econ
nzhou1025
midterm_02_intermediate_macro2017-07-23-23-22-56.docxINTERMEDIATE MACROECONOMICS (ECON 022)
MIDTERM EXAMINATION-02
NAME:
NOTE: ATTEMPT ALL QUESTIONS. ALL QUESTIONS CARRY EQUAL MARKS
Question 01(a) :
Each month, 1% of employed workers lose their jobs and 19% of unemployed workers find jobs. Find the natural rate of unemployment?
Question 01(b) :
Calculate the Consumer Price Index and the Inflation Rate?
Base Year is 2002, Basket of goods in 2002 costs $1,200 and the same basket in 2004 costs $1,236.
Question 02:
What is role of policies in economic growth? How China kept the momentum of economic growth through effectively implementing Policies and reforms. (Note: Explain with the reference to the Case Study discussed in the Class)
Question 03:
Explain the (3 ways) of trade restriction, a government can follow in order to control /minimize the Imports.
Question 04: Explain the Following Concept (s):
a.) Financial Markets ( Bond Market, Stock Market)
b.) Financial Intermediaries (Banks, Mutual Funds, Other Financial Institutions)
