課程名稱：財政學 課程性質：選修 課程範圍：效用、公共財、政府支出等 開課教師：羅光達 開課學院：社科院 開課系級：財政系 考試日期(年月日)：2011/11/14 考試時限(Mins)：100分 試題本文： Guidance : 1. Do all questions and write legibly on the answer book. 2. Total points = 100; Sggested time = 100 minutes. 3. Please keep your original copies of quizzes/midterm/final, in case you need them to correct your scores. ------------------------------------------------------------------------------- 1.(20 points, 10/10) Please answer the following questions: (1) What is Pareto improvement? What is Pareto optimality? (2) Derivqe the Utility Possibilities Curve (UPC) form an Edgeworth Box. 2.(20 points, 5/15) What is the first fundamental theorem of welfare economics? Please briefly proof it. 3.(15 points) Please derive the Samuelson's Condition by using the Production Possibilities Frontier (PPF) and the Indifference Curve (IC). 4.(20 points, 10/10) Vance's demand curve for a good is expressed by the function P=100-4Q; and Stephanies's demand fuction for the same good is P=80-Q. Suppose the marginal cost of producing the good is given by the fuction P=4Q, and this community only consists of Vance and Stephanie. (1) If this good is a public good, what is the efficient quantity of production? How much do Vance and Stephanie consume individually? What is the marginal willingmess-to-pay at this efficient quantity by Vance? By Stephanie? (2) If this good is a private good, what is the efficient quantity of production? How much do Vance and Stephanie consume individually? What is the marginal willingmess-to-pay at this efficient quantity by Vance? By Stephanie? 5.(24 points, 8/8/8) True/False and Explain Why (1) U.S. Government is considered relatively "smaller" than in other advanced industrial countries because it hires fewer employees than do other countries. (2) According to Taiwan's data, the largest share of government expenditure is spent on national defense; in addition, the largest share of government revenues comes from fees and fines. (3) Cable TV is the example of an impure public good which is rival and non- excludable in consumption. 6.(1 point) Please write down your alias identification, which will be used and posted on the web site to track your grade records. Please return the question sheet with your answer book. --

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