e) potential GDP (2%)

a)節儉的矛盾(paradox of thrift) (2%)

b)供給面經濟學(supply-side economics) (2%)

c)物價膨涨税(inflation tax) (2%)

d)盧卡斯的批判(Lucas’ crhigue) (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?

一、獨立地投掷一公正的硬幣3次’觀測其出現正反面的情形。  (1)試寫出其樣本空間（sample space)。（5分）

（a) X之機率密度函數（pdf)。 （5分）