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20 If a large amount of “hot money” flows into Taiwan, what change will occur in the country’s balance of payments? (A) The current account balance decreases. (B) The current account balance increases. (C) The financial account balance decreases. (D) The financial account balance increases.

19 Which of the following policies is most consistent with the predictions of the Gravity Model of trade? (A) Encouraging domestic firms to increase research and development spending in order to reduce average production costs. (B) Reducing cross-border transportation and transaction costs through regional economic integration. (C) Requiring all firms to export goods while prohibiting them from importing products in the same category. (D) Dividing the domestic market into more administrative regions in order to increase product variety.

18 An international concert promoter receives US$1 million in ticket revenue from overseas and needs to convert the funds into British pounds to pay venue rental fees. The finance manager observes the following three spot exchange rates: US$1 = €0.8 €1 = £0.7 US$1 = £0.5 Assume that transactions can be conducted simultaneously in all three markets and that there are no transaction costs, bid–ask spreads, or quantity restrictions. Which of the following is correct? (A) There is no arbitrage opportunity. (B) The arbitrage profit is US$120,000. (C) The arbitrage profit is £50,000. (D) Whether a triangular arbitrage opportunity exists is not related to the British pound exchange rate.

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22 中央法規標準法第 6 條規定「應以法律規定之事項,不得以命令定之」,係關於下列何種基本原則之規 定? (A)法律優位原則 (B)法律保留原則 (C)法律明確性原則 (D)法律授權明確性原則

26 甲、乙、丙、丁、戊共有 A 地,其應有部分為均等。下列敘述何者符合民法關於共有物處分及管理之規定? (A)丁得單獨處分其應有部分 (B) A 地的管理,應以全體共有人的同意行之 (C) A 地的處分,得以應有部分合計逾三分之二的共有人之同意行之 (D) A 地的處分,得以共有人過半數及其應有部分合計過半數之同意行之

28 有關共同正犯之敘述,下列何者正確? (A)我國實務界承認過失共同正犯 (B)我國實務界承認相續共同正犯 (C)我國實務界不承認共謀共同正犯 (D)我國實務界承認教唆犯之共同正犯

20 若總合供給曲線為正斜率,有關財政政策的短期效果,下列敘述何者錯誤? (A)政府支出增加會讓總合需求曲線右移,因此會提高價格與產出水準 (B)減稅會讓總合需求曲線右移,因此可以刺激產出 (C)政府支出增加會產生擠入(crowding-in)效果,所以總合需求曲線右移幅度大於產出增加幅度 (D)當經濟社會處於流動性陷阱(liquidity trap)時,政府支出增加不會產生排擠效果

21 假設李嘉圖均等定理成立,政府維持支出不變,政府減稅對當期經濟的影響為何? (A)儲蓄不變 (B)儲蓄下降 (C)消費不變 (D)消費下降

22 給定一正利率 r, C1 與 C 2 分別為第一期與第二期的消費, Y1 與 Y2 分別為第一期與第二期的所得, 則兩期的消費者預算限制式可以表達為下列何者? (A) \(C_1 + C_2 = Y_1 + Y_2\)(B) \(C_1 + C_2 / (1+r) = Y_1 + Y_2 / (1+r)\)(C) \(C_1 + C_2 (1+r) = Y_1 + Y_2 (1+r)\)(D) \(C_1 / (1+r) + C_2 = Y_1 / (1+r) + Y_2\)