st! You can do it! Good luck! You have 60 minutes.
E NOTE: You should take the exam in full screen, have a calculator, paper, and pencil handy. Turn off notifications. If you exit the
rom full screen, switch tabs, and/or try to capture the screen, you will be blocked from taking the exam.
Question 1
The central bank is selling $100 worth of bonds payable in one year. The price it gets today is $95. What is the implicit interest
rate? (If you get 0.0112, please write 1.12)
Typed numeric answer will be automatically saved.
Question 2
Consider the following economy:
(1) C=1000+0.3 (Y-T)
(2) I = 800
(3) G = 500
(4) T = 400
Autonomous spending is: