table of fixed exchange rate system was given and we are required to tell the changes in output, net exports, and nominal interest rate whether increase, decrease or unchanged under fiscal and monetary expansion. 5 marks ( lec 31 p; 101)
diff b/w endogenous variables and exogenous variables with example 5 marks
in what sense the model of residential investment is similar to the model of business fixed investment ? 5 marks
there was a COBB douglas function and we are required to tell the marginal product of capital and important steps involved in the function 5 marks
compare sticky wage model, imperfect information model, and sticky price model in terms of their similarities 3 marks
explain the basic theme of classical dichotomy and money neutrality 3 marks
data was given and we are required to find out (a) total consumption, autonomous consumption (b) what is marginal propensity to consume? 3 marks
Tobin's q and neoclassical model of investment are closely related. how ? 3 marks