c)物價膨涨税(inflation tax) (2%)

b)計算均衡所得、利率舆消费水準。（5°/»)

c)試用圖形分析政府支出増加時對均衡所得與均衡利率的影響•（5%)

a)節儉的矛盾(paradox of thrift) (2%)

b)供給面經濟學(supply-side economics) (2%)

d)盧卡斯的批判(Lucas’ crhigue) (2%)

e) potential GDP (2%)

【已刪除】1、(15%)According to the Solow growth model, assuming the economy has the per-worker production function  where y, is output per worker, and kt is the capital output ratio. The depreciation rate is 0.1 and the population growth rate is 0.05. Saving  where S1 is total national saving and Yt is the total output. What are the steady state values of the capital-labor ratio, output per worker, and consumption per worker?

【已刪除】2、(35%)Tlie production function in an economy iswhere Y is the real ouput, A is productivity and N is the labor input. With this production function, the marginal product of labor is  Suppose A-2. The labor supply curve is  where Ns is the amount labor supplied, w is the real wage. Desired consumption and investment are  Taxes and government purchases are Money demand is The expected rate of inflation,  is 0.02, and nominal money supply M is 9150. Now what are the general equilibrium values of real wage( w), employment (N), output(K), real interest rate( r), consumption(C), investment (I), and price level(P)？

5、(10%)What will be effectiveness of monetary policy differ according to whether or not there are flexible exchange rates?

6、(10%)What is Baumol inventory demand for money model? Under this model, what are the determinants of demand for money?