating the Gross Domestic Product (GDP) of a country: A) the income (rent, interest, profits, and dividends) earned by all of the residents of the country is included, regardless of where the assets are located. B) the output, expenditure, and income measures are always equal. C) the factor cost adjustment is used only in periods of rapidly increasing or decreasing inflation. D) only the value of goods and services at the final stage of production are included. The correct answer was D) Including goods and services at the intermediate stages of production in the GDP calculation would overstate the economic activity of a country; therefore, only finished products are included. | 
发表于 2008-5-20 18:41
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