111年 - [無官方正解]111 國立臺北大學_日間學士班轉學生招生考試試題_會計學系日間學士班2年級：經濟學#147629

科目：研究所、轉學考(插大)-經濟學 | 年份：111年 | 選擇題數：25 | 申論題數：0

試卷資訊

所屬科目：研究所、轉學考(插大)-經濟學

選擇題 (25)

1. If peanut butter and jelly are complements, then their cross elasticity of demand must be ______

(A) a number between zero and one.
(B) a negative number.
(C) infinitely high.
(D) a positive number that might be greater than 1.
2.The above figure illustrates the marginal social benefit and marginal social cost for chicken sandwiches. If the quantity is decreased from 6 to 3 and the price increases from $3 to $4, consumer surplus will decrease by ______

(A) $1.50. (B) $3.00. (C) $2.00. (D) $4.50.
3.The above table gives Sue's marginal utility schedules for sub sandwiches and Mountain Dew, the only products Sue consumes. Suppose the price of a sub sandwich is $4 each and the price of a Mountain Dew is $2 each. Sue's income is $12. If Sue is at a consumer equilibrium, she eats ______ sub sandwich(es) and drinks ______ Mountain Dews.

(A) 1; 4 (B) 3; 0 (C) 0; 6 (D) 2; 2
4.The table above lists the market shares of the twenty makers of personal computers. The HerfindahlHirschman Index for this industry equals ______(A) 5. (B) 1250. (C) 500. (D) 250.
5.Use the data in the table above and suppose that labor is the only variable factor of production. If each worker is paid $42.00 per day, what is the average variable cost to Decent Donuts of producing 122 dozen donuts per day ?

(A) $2.16 (B) $3.06 (C) $2.41 (D) $1.91
6.In the above figure, Reggie's budget line rotates outward from $BL_1$ to $BL_2$. He initially consumes at point $A$. If his new consumption bundle is at point $C$, this implies that his demand curve for kiwi fruit ______.

(A) slopes downward. (B) is a horizontal line. (C) is a vertical line. (D) has shifted.
7.The above figure shows the cost curves for a perfectly competitive firm. If all firms in the market have the same cost curves and the price equals $16 per unit ______.

(A) the market is in its longrun equilibrium.

(B) over time, the price will fall as new firms enter the market.

(C) the firm is making zero economic profit.

(D) over time, firms will leave this market.
8.Which area in the above figure equals the producer surplus under perfect price discrimination?

(A) $C + D + E + F + G + H$
(B) $A + B + C + D + E + F + G + H + I + J + K$
(C) $A + B + C + D + E + F + G + H$
(D) $A + B + C + D + E + F + G + H + I + J + K + L$
9. When firms in monopolistic competition incur an economic loss, some firms will ______

(A) enter the industry, and demand will become more elastic for the original firms.
(B) enter the industry and produce more products.
(C) exit the industry, and demand will decrease for the firms that remain.
(D) exit the industry, and demand will increase for the firms that remain.
10.Two students are assigned a group project. Each has the option to work or not work to achieve a high grade. The payoffs are shown in the above table. Student 1 should ______

(A) not work regardless of what student 2 decides.
(B) not work if student 2 works.
(C) work regardless of the decision made by student 2.
(D) work only if student 2 works.
11.The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city. If the marginal external cost is $10 per ton at every quantity of steel produced, the equilibrium quantity when the steel industry is unregulated is _______ tons per week.

(A) 20 (B) 25 (C) 5 (D) 15
12.If the good in the table above is a public good and Pat and Al are the only members of society, then the efficient quantity to produce is _______

(A) 4 units. (B) 3 units. (C) 5 units. (D) 2 units.
13.Lucy works as a college instructor for a fixed annual salary of $30,000. She is considering quitting this job and becoming a real estate broker. Lucy believes that as a realtor she has a 40 percent chance to make $60,000 per year and a 60 percent chance to make $25,000 a year. The figure above shows Lucy's total utility of wealth curve (U). Lucy's expected utility from real estate brokerage is

(A) 103. (B) 110. (C) 117. (D) 93.
14.The above table shows some national income accounting data for a nation. In this nation, gross domestic product is equal to billion.

(A) $2,500 (B) $2,000 (C) $2,300 (D) $2,800
15.Using the data in the above table, the unemployment rate is

(A) 4.16 percent. (B) 28.0 percent. (C) 5.55 percent. (D) 4.0 percent.
16.If 2009 is the reference base period, what is the price index for the CPI basket of goods for 2015 in the above table?

(A) 102.8

(B) 97.3

(C) 128.0

(D) zero because the price of Blurays fell and the price of water increased
17.The country of Kemper is on its aggregate production function at point W in the above figure. The government of Kemper passes a law that makes 4 years of college mandatory for all citizens. After all citizens have their education, the economy will _____

(A) move to point such as Y. (B) move to point such as Z. (C) remain at point W. (D) move to point such as X.
18.In the above figure, the demand for loanable funds curve is drawn for the average expected profit. If the real interest rate is constant at 6 percent and the expected profit falls, the amount of loanable funds demanded will be _____

(A) greater than $600 billion. (B) between $450 billion and $600 billion. (C) less than $450 billion. (D) $450 billion.
19. The banking system has just experienced an increase in deposits of $50,000. The currency drain ratio is 20 percent and the desired reserve ratio is 10 percent. What does the money multiplier equal?

(A) 0.25 (B) 10.00 (C) 3.33 (D) 4.00
20.In the above figure, at the price level of 140 and real GDP of ______

(A) $5 trillion, firms will not be able to sell all their output.

(B) $15 trillion, consumers will not be able to buy all the goods and services they demand.

(C) $5 trillion, consumers will not be able to buy all the goods and services they demand.

(D) $15 trillion, firms will not be able to sell all their output.
21.In the above figure the economy is initially at point A on the aggregate expenditure curve $AE_0$. Suppose firms expect profits to increase and decide to increase investment. As a result ______

(A) there is a movement along $AE_0$ to a point such as B.

(B) there is a movement along $AE_0$ to a point such as C.

(C) the $AE$ curve shifts downward to a curve such as $AE_1$.

(D) the $AE$ curve shifts upward to a curve such as $AE_2$.
22. Which of the following could lead to demandpull inflation?

(A) an increase in the quantity of money
(B) an increase in the money wage rate
(C) a decrease in exports
(D) an increase in oil prices
23. An increase in the expected inflation rate shifts the ______

(A) longrun Phillips curve upward.
(B) longrun Phillips curve downward.
(C) shortrun Phillips curve downward.
(D) shortrun Phillips curve upward.
24. Suppose that the U.S. interest rate is 5 percent and the Japanese interest rate is 1 percent. The effect of this difference in the foreign exchange market is that ______

(A) investors expect the yen to depreciate against the dollar.
(B) investors expect the yen to appreciate against the dollar.
(C) financial capital stops moving.
(D) a Japanese investor is guaranteed to make an additional 4 percent in yen terms by investing in the United States.
25. If net exports, $X M = \$0$, and the government sector has a deficit of \$250 billion, then the private sector ______

(A) has a deficit that equals $500 billion.
(B) has a deficit that equals $250 billion.
(C) has a surplus that equals $250 billion.
(D) has a surplus that equals $500 billion.

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