4. Using the Mundell-Fleming model to analyze how protectionism would affect Taiwan’s output, net export, and the exchange rate in the short run and long run.

22. In a small open economy with a floating exchange rate, if the government adopts an expansionary fiscal policy, in the new short-run equilibrium: (A) income and the exchange rate will both rise. (B) the exchange rate will rise, but income will remain unchanged. (C)income will rise, but the exchange rate will remain unchanged. (D) both income and the interest rate will rise. (continue to the next page)

(1) What price would this new drink sell for it sold in a competitive market?

(2) What is the monopoly price of this new drink?

(3) What price would this new drink in the long run if the industry is a Cournot duopoly?

(4) What price would this new drink in the long run if the industry is a Bertrand duopoly?

(1) Draw a supply-and-demand diagram of the market for the good market with subsidize.

(2) Analyze the impact of wheat export subsidies on the country's welfare. Is it a good policy?

(1) Suppose the central bank’s policy is to adjust the money supple to maintain the interest rate at 4%, so r=4. Solve for GDP.

(2) How does GDP compare to the full-employment level? Is there a gap?

(3) Holding everything else unchanged, what change in government purchases would restore full employment?

113年 - 113 國立成功大學_碩士班招生考試_交通管理研究所：經濟學#122751

113年 - 113 國立台灣大學_碩士班招生考試試題_土木工程研究所交通組：經濟學(C)(含工程經濟)#119247

112年 - 112 國立成功大學_碩士班招生考試試題_電信管理科學系：經濟學#119853

112年 - 112 國立成功大學_碩士班招生考試試題_交通管理科學系：經濟學#119711

112年 - 112 國立台灣大學_碩士班招生考試試題：經濟學(C)#119248

111年 - 111 國立臺灣大學_碩士班招生考試試題：經濟學 (C)#120838

110年 - 110 國立成功大學_碩士班招生考試試題_交通管理科學系、電信管理研究所：經濟學#121619

110年 - 110 國立臺灣大學_碩士班招生考試_國家發展研究所甲組:經濟學(B)#112010

110年 - 110 國立政治大學_碩士班招生考試_金融、財務管理:經濟學#110753

110年 - 110 國立中央大學_碩士班招生考試_企業管理學系/工商管理甲、乙組(一般生):經濟學#110460