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• There are 9 problems in this test. Note that you should write down detailed steps for the solution t
• 10. The Phillips curve is a negative empirical relationship between(A) bond prices and interest rate
• 11. The real exchange rate is(A) the price of one currency in terms of another.(B) the price of dome
• 12. To reduce moral hazard, a firm may(A) pay workers at a piece rate.(B) offer a year-end bonus if
• 13. Adverse selection can occur when(A) all persons involved in a transaction have full information.
• 14. If you sell your DVD player on eBay, you will be better informed about thequality of the product
• 15. If a production process creates pollution, a competitive market producesexcessive pollution beca
• 16. On any given day, a salesman can earn $0 with a 30% probability, $100 with a20% probability, or
• 17. In a perfectly competitive resource market, the labor supply curve facing the(A) vertical.(B) ho
• 18. If the labor market is competitive, a monopoly output market will result in(A) a lower wage than
• 19. Monopolistic competition and monopoly have all of the following in commonEXCEPT(A) P ＞ MC.(B) Fi
• 20. The organization of petroleum exporting countries (OPEC)is an example ofa(n)(A) oil monopoly.(B)
• 21. The Stackelberg model is more appropriate than the Cournot model insituations where(A) there are
• 22. Why do firms engage in price discrimination?(A) to decrease cost(B) to increase profits(C)to inc
• 23. A horizontal demand curve for a firm implies that(A) the firm is a monopoly.(B) the market the f
• 24. What is the unemployment rate if there are 150 million people employed, 25million people unemplo
• 25. Homer's Donut Shoppe has the production function q = 10L + 20L2 - 5L3.The marginal product
• 26. Homer's Donut Shoppe has the production function q = 10L +20L2 - 5L3. Theaverage product of
• 27. If the price index was 100 in 2000 and 120 in 2010, and nominal GDP was$360 billion in 2000 and
• 28. If the nominal exchange rate rises 5%, domestic inflation is 2%, and foreigninflation is 3%, wha
• 29. Suppose the total cost of producing T-shirts can be represented as TC = 50 +2q. The average cost
• 30. When a firm produces 1000 widgets with total cost of $2000 and fixed cost ofS1000, what is the a
• 38.Which of the following is NOT considered a kind of NoSQL databases?(A) Graph database(B) Document
• 39. Which of the following is the postfix expression of math representation A * B / C + D - E?(A)AB*
• 【題組】b. 如果形成一投資組合，其中 A 股票佔 30%及 B 股票佔 70%，試問該投資組合一年後的預期報酬率為多少？