Assignment 2

Due Date: Sunday, 25th April 2021

Question no 1:

Question no 2:
Question no 3:

Look at the open economy model as illustrated on page no 213 of the book. Use the model to
𝜕𝑌 ∗ 𝜕𝑟 ∗ 𝜕𝐸 ∗
find 𝜕𝐺 , 𝜕𝐺 and 𝜕𝐺 and comment on the signs. Are the sign same as you expected?
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Question no 4:

Problem no 3 of Ex 9.2.

Question no 5:

Problem no 4 of Ex 9.3.

Question no 6:

Problem no 3 and 5 of Ex 9.4.