GRIPS Macroeconomics II

Fall II Semester, 2016

Problem Set 4

Junichi Fujimoto
January 11, 2017

Submission deadline:

Beginning of the rst class (9:00-10:30) on January 18 (Wed), 2017

Instructions for submission:

Clearly indicate your full name and your student ID number.

You are allowed to discuss the problem set in a small group, but you must write out and submit

your own work.

Late submission is not accepted (you can ask your friend to turn in the homework for you).
E-mail submission is accepted only in exceptional circumstances (e.g., severe illness), and the

electronic le (pdf) must be received by 24:00 of January 17 (Tue), 2017.

Answer the following textbook questions.

1. Chapter 14, Problems and Applications Q2, Q6

2. Chapter 15, Problems and Applications Q2, Q7, Q9