Name: ____________________________ SID : ____________________________ GSI: ____________________________ Econ 100B Macroeconomic Analysis Professor Steven Wood Spring 2010 Exam #1 ANSWERS Please sign the following oath: The answers on this test are entirely my own work. I neither gave nor received any aid while taking this test. I will not discuss the questions on this test until after 5:00 p.m. on February 23‚ 2010. ______________________ Signature Any test turned in without a signature
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The United Kingdom Programme Name Subject requirement Minumum grade suggested Bachelor of Psychology and behavioral science No specific subject but prefer Bio HL/ Math HL IB Score : 40 ‚ 776 in HLs Bachelor of Economics Must: Math HL Prefer: Econ HL/ Business & management HL IB Score : 40 ‚ 776 in HLs Bachelor of architecture No specific requirement Prefer: Math SL or Physics SL IB Score : 40 ‚ 776 in HLs Bachelor
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If the Fed is following a flat monetary policy rule‚ it will Answer aggressively increase inflation if the interest rate exceeds the target interest rate. aggressively increase interest rates if the inflation rate exceeds the target inflation rate. only slightly increase inflation if the interest rate exceeds the target interest rate. only slightly increase interest rates if the inflation rate exceeds the target inflation rate. During the Christmas shopping season the demand
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Intro: Thaler and Sunstein provide a framework for decision making that can be applied and used across the board for health‚ wealth‚ and happiness‚ as well as other facets of life. They introduce behavioral economics to explain how decisions can be influenced so that a specific outcome is chosen. To lay the foundation for the decision making stage‚ Thaler and Sunstein establish the significance of a choice architect. A choice architect has the responsibility for organizing the context in which people
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2012-2013 PAWNSHOPS AND BEHAVIORAL ECONOMICS 193 PAWNSHOPS‚ BEHAVIORAL ECONOMICS‚ AND SELF-REGULATION SUSAN PAYNE CARTER* AND PAIGE MARTA SKIBA** I. Introduction Pawnbroking is the oldest source of credit.1 There is growing public interest in day-to-day pawnbroking operations‚ as evidenced by the popularity of reality shows such as “Pawn Stars” and “Hardcore Pawn.”2 Television viewers’ curiosity about an old credit institution may be due to the fact that 7% of all U.S. households have
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ECON 140 Section 13‚ November 28‚ 2013 ECON 140 - Section 13 1 The IV Estimator with a Single Regressor and a Single Instrument 1.1 The IV Model and Assumptions Consider the univariate linear regression framework: Yi = β0 + β1 Xi + ui Until now‚ it was assumed that E (ui |Xi ) = 0‚ i.e. conditional mean independence. Let’s relax this assumption and allow the covariance between Xi and ui to be dierent from zero. Our problem here is that ui is not observed. Doing OLS
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AP/ITEC 3220 3.00 or SC/CSE 3421 3.00; · AP/ITEC 4010 3.00; · AP/ITEC 4030 3.00; · AP/ITEC 4040 3.00; · SC/MATH 1190 3.00. Six credits as follows: · AP/ADMS 2320 3.00 and AP/ADMS 3330 3.00; or SC/MATH 2320 3.00 and SC/MATH 2565 3.00; or AP/ECON 2500 3.00 and AP/ECON 3480 3.00; Nine additional credits in ITEC or ADMS from: · AP/ADMS 2200 3.00; · AP/ADMS 2400 3.00; · AP/HRM 2600 3.00;( Crosslisted to AP/ADMS 2600 3.00) · AP/ITEC 2620 3.00; · AP/ITEC 3020 3.00; · AP/ITEC 3230 3.00; · AP/ITEC 3500 3
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ECON 2123: Macroeconomics Problem Set 2 Instructor: Yao Li Problem Set 2 Macroeconomics‚ ECON 2123 (Instructor: Yao LI; TA: Astor FOK) -----------------------------------------------------------------------------------------------------------------------------------[Pay attention to the deadline announced via LMES system] 100 marks total Part I: Multiple Choice Questions. Choose the best answer. (10 marks‚ 2 marks each) 1. The money demand curve will shift to the left when which of the following
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ECON 339‚ September 2013 Assignment 1 Economics 339 (A01) 2013 Assignment 1 L. Welling September 18‚ 2013 Due: September 30‚ 2013 Total value: 25 marks Notes: 1. Assignment is due by 4:30 pm on September 30. It can be handed in be in class before then‚ or dropped into the assignment box for 339 by that time. Students are encouraged to work together on assignments‚ but must write up answers individually. 2. Please use at least one-half page for any diagram required. Marks will be
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facing the costs of abatement represented by the area underneath the marginal abatement cost curve represented by area (B + C + D) in the diagram below. Figure 1: Marginal Costs and Marginal Benefits of Reducing Carbon Emissions [pic] Source: Econ 101: Carbon Tax vs. Cap-and-Trade‚ 2012‚ n.pag. Suppose that policy analysts have determined that the economically efficient level of pollution abatement occurs at the
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