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110年 - 110 國立政治大學_碩士班暨碩士在職專班招生考試_財政學系:經濟學#102061
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3.(20%)
(a) First, write out the expression/equation for the real exchange rate. Second, explain all factors that determine the real exchange rate. (5%)
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(a) Explain why the optimal amount of pollution is often not zero. (6%)
#428693
(b) At the competitive equilibrium quantity supplied equals quantity demanded in all markets. True or False? Why? (7%)
#428694
(c)Consider a society consisting of just a farmer and a tailor. The farmer has 10 units of food but no clothing. The tailor has 20 units of clothing but no food. Suppose each has the utility function U =F * C. The price of clothing is always $1. If the price of food is $3, does a competitive equilibrium exist? If not, what will happen to the price of food? (7%)
#428695
(a) Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms, A and B, and each has a cost function TC = 2 + q. Determine the Cournot equilibrium. (7%)
#428696
(b) Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms, A and B. Each has a cost function TC = 2 + Q. Determine the equilibrium quantities of each if firm A is the Stackelberg leader. (7%)
#428697
(c)Explain the role of advertising in monopolistic competition. Describe how advertising by all firms in a monopolistically competitive industry impacts a firm's ATC curve, its MC curve, its demand curve, and its MR curve.(6%)
#428698
(b)Explain the difference between gross domestic product and gross national product. (5%)
#428700
(c) Suppose the interest parity condition holds. Also assume that the one-year interest rate in the United States is 6% and that the one-year interest rate in Canada is 6%. What does this imply about the current versus future expected exchange rate (for the U.S. and Canadian dollars)? Explain. (5%)
#428701
(d)Suppose the one-year nominal interest rate is 2.0% in the United States and 5.0% in Canada. Should you hold Canadian bonds or U.S. bonds? Explain. (5%)
#428702
(c) Is both players standing firm Nash equilibrium? If not, explain how to derive the best strategy of each player. ______________What is the profit of each player?______________
#522712
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