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中山大学中级宏观经济学期末试题

中山大学中级宏观经济学期末试题

2007学年度第一学期2006年级中级宏观经济学试题A

1.(15 points) As we all know China is suffering from moderate inflation. The following is about the relevant basic concept.

1)(3 points) what’s the definition of inflation, and how to measure?

2)(4 points) what’s the definition of inflation tax, and how to measure?

3)(4 points) what’s the dynamic inconsistency, and how to solve it?

4)(4 points) please comment on the inflation in China, such as cause, solution and so on.

2.(15 points) Please consider the derivation of AD schedule.

1)(3 points) what’s the definition of AD curve?

2)(6 points) graphically derive the AD schedule when the monetary authority is targeting the money stock.

3)(6 points) graphically derive the AD schedule when the monetary authority is targeting the interest rate.

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