103年 - 103 國立嘉義大學_碩士班招生考試試題_應用經濟學系：經濟學#146638

1. Please describe the features of four kinds of market structure,perfect competition, monopoly, oligopoly and monopolisticcompetition. (30 分)

2. The demand and supply functions of two-commodity marketmodel are as follows:
Q_d1=18-3P₁+P₂; Q_d2=12+P₁-2P₂;
Q_s1=-2+4P₁; Qs₂=-2+3P₁,
where Qdi is the demand for commodity i, Q_si is the supply forcommodity i, Pi is the price for commodity i. Please find thegeneral equilibrium price and output and for i=1 and 2. (20 分)

(a) Nominal GDP in 2012 is ______ and that in 2013 is ______.

(b) Real GDP in 2012 and 2013 (in base-year prices) are ______ and ______.

(c) The GDP deflator in 2013 is ______.

(d) The consumer price index for 2013 is ______ ( using the base-year quantities as weights).

(e) Which price index rises faster, the GDP deflator index orthe consumer price index? ______.

(a) axes;

(b) curves;

(c) initial steady-statelevels;

(d) terminal steady-state levels; and

(e) thedirection the curves shift.

5. In order to stabilize the Japanese economy, the central bankdecides to adapt the expansionary monetary policy by reducingthe reserve requirements. Use a model of a large open economywith a flexible exchange rate to predict the impact of policy onJapan. Its imports will ______ , its exports will ______, and its net exports will ______ . The exchange rate will ______ , and the interest rate will ______.(每格 3 分，共 15 分)