10. Which of the following statem ments are true?
(A) The firm's profit is concave in the vector λ
(B) The firm's profit is convex in the vector  λ  
(C)The firm's profit is both concave and convex in the vector  λ  
(D)The firm's profit is neither concave nor convex in the vector λ 

1. When a nation's current account deficit exceeds its financial account surplus, the overaIl_______ that the nation's central bank is_______foreign central banks. (A)surplus, lending to (B)surplus, borrowing from (C)deficit, lending to (D)deficit, borrowing from

2. Which of the following is NOT consistent with the events leading up to the 2007-2009 financial crisis. (A) Increasing Leverage (B)Increasing House Price (C)Decreasing Equity (D)Increasing Debt

3. Which of the following event increases natural rate of unemployment? (A) Decrease in Government Spending (B)Increase in Real Money Supply (C)Formation of a Business Cartel (D)Weakening of Labor Union

4. Countries A and B are identical in all aspect, except that A is an open economy while B is a closed economy. The government in both countries decide to increase spending. Assumne that prices are fixed.How does the resulting change in GDP differs. (A) GDP increases in B but decreases in A (B)GDP increases in both countries, but more so in A (C)GDP increases in both countries, but more so in B (D)GDP increases in both countries, by the same amount

5. Which of the following would result in a real appreciation of the United States Dollar with respect to the New Taiwan Dollar? (A) Increase in US Doliar per New Taiwan Dollar nominal exchange rate (B)Increase in Price Index of Taiwan (C)Increase in Price Index of United States (D)None of the Above in the "balance of payments outcome" means

6. If the central bank pursues to maintain income constant, an expansionary fiscal policy must be accompanied by _______ monetary policy, and the central bank must allow interest rate to _______significantly. (A) an expansionary, rise (B)an expansionary, fall (C)a contractionary, rise (D)a contractionary, fall

7. Country A is a small open economy. An external shock led to the immediate appreciation of its currency with respect to the United States Dollar. Investor's expectati tions are not affected.What happens to interest rate in Country A. (A) Increase (B)Decrease (C)Unchanged (D)Uncertain

8. Which of the following would contribute towards an increase in debt/output ratio, all other things equal. Assume that nominal interest rate is fixed and there is no Seigniorage. l(A) Slower Inflation (B)Faster Real Output Growth (C)Decreased Government Spending (D)None of the Above

9. Which of the following statements are true? (A) The firm's profit is concave in the vector w (B)The firm's profit is convex in the vector w (C)The firm's profit is both concave and convex in the vector w (D)The firm's profit is neither concave nor convex in the vector w

110年 - 110 國立臺灣大學_碩士班招生考試_財務金融研究所乙、丙組:經濟學原理#111299