Question and Answer (Final Examination of 2nd Semester)
Macroeconomics 2nd Semester
Question and Answer
*Because of our limit
human resources and knowledge, sorry for bad grammar. Tell us your correction.
1. What is the meaning of Inside lag and outside lag?
2. Which have a longer inside lag, fiscal policy or
monopoly policy?
3. Fiscal policy has a longer outside side. Is it true?
Explain your answer!
4. How government debt affect private saving, public
saving, and national saving? (depends on
Richardian and Traditional view)
5. Keynes consumption theory predict that APC tends to
decrease when income rises. Kuznets find that APC tends to constant for a long
time. This fact shows a consumption puzzle. How Franco Modigliani and Milton
Friedman explained that condition?
6. Explain the definition of Fanco Modigliani’s life
cycle hypothesis! What is the different between Modigliani’s and Keynesian’s?
7. Make a summary about the different between Real
business cycle theory and New Keynesian Economics view about business cycle!
8. Define these variable. Explain it’s effect to money
supply
a)
Monetary base
b)
Reserve-deposit
ratio
c)
Currency-deposit
ratio
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