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20 If a large amount of “hot money” flows into Taiwan, what change will occur in the country’s balance of payments? (A) The current account balance decreases. (B) The current account balance increases. (C) The financial account balance decreases. (D) The financial account balance increases.

19 Which of the following policies is most consistent with the predictions of the Gravity Model of trade? (A) Encouraging domestic firms to increase research and development spending in order to reduce average production costs. (B) Reducing cross-border transportation and transaction costs through regional economic integration. (C) Requiring all firms to export goods while prohibiting them from importing products in the same category. (D) Dividing the domestic market into more administrative regions in order to increase product variety.

18 An international concert promoter receives US$1 million in ticket revenue from overseas and needs to convert the funds into British pounds to pay venue rental fees. The finance manager observes the following three spot exchange rates: US$1 = €0.8 €1 = £0.7 US$1 = £0.5 Assume that transactions can be conducted simultaneously in all three markets and that there are no transaction costs, bid–ask spreads, or quantity restrictions. Which of the following is correct? (A) There is no arbitrage opportunity. (B) The arbitrage profit is US$120,000. (C) The arbitrage profit is £50,000. (D) Whether a triangular arbitrage opportunity exists is not related to the British pound exchange rate.

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3 俗稱「電線走火」之火災起因,下列敘述何者錯誤? (A)延長線過負載 (B)電暖器發熱部位引燃附近可燃物 (C)電風扇電線半斷線 (D)冰箱插頭積污導電

13.有關刑法適用之敘述,下列何者錯誤? (A)除法令另有規定外,行為後法律有變更者,適用最新之法律 (B)犯罪之行為或結果,有一在中華民國領域內者,為在中華民國領域內犯罪 (C)在中華民國領域外之中華民國船艦或航空器內犯罪者,以在中華民國領域內犯罪論 (D)在中華民國領域外犯內亂罪,亦適用我國刑法

16 考慮兩個相似的經濟體,一個具有高的邊際消費傾向(marginal propensity to consume, MPC)而 一個具有低的 MPC。如果每個經濟體的貨幣供給增加相同的數量,具有高 MPC 的經濟體將會: (A)產出增加較多,利率下降較少 (B)產出增加較少,利率下降較少 (C)產出增加較多,利率下降較多 (D)產出增加較少,利率下降較多

17 在封閉的經濟體系下,實質貨幣需求函數為 Md/p=500+0.1Y-10,000i,Y 為產出水準,i 為名目利 率,名目貨幣供給量為 Ms=1,200 且物價水準為 P=1.5,預期通貨膨脹率 πe 為 0.02,當均衡的產 出水準為 10,000 時,使貨幣市場結清之實質利率為何? (A) 0.07 (B) 0.05 (C) 0.03 (D) 0.01

2 電線走火之起因,下列敘述何者錯誤? (A)電暖器發熱部位引燃附近可燃物 (B)冰箱插頭積污導電 (C)電線半斷線 (D)延長線過負載

21 下列何者為行政處分之附款? (A)甲向主管機關申請發給新臺幣 8,000 元津貼,經核准發給新臺幣 5,000 元 (B)乙報考普通駕駛執照,經核發之駕駛執照有效期間至年滿 75 歲止 (C)丙申請核發營業許可,經核發之營業許可加註「不得經營登記範圍以外業務」之文字 (D)外國人丁申請臨時入國許可,發給之臨時停留許可載明停留期間為 3 個月