26.12.2014 Views

Midterm Exam I: Answer Sheet

Midterm Exam I: Answer Sheet

Midterm Exam I: Answer Sheet

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

T1 + φ q<br />

SI 0<br />

T<br />

+ φq<br />

SI 1<br />

0<br />

− A + r<br />

0 β<br />

Y F<br />

NX 1<br />

NX 0<br />

− A + r<br />

1 β<br />

6}hi DG<br />

PG<br />

P<br />

⎛ PG<br />

⎞<br />

⎜ ⎟<br />

⎝ P ⎠<br />

0<br />

D<br />

N<br />

+ D<br />

M<br />

PG<br />

P<br />

⎛ PG<br />

h<br />

⎜<br />

⎝ P<br />

0 ,<br />

y ⎞<br />

y ⎟<br />

f ⎠<br />

shift due to gold<br />

discovery<br />

⎛<br />

h<br />

P G<br />

⎜<br />

⎝ P<br />

1 ,<br />

y ⎞<br />

y ⎟<br />

f ⎠<br />

⎛ PG<br />

⎞<br />

⎜ ⎟<br />

⎝ P ⎠<br />

*<br />

δf<br />

⎛ P<br />

⎜<br />

⎝ P<br />

G ,<br />

y ⎞<br />

⎟<br />

⎠<br />

G 0 G* G g1 g* g2 g<br />

6}hi SG<br />

S

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!