Đề thi kết thúc học phần môn Kinh tế vĩ mô | Trường Đại học Tài chính - Marketing

TRƯỜNG ĐẠI HỌC TÀI CHÍNH – MARKETING KHOA KINH TẾ - LUẬT
ĐỀ THI KẾT THÚC HỌC PHẦN MÃ ĐỀ/ĐỀ SỐ 01
Môn thi: PRINCIPLES OF MACROECONOMICS
Lớp học phần: 2411910004701 - 04
Ngày giao bài: 08:30 giờ sáng ngày 16/4/2024
Ngày nộp bài: 11:30 giờ trưa ngày 19/4/2024
Hình thức: Tiểu luận cá nhân
Được sử dụng tài liệu
Students have to answer ALL questions below. Question 1 (2 marks).
Consider the fol owing data on a country’s GDP: Year
Nominal GDP (billions) GDP Deflator (base year: 2009) 2022 $4,725 110 2023 $5,098 112
a. What was the growth rate of nominal GDP between 2022 and 2023? What
was the growth rate of GDP deflator between 2022 and 2023?
b. What was real GDP in 2022? What was real GDP in 2023?
c. What was the growth rate of real GDP between 2022 and 2023? Was the
growth rate of nominal GDP higher or lower than the growth rate of real GDP? Explain. Question 2 (1 mark).
The Bureau of Labor Statistics announced that in December 2023, of al adults in Super
Star country, 51.547.126 were employed, 2.021.783 were unemployed, and 9.289.576
were not in the labor force. How big was the labor force? What was the labor-force
participation rate? What was the unemployment rate? Question 3 (2 marks).
Calculate the consumer price index and the rate of inflation if given a fixed basket of
goods of 4 pizzas and 3 cokes by taking the year 2020 as the base year. Year Price($) Pizzas Cokes/pin 2020 $8 $1 2021 $10 $1.2 2022 $11 $1.5 Question 4 (5 marks). 1
In Vietnam: Gross domestic product (GDP) in 2023 achieved impressive growth,
increased by 5,05%, raising the scale of the economy gets 430 bil ion USD. The
unemployment rate in 2023 was 2.28%, decreased of 0.06 percentage points compared
to last year, of which, the urban area is 2.75%; the rural area is 2.01%. In 2023, the
average consumer price index (CPI) increases by 3.25%, average core inflation increases
by 4.16% compared to 2022, higher than the general average CPI increase. In your opinion: a)
Should the Government implement expansionary or contractionary fiscal and
monetary policies to stabilize the economy or combine both of policies? Why should the Government do that? b)
If the Government wants to implement the policy of increasing the budget deficit,
how can it be done? If the Central Bank wants to implement an expansionary monetary
policy, how tools can it use? Analyze the impact of each policies AD, interest rate? c)
Suppose that the Government runs budget deficit. Please analyze the impact of
the policy on national saving, real interest rate, private investment, net capital outflow
(NCO), real exchange rate, trade balance, aggregate supply, aggregate demand, the
equilibrium price level and output. Use the diagram system (including the graphs of
loanable funds market, NCO and foreign exchange rate market) and AS – AD model to il ustrate your analysis. d)
Suppose that the Central Bank implements expansionary monetary. Please
analyze the impact of the monetary policy on money supply, real interest rate, private
investment, net capital outflow (NCO), domestic currency, real exchange rate, trade
balance, aggregate supply, aggregate demand, the equilibrium price level and output.
Use the diagram system and AS – AD model to il ustrate your analysis.
(There are total 4 questions in two pages) --- GOOD LUCK TO YOU!--- Bộ môn duyệt (ký và ghi rõ họ tên) ___________________________ 2