381 Final Fall 2009 Answers

381 Final Fall 2009 Answers - Econ 381 Fall 2009 Final Exam...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Econ 381 Fall 2009 Final Exam Instructor: Matthew Butler Multiple Choice Questions (100 Points): Questions 1 through 10 are multiple choice questions. You may mark than one answer. If more than one answer is marked the question will receive 10 points divided by the number of selections made in selecting the correct choice. Each question is worth 10 points. You do not need to show work for any of the multiple choice questions, however you might find it useful to use the back of the pages with multiple choice questions on them to verify your answers. If you change your answer you must clearly indicate which answer is the one you want graded. 1. The demand for real money balances is generally assumed to: a. be exogenous b. be constant c. increase as real incomes increases d. decrease as real income increases 2. If the fed announces that it will raise the money supply in the future but does not change the money supply today [Hint use: ( 29 i Y L P M , = ]: 3. In an open economy without perfect capital mobility, if political instability abroad lowers the net capital outflow function, then the real interest rate:
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern