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레넨누 | 2012.10.24 | 조회 212

1. In the case the micro thinking of Classical School is extended to the nation-


wide economy, explain in detail the results of it in the goods, labor, and money


markets.



2. Define the Seignorage and the effects to the economy, especially government


revenue and debt.


4. In the loanable fund market,
1)Derive the equilibrium condition.


 


2)What will become the amount of loanable fund, interest rate, and the capital and


government debt in the case of continuous increase in the government expenditure?


 


3)Explain the twin deficits of the U.S.A, using above tools.


 


5. Define the structural unemployment in the labor market, and explain the reason of them


 


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