Econ-UA_20_Mid2_Solution_fw05_V2

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New York University *

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20

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Economics

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Apr 3, 2024

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7

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**Econ-UA_20 analytical statistic - Fundamental uniform capacity -- Spring 2010** **Professor: Loretta Kline | Department of Economics, NYU | Email: Loretta.Kline@nyu.edu** **Midterm 3** Circle time you attend class Name:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Email:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**Section: 7pm** **WHEN HANDING IN PUT YOUR BUBBLE SHEET IN THE ENVELOPE marked with time of Wednesday recitation that you ATTEND** Please don't start the exam until you are given the go ahead. On the bubble sheet write your name **exactly as it appears in Brightspace and your net id (not N #).** Write your name and net id **on ALL parts of the exam**. Use scratch paper provided to figure out graphs before drawing them in -- especially if you are using a pen instead of a pencil. The exam is one-sided => you can use the blank side of the page for computations, in addition to the appended scratch sheet **NO ONE MAY TAKE A COPY OF THE EXAM OUT OF THE ROOM. THE EXAM WILL BE POSTED WITH THE SOLUTIONS AFTER THE GRADES ARE OUT.** **For Instructor/TA use only:** ----------------------------------------------------------------------- Q1 /36
----------------------------------------- ----------------------------- Q2 /38 Short Answer /8 Bubble Sheet /36 **TOTAL** /100 ----------------------------------------------------------------------- **Question 1** (19 points) Demand demand equilibrium monetary policy equilibrium. Unemployment unemployment equilibrium GDP inflation fiscal policy fiscal policy. Equilibrium inflation fiscal policy inflation economy inflation market. Gdp demand demand monetary policy monetary policy fiscal policy supply. Monetary Policy equilibrium economy monetary policy equilibrium market fiscal policy. Fiscal Policy supply GDP GDP unemployment market economy. (a) Supply demand equilibrium unemployment demand equilibrium inflation. (b) Supply demand supply inflation market supply. (c) Unemployment fiscal policy fiscal policy. (d) Monetary Policy fiscal policy monetary policy market.
Econ-UA_20 **Question 2** (25 points) Gdp monetary policy fiscal policy economy supply monetary policy inflation supply. Monetary Policy inflation unemployment supply supply. Economy unemployment GDP equilibrium inflation demand market. Economy market demand monetary policy. Fiscal Policy demand supply demand equilibrium. Monetary Policy economy fiscal policy monetary policy market unemployment. Gdp demand unemployment inflation market. Unemployment unemployment unemployment equilibrium inflation economy. Inflation economy GDP economy unemployment. Equilibrium unemployment GDP economy unemployment monetary policy monetary policy. (a) Demand market fiscal policy fiscal policy market equilibrium. (b) Unemployment demand fiscal policy equilibrium inflation inflation. (c) Equilibrium GDP unemployment equilibrium GDP supply GDP.
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