110年 - [非官方正解]110 國立臺灣大學_碩士班招生考試_財務金融研究所甲組:經濟分析#101141

科目：研究所、轉學考(插大)◆經濟分析 | 年份：110年 | 選擇題數：10 | 申論題數：4

試卷資訊

所屬科目：研究所、轉學考(插大)◆經濟分析

選擇題 (10)

1. If the central bank pursues to maintain income constant, an expansionary fiscal policy must be accompanied by_______monetary policy， and the central bank must allow interest rate to_______significantly. (A)an expansionary, rise (B)an expansionary, fall (C)a contractionary, rise (D)a contractionary,fall
2. Which of the following is NOT consistent with the events leading up to the 2007-2009 financial crisis. (A)Increasing Leverage (B)Increasing House Price (C)Decreasing Equity (D)Increasing Debt
3. Which of the following event increases natural rate of unemployment? (A)Decrease in Government Spending (B)Increase in Real Money Supply (C)Formation of a Business Cartel (D)Weakening of Labor Union
4. Countries A and B are identical in all aspect, except that A is an open economy while B is a closed economy. The government in both countries decide to increase spending. Assume that prices are fixed.How does the resulting change in GDP differs. (A)GDP increases in B but decreases in A (B)GDP increases in both countries, but more so in A (C)GDP increases in both countries, but more so in B (D)GDP increases in both countries, by the same amount
5. When a nation's current account deficit exceeds its financial account surplus, the overall _________in the "balance of payments outcome" means that the nation's central bank is _________ foreign central banks. (A)surplus, lending to (B)surplus, borrowing from (C)deficit, lending to (D)deficit, borrowing from monetary policy,
6.Which of the following would result in a real appreciation of the United States Dollar with respect to the New Taiwan Dollar? (A)Increase in US Dollar per New Taiwan Dollar nominal exchange rate (B)Increase in Price Index of Taiwan (C)Increase in Price Index of United States (D)None of the Above
7. Which of the following would contribute towards an increase in debt/output ratio, all other things equal. Assume that nominal interest rate is fixed and there is no Seigniorage. (A)Slower Inflation (B)Faster Real Output Growth (C)Decreased Government Spending (D)None of the Above
8. Country A is a small open economy. An external shock led to the immediate appreciation of its currency with respect to the United States pollar. Investor's expectations are not affected.What happens to interest rate in Country A. (A)Increase (B)Decrease (C)Unchanged (D)Uncertain
9. Which of the following statements are true? (A)The firm's profit is concave in the vector w (B)The firm's profit is convex in the vector w (C)The firm's profit is both concave and convex in the vector w (D)The firm's profit is neither concave nor convex in the vector w

10. Which of the following statements are true? (A)The firm's profit is concave in the vectorλ (B) The firm's profit is convex in the vector λ  (C)The firm's profit is both concave and convex in the vectorλ  (D)The firm's profit is neither concave nor convex in the vector λ 

申論題 (4)

1. Consider a market in which there are two firms. Marginal costs for both firms are constant and equal to $4. While both firms are free to choose their respective advertising levels, A1, and A2, government regulation forces both firms to sell the product for $5 per nit. The demand curves for the two firms are given by:613879577dab6.jpg For both firms, the total cost of producing A units of advertising is A2 (that is, A squared). Find the Nash equilibrium levels of advertising, A1, and A2.(20%)
(a) How much is a risk neutral owner willing to pay for this system?(10%)

(b) If the owner's utility function is613879f4d6937.jpg, he will adopt an aggressive inventory metho(D)If the price of weather insurance that guarantees revenues of 3600 is 1000, is the owner willing to pay for the weather insurance?(10%)
(c) According to (b), what is the highest insurance price the owner is willing to pay?(10%)