經濟失業與通脹 DSE、CE、AL 選擇題（第 6 頁）

51.

Which of the following people will gain in times of unexpected inflation?

(1)holders of long-term government bonds

(2)holders of certificates of deposits

(3)those who have used credit cards to buy goods

(4)shareholders of companies which have issued long-term fixed-interest debentures

52.

Which of the following are the possible losses to society caused by unemployment?

(1)loss of output

(2)a higher crime rate

(3)a greater expenditure in public assistance

(4)a reduction in the government's tax revenue

53.

The following diagram shows the percentage increase in the nominal wages of workers in the manufacturing and the service sectors of an economy

The above diagram shows that in the period 1986-92,

54.

For Question No. 34, consider the following data of an economy producing only bread and shirts:

	Price in 1992 ($)	Price in 1993 ($)	Output in 1993 (units)
Bread	10	12	50
Shirts	20	25	20

The rate of inflation from 1992 to 1993 calculated by using the GNP deflator is:

55.

According to the data below, what do we call the phase of the business cycle that the economy was in 1991?

Year	1989	1990	1991	1992	1993
Real GDP growth rate (%)	1.5	0.0	2.1	2.8	3.5

56.

During recession,

(1)the growth rate of national income is steady.

(2)the general price level begins to rise.

(3)the unemployment rate increases.

(4)the production level declines.

57.

Which of the following people would be classified as 'unemployed' in Hong Kong?

58.

Who will lose during an unanticipated inflation?

59.

	November 1991	November 1992
Consumer Price Index (A)	117.7	128.5
Consumer Price Index (C)	118.7	129.9

The above table compares the indexes for November 1991 and November 1992. It shows that in November 1992, the ____ of the higher income group increased at a ____ rate than that of the lower income group.

60.

What will happen when there is inflation?