Principles of Economics Econ and a mathcode of 45 or Math or Math is required for this course. In the reading period article about France, the French are praised for each of the following reasons except A infrastructure B household debt C output growth rate D medical care system 8.
Course Policies and Expectations Make-up exams and special considerations: HSU recently made it much more difficult to drop courses after this deadline. C both money demand and commodity demand are stable.
The formula for the growth rate of multifactor productivity is: These problem sets give you practice with the material that I consider most important—they are one of your best study tools for the exams. Problem sets are due Sept. Adjustments may be made if warranted.
The exam is worth points in total: A television B internet C mobile phones D new drugs to fight malaria A excess per capita saving; more rapid growth in per capita output B excess per capita saving; less rapid growth in per capita output C more rapid growth in per capita output; more rapid growth in per capita output D more rapid growth in per capita output; no change in the long run rate of growth in per capita output How many extra units of High-Powered Money do they have to circulate.
Tutors may be available through the Tutoring Center. C All individuals have children D Markets for consumer housing and durable goods are perfect. A net exports B net income from abroad C net unilateral transfers D foreign direct investment 2.
Question 1 5 points a What monthly rate of inflation causes the price level to increase by a factor of 5 percentage points over a year. We will provide directions for setting up a Google Sites account where you can deposit your coursework. Work may only be turned in at another time if arrangements are made prior to the due date and documented, compelling reasons are provided.
B both money and commodity demand are unstable. Several structural changes that occurred over the past two decades were a theme of lectures. The article must deal with an empirical economic question not simply theoretical.
Using the log formula: A greater importance of structural unemployment and less importance of frictional unemployment B smaller response of core inflation to oil price shocks C larger decline of employment to declines in output in recessions D larger increase of productivity to increase in output in recoveries E More reliance on wage flexibility rather than layoffs in recession Place all of your answers for part B in the space provided.
In what way was the international economy cited as a source of the U. The grade for this course is based on three parts: D the velocity of money is unstable.
If the Federal Reserve intervenes in the foreign-exchange markets and buys foreign currencies A the U. However, each student is to turn in homeworks that they prepared themselves.
Initially, the economy is at point G in the figure above.
Please review the evacuation plan for the classroom posted on the orange signsand review Campus Emergency Preparedness for information on campus Emergency Procedures. B Interest rates will remain constant. Assuming constant wages implies that A an increase in the price of goods raises profits and SAS is vertical.
The essay will be pages long, typed, and double-spaced.
Which of the following was not a source of the Great Moderation, according to the textbook. The last day to drop this course without a serious and compelling reason is Monday, September Which of the following were not cited in the course as a reason for France and other European nations to be reluctant to endorse an Obama-like fiscal stimulus for their own countries.
Several structural changes that occurred over the past two decades were a theme of lectures. Write a coherent essay on the causes of the recession and on the policy responses to this event.
Once monetary policy is dedicated to controlling the level of nominal GDP, then fiscal policy can be used to A choose the overall level of interest rates, with a high budget surplus implying a high level of interest rates.
First, establish the facts. A high unemployment in Europe B low fiscal multipliers C social welfare system D unemployment insurance system 4. 2 Missing questions, many mistakes 1 At least you turned it in 0 Assignment not turned in Exams – The three exams (2 midterms, 1 final) comprise the bulk of your course grade.
Each midterm will be minutes. Completing all problem sets (assigned & extra), reviewing posted solutions for practice exams. 1 ECON ; SOLUTION TO MIDTERM 2, Winter 1(i). To determine who is more risk-averse, we can use either the Arrow-Pratt measure of absolute risk-aversion or the measure of relative risk-aversion.
ECON - Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall Answer sheet Documents Similar To Midterm 2 With Solutions.
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This is one of the critiques of the Solow growth model. PART C (30 points) WRITE YOUR NAME AND ID NUMBER ON YOUR BLUE BOOK.
As stated on the syllabus (p.Midterm 2 with solutions econ311