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This document provides an exam for a macroeconomic theory and policy course. It consists of 4 problems worth a total of 100 points. Problem 1 involves an extended MIU framework with two types of money (M1 and M2) and derives the marginal rate of substitution between them. Problem 2 examines the effects of technology and preference shocks on consumption and leisure choices. Problem 3 considers the effects of a positive money shock with fully flexible prices and wages. Problem 4 analyzes fiscal and monetary p

Author

JB 94

Language

EN