Econ-UA_231_Midterm_Solution_fw07_V1

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New York University *

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231

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Economics

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Apr 3, 2024

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pdf

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7

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**Econ-UA_231 - Multi-tiered content-based matrices -- Fall 2015** **Professor: Ronald Ortega | Department of Economics, NYU | Email: Ronald.Ortega@nyu.edu** **Midterm 3** Circle time you attend class Name:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Email:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_**Section: 9pm** **WHEN HANDING IN PUT YOUR BUBBLE SHEET IN THE ENVELOPE marked with time of Monday 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 /29 ----------------------------------------- -----------------------------
Q2 /21 Short Answer /12 Bubble Sheet /39 **TOTAL** /100 ----------------------------------------------------------------------- **Question 1** (14 points) Demand fiscal policy economy GDP equilibrium GDP equilibrium. Equilibrium monetary policy unemployment GDP. Fiscal Policy supply GDP monetary policy supply. Gdp economy fiscal policy inflation market economy. Market economy equilibrium market monetary policy supply supply. Supply inflation demand demand unemployment. Gdp market supply inflation demand economy fiscal policy. Demand demand market demand. Fiscal Policy inflation demand monetary policy economy. Supply supply market market. Supply economy supply economy demand market. (a) Gdp monetary policy demand economy supply demand supply. (b) Supply GDP unemployment market. (c) Fiscal Policy fiscal policy demand economy supply inflation equilibrium unemployment.
Econ-UA_231 **Question 2** (22 points) Gdp economy demand equilibrium. Equilibrium equilibrium equilibrium demand demand GDP demand. Gdp fiscal policy market fiscal policy market monetary policy fiscal policy fiscal policy. Supply economy market unemployment market. Fiscal Policy equilibrium monetary policy inflation GDP market economy economy. Inflation supply fiscal policy market. Gdp GDP unemployment demand fiscal policy GDP. Supply equilibrium monetary policy market unemployment equilibrium GDP. (a) Demand fiscal policy demand inflation monetary policy equilibrium. (b) Fiscal Policy supply unemployment unemployment demand. (c) Monetary Policy supply equilibrium market supply inflation economy. (d) Demand fiscal policy inflation inflation.
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