Econ 100b Problem Set 6

Econ 100b Problem Set 6 - Name Sim Eugene(Last name first...

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

Name: Sim, Eugene (Last name, first name) SID: 20934386 GSI: Sheu, Julie Econ 100B Macroeconomic Analysis Professor Steven Wood Spring 2011 Problem Set #6 Due: April 28, 2011 (in class before 3:50:01 p.m.) Turn your completed problem set in to your GSI Please sign the following oath: The answers on this problem set are entirely my own work. I neither copied from the work of others nor allowed others to copy from my work. _______________________________________ Signature Any problem set turned in without a signature will be assigned a grade of zero. Problem Set Instructions 1. You MUST complete your problem set on this template. 2. Graphs and equations MAY be drawn by hand. When drawing diagrams, clearly and accurately label all axis, lines, curves, and equilibrium points. 3. Explanations MUST be word-processed. Your explanations should be succinct and to the point. Problem Set #6 (Spring 2011) 1/5

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

View Full Document
A. Multiple Choice Questions (15 points) . Circle the letter corresponding to the best answer (3 points each). 1. Suppose that U.S. inflation is expected to increase in the future. This will tend to cause: a. A depreciation of the U.S. dollar. b. An appreciation of the U.S. dollar. c. No change in the value of the U.S. dollar d. No change in the value of the U.S. dollar in the short-run. 2. Suppose a small country has perfect capital mobility and a fixed exchange rate. If the unemployment rate is below the natural rate of unemployment, then to stabilize the economy at potential output would require:
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

• 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.

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

• 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.

Dana University of Pennsylvania ‘17, Course Hero Intern

• 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.

Jill Tulane University ‘16, Course Hero Intern