14. When Toyota expands its production capacity in the United States, the United States will experience
(A) an increase in GDP and a decrease in GNP.
(B) an increase in GNP and a decrease in GDP.
(C) an increase in both GDP and GNP, with GDP increasing more than GNP.
(D) an increase in both GDP and GNP, with GNP increasing more than GDP.

15. In a closed economy, GDP is $1,000, government purchases are $200, taxes are $150, and investment is $150. Private saving is (A) $100. (B) $200. (C) $300. (D) $400.

16. If you believe that stock prices follow a random walk, then (A) You agree with the efficient markets hypothesis. (B) You believe that the stock market is irrational. (C) You would spend time studying individual stocks. (D) All of the above.

17. Which of the following events would decrease both the unemployment rate and the laborforce participation rate? (A) Laura finally finds a job after a long search. (B) Lisa finds a job immediately after graduating from college. (C) Alice searches for a long time and eventually gives up job search. (D) Tom quits his job to become a fulltime stayathome father.

18. The news often states that the Federal Reserve raises or lowers interest rates, referring to changes in the federal funds rate. The federal funds rate is (A) The interest rate banks charge households and firms on loans. (B) The interest rate at which banks borrow directly from the Federal Reserve. (C) The interest rate on overnight loans of bank reserves between banks. (D) None of the above.

19. Which of the following policies would increase the money supply? (A) The Federal Reserve raises the target federal funds rate. (B) The Federal Reserve raises the interest rate paid on bank reserves. (C) The Federal Reserve conducts an openmarket sale of bonds. (D) The Federal Reserve lowers reserve requirements for banks.

20. Suppose that a Big Mac costs $3 in the United States and NT$120 in Taiwan, and the exchange rate is NT$30 per U.S. dollar. According to purchasing power parity (PPP), (A) The U.S. dollar will depreciate against the New Taiwan dollar. (B) The U.S. dollar will appreciate against the New Taiwan dollar. (C) The exchange rate will remain unchanged. (D) Any of the above is possible.

21. An economist observes that a $10 billion increase in government spending raises aggregate demand by $30 billion. Initially, the economist ignores the crowdingout effect and estimates the marginal propensity to consume (MPC) as 2/3. After taking crowding out into account, the recalculated MPC will be (A) Larger. (B) Smaller. (C) The same. (D) Cannot be determined.

22. Which of the following causes movement along a shortrun Phillips curve? (A) Technological progress. (B) An increase in the minimum wage. (C) An increase in the money supply. (D) An oil crisis.

23. Which of the following statements is correct? (A) The costs of reducing inflation are permanent, while the benefits are temporary. (B) The costs of increasing inflation are permanent, and the benefits are also permanent. (C) The costs of reducing inflation are temporary, while the benefits are permanent. (D) The costs of increasing inflation are temporary, while the benefits are permanent.

24. When a country experiences a large capital inflow, ceteris paribus, (A) Both the equilibrium real interest rate and the equilibrium real exchange rate rise, and net exports increase. (B) Both the equilibrium real interest rate and the equilibrium real exchange rate fall, and net exports decrease. (C) The equilibrium real interest rate rises, the equilibrium real exchange rate falls, and net exports increase. (D) The equilibrium real interest rate falls, the equilibrium real exchange rate rises, and net exports decrease.

115年 - [無官方正解]115 國立臺北大學_日間學士班轉學生招生考試試題_不動產與城鄉環境學系日間學士班2年級 經濟學系日間學士班2、3年級：經濟學#147641

115年 - [無官方正解]115 國立臺北大學_日間學士班轉學生招生考試試題_會計學系日間學士班2、3年級：經濟學#147578

115年 - 115 國立臺北大學_碩士班一般入學考試試題_國際企業研究所：經濟學#147103

115年 - 115 國立臺北大學_碩士班一般入學考試試題_金融與合作經營學系：經濟學#146932

115年 - 115 國立臺北大學_碩士班一般入學考試試題_自然資源與環境管理研究所：經濟學#146790

115年 - 115 國立臺北大學_碩士班一般入學考試試題_財政學系：經濟學#146671

115年 - [無官方正解]115 國立嘉義大學_碩士班招生考試試題_財務金融學系：經濟學#143920

114年 - 114 國立臺北大學_碩士班一般入學考試試題_國際企業研究所：經濟學#147269

114年 - 114 國立臺北大學_碩士班一般入學考試試題_財政學系：經濟學#147055

114年 - 114 國立臺北大學_碩士班一般入學考試試題_金融與合作經營學系：經濟學#147049