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96總é«�ç¶�æ¿�å­¸(I)æ - 97.01.17 5 Q `...

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總總總總總 總總總 總總總 97.01.17 總總總總總總 3 1. In a small open economy, if the world real interest rate is above the rate at which national saving exceeds domestic investment, then there will be a trade ______ and ______ net capital outflow. (A) surplus; negative (B) deficit; positive (C) surplus; positive (D) deficit; negative 2. In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade ______ and ______ net capital outflow. (A) deficit; negative (B) surplus; positive (C) deficit; positive (D) surplus; negative 3. If the information technology boom increases investment demand in a small open economy, then net exports ______ and the real exchange rate ______. (A) increase; appreciates (B) increase; depreciates (C) decrease; appreciates (D) decrease; depreciates 4. In a large open economy, an investment tax credit raises the real interest rate, ______ the trade balance, and ______ net capital outflow. (A) decreases; decreases (B) increases; increases (C) decreases; increases (D) increases; decreases 5. Assume that some large foreign countries begin to subsidize investment by instituting an investment tax credit. Then, if world saving does not depend on the interest rate, world investment: (A) will rise and small country investment will fall. (B) will rise and small country investment will remain unchanged. (C) will remain unchanged and small country investment will fall. (D) and small country investment will both remain unchanged. 6. If the steady-state rate of unemployment equals 0.125 and the fraction of unemployed workers who find jobs each month (the rate of job findings) is 0.56, then the fraction of employed workers who lose their jobs each month (the rate of job separations) must be: (A) 0.08 (B) 0.125 (C) 0.22 (D) 0.435 1
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7. Frictional unemployment occurs in each of the following cases EXCEPT when: (A) there is a sectoral shift in the economy. (B) certain firms go bankrupt. (C) workers quit their current jobs to look for new ones in a different occupation. (D) workers quit their current jobs and stop looking for work altogether. 8. When insiders have a much greater impact on the wage bargaining process than do outsiders, the negotiated wage is likely to be ______ the equilibrium wage. (A) much greater than (B) much less than (C) almost equal to (D) about one-half of 9. Efficiency-wage theories suggest that a firm may pay workers more than the market-clearing wage for all of the following reasons except to: (A) reduce labor turnover.
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96總é«�ç¶�æ¿�å­¸(I)æ - 97.01.17 5 Q `...

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