ECON482 Midterm: ECON 482 UofA E482B1A112

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31 Jan 2019
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This assignment will be marked out of 280. The maximum number of marks that can be earned on a question is given in brackets next to the question. Your answers should be concise and to the point. Assignments can be handed in directly to me or placed in the labeled locked box in tory 8-14 during regular business hours on 17 february. W = p a fn(n,k), y = c(y) + i(r) + g, Investment: where y = real output, r = real interest rate, g = real government spending, Find and sign the derivative that gives the impact of a change in on the aggregate supply curve. Find and sign the derivative that gives the impact of the change in on the equilibrium level of output. Find and sign the derivative that gives the impact of the change in on the equilibrium level of consumption.

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