ECON 100B - Spring 2006 - Wood - Final

ECON 100B - Spring 2006 - Wood - Final - Name(Last name...

This preview shows pages 1–3. Sign up to view the full content.

Spring 2006 (IS-LM-BP and DAD-SAS Models) 1 Name: ____________________ (Last name, first name) SID: ____________________ Lecture (1 or 2): ____________________ WEIGHT FOR THIS EXAM: 35% _______ or 40% _______ UGBA 101B Macroeconomic Analysis for Business Decisions Dr. Steven Wood Spring 2006 Exam #3 Please sign the following oath: The answers on this test are entirely my own work. I neither gave nor received any aid while taking this test. I will not discuss the questions on this test until after 11:00 a.m. on May 19, 2006. _______________________________________ Signature Any test turned in without a signature indicating that you have taken this oath will be assigned a grade of zero. Graph Instructions When drawing diagrams, the following rules apply: a. Completely , clearly and accurately label all axis, lines, curves, and equilibrium points. b. The original diagram and equilibrium points MUST be drawn in black. c. The first shift of any line(s) and the new equilibrium points MUST be drawn in red. d. Any subsequent shifts in curves and new equilibrium points MUST be drawn in another color, preferably blue and then green. Do NOT open this test until instructed to do so.

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

View Full Document
Spring 2006 (IS-LM-BP and DAD-SAS Models) 2 A. Multiple Choice Questions . Circle the letter corresponding to the best answer. (3 points each; total of 30 points.) 1. Suppose that there is a sudden fall in the foreign demand for our domestically produced goods. Then: a. The BP curve will shift to the left. b. The BP curve will shift to the right. c. The IS curve will shift to the left. d. Either a. or b. e. Both a. and c. 2. If an economy has completely flexible exchange rates, then: a. The balance of payments is always positive. b.
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 07/03/2011 for the course ECON 100B taught by Professor Wood during the Spring '08 term at Berkeley.

Page1 / 8

ECON 100B - Spring 2006 - Wood - Final - Name(Last name...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online