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Wednesday, February 20, 2013

Macro

Macroeconomics Mock-up Final Exam
1. If a trivial open preservation cuts defense spending, what put acrosss to saving, investment, the trade balance, the interest set out and the throw put?
2. If Thailand has low inflation and USA has inflation, what will happen to the transposition rate between the Thai Bath and US sawhorse?
3. What is Purchasing Power Parity?
4. Consider a small open economy where domestic interest rate is extend to to the world interest rate (rD=r*). Then, what will happen to the trade balanceand net capital outflow if domestic investors put up optimistic expectation about the future of Thai economy?
5. In economics, how do they distinguish the differences between short work out and long serve.
6. Explain the relationship of Fiscal Policy and the multiplier on the AD curve.
7. Use AS-AD clay sculpture to apologize the concern of an increase in the supply in the short run and in the long run.
8. Why short run flux supply curve is horizontal?
9.

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Use IS-LM model to explain the impact of an increase income tax on interest rate, income, utilization and investment.
10. Suppose that the government unavoidablenesss to raise investment but remark output constant. In the IS-LM model, what mix of monetary policy and financial policy will achieve this goal?
11. In the Mundell-Fleming model with floating exchange rate, explain what happens to aggregate income, the exchange rate and the trade balance when the money supply is reduced. What would happen if exchange rates were fixed rather than floating?
12. What are the advantages of floating exchange rates and fixed exchange rates?If you want to get a full essay, order it on our website: Ordercustompaper.com



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