set5154a

set5154a - June, the last month of the third quarter is...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Econ 154b Yale University Spring 2005 Prof. Tony Smith HOMEWORK #5 This homework assignment is due at the beginning of lecture on Wednesday, March 23. 1. Do problem #1 in the section “Working with Macroeconomic Data” on p. 306 in Chap- ter 8 of the textbook. Monthly data on the civilian unemployment rate is available here: http://research.stlouisfed.org/fred2/data/UNRATE.txt . When answer- ing the questions, use data from the beginning of 1948 to the end of 2004. Note that the last month of the first quarter is March, the last month of the second quarter is
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: June, the last month of the third quarter is September, and the last month of the fourth quarter is December. 2. Do numerical problem #5 on p. 346 in Chapter 9 of the textbook. 3. Do analytical problem #1 on p. 346 in Chapter 9 of the textbook. For each of the cases, show not only how the IS and LM curves shift but also how the AD and AS curves shift in response to the various shocks. 4. Do numerical problem #6 on p. 388 in Chapter 10 of the textbook....
View Full Document

Ask a homework question - tutors are online