Intermediate Macroeconomics
Spring 2011
Problem Set 3
Due on April 13th
1.
2nd edition textbook, Chapter 8, Problem 1.
Problem 1)
(OR 3rd edition textbook, Chapter 8,
Given Information: y = 100, y = 1
INTERMEDIATE
MACROECONOMICS
Homework #2
Suppose that the government imposes a producer tax. That is, the
firm pays t units of consumption goods to the government for each
unit of output it produces. D
Problem set 6
Due on June 9
1. The 2nd edition textbook, Chapter 13, Problem 6. (OR the 3rd edition textbook,
Chapter 13, Problem 6.)
(a.) If Ricardian equivalence holds, then the level of lump-sum ta
Intermediate Macroeconomics
Spring 2011
Problem Set 4
As exercise
1. 2nd edition textbook, Chapter 9, Problem 2. (3rd edition, Chapter 9, Problem 2)
(a) The production function is depicted as the figu
Intermediate Macroeconomics
Spring 2011
Problem Set 1
Due on March 16
1. Prove the following statements are true.
1) The percentage change of a product of two variables is approximately the sum of the