HW #4
EC0 3101. U03
Intermediate Micro
Due at the start of class Wenesday, 3/5/2014.
1. Suppose a rm faces a wage rate of 10 and a capital rental rate of 4. In the following
three situations, how much of each input should this rm hire in order to minimize
HW #3
EC0 3101. U03
Intermediate Micro
Due at the end of class Wenesday, 2/12/2014.
1. Marys utility function is U (b, c) = b + 100c c2 , where b is the number of silver bells
in her garden and c is the number of cockle shells. She has 500 square feet in
PRACTICE EXAM 1 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Every financial market has the following characteristic:
A) It allows loans to be made. B) It channels funds from lenders-savers to b
Final Practice Problems
Sample Multiple Choice Problems
Bank Regulation
1. AlthoughtheNationalBankActof1863wasdesignedtoeliminatestate-charteredbanks
byimposingaprohibitivetaxonbanknotes,thesebankshavebeenabletostayin
businessby
A)issuingcreditcards.
B)ig
ECO 3101
Spring 2014
Exam 2
3/25/2014
Name (Print):
Panther ID
Read the following carefully:
This exam contains 9 pages (front/back, including this cover page and scratch paper) and 3 problems. Check to see if any pages are missing. Enter all requested in
Homework 7
EC0 3101. U03
Intermediate Micro
Last problem set of the semester!
0. Consider markets where both demand and supply are linear:
QD (P ) = a b P
QS (P ) = d P
where a, b, d > 0. Later, a tax is levied that requires the seller to pay an amount fo
HW #2
EC0 3101. U03
Intermediate Micro
Due at the end of class Wenesday, 1/29/2014.
1. Suppose you have $30 to spend on coee and beer. Your favorite beer, Schraderbrau,
costs $1.25 per can while coee costs $2.25 per cup.
(a) If you buy only beer, how many
ECO 3101
Spring 2014
Exam 1 Solutions
2/10/2014
Name (Print):
Panther ID
This exam contains 5 pages (including this cover page and scratch paper) and 5 problems. Check
to see if any pages are missing. Enter all requested information on the top of this pag
HW #1
EC0 3101. U03
Intermediate Micro
Due at the end of class Monday, 1/13/2014.
1. Suppose that x = 3y + 2 and y = 1 x.
(a) Show both functions on a single well-behaved graph, with x on the x-axis and y on
the y-axis.
(b) Solve for the values of x and y
MULTIPLE CHOICE QUESTIONS
1.
_
_
_
_
The organization responsible for conducting monetary policy in the United States is the
a.
Comptroller of the Currency.
b.
Federal Reserve System.
c.
U.S. Treasury.
d.
Bureau of Monetary Affairs.
2.
_
_
_
_
Federal fun