ECON482 Final: ECON 482 UofA E482Final Exam 10
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You have 120 minutes to do this exam. The number in brackets next to each question indicates the maximum number of marks that can be earned on that question. There are 120 marks in total (one mark per minute). No notes or other material (including all types of electronic devices) may be consulted during the exam. W = p f"(n), y = c + i + g, Investment: where y = real output, r = real interest rate, g = real government spending, The endogenous variables are y, r, p, n, c, i and w. all other variables are exogenous. Find and sign the derivative that gives the impact of an increase in government spending (g) on the real interest rate (r). Find and sign the derivatives that give the impact of an increase in government spending (g) on consumption (c) and investment (i). (10) (5) Monetary policy: y t y t i t y t.
