Explain why two indifference curves cannot intersect, Steady-State of the Solow-Swan model, show the effect of increasing the saving rate on the Steady-State, etc).

Attempt all questions in the Practice Exam Questions (Refer to Uploaded File).

Please use the lists of powerpoints slides in the uploaded files to help with your answers. PLEASE Support the answers with relevant references and graphs (E.g: on some questions like illustrating Supply & Demand Curve, Use references and graphs to explain why two indifference curves cannot intersect, Steady-State of the Solow-Swan model, show the effect of increasing the saving rate on the Steady-State, etc).

The TOTAL word count for all 15 questions is about 3000 words. If you think some questions needed more word count to support the answers, please distribute the word count accordingly.

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