PD2
Solucion
*
Comente
a)
it
⑪
CA1
CA1
Be
Be
2 Bo
(1 r) B0
=
TB1
+
=
B1
B2
-
=
+
+
((w) B1
TBL
+ TB
=
2
By 0
=
(Ar)[Hr)B0
0
=
=>
G+)
0
=
Bo
B1]
+T
TB,
+
+ TB2
2
+
1+ 2
BoCH) =-TB,
-
TBe
-
Hw
⑪
CA1 B,
=
CA2 Bz
=
-
generalizacin
de
Bo
-
Bo-CA1
-
b)una
-
CA,
a)
3
B,
Bi
0
=
;
CA2
=
-
CAz
B0
=
Ejercicis
①
B,
=
-100
-5%x(120)
(A
=
=
-
6Y, 4 120;w
=
CA1 y
=
-
C
-
1
-
5
rB TB WB
+
=
AB
CA2
(1) term os
-
(100)
b
-
=
10b
que:
TB1 +rB,
CA,
CA1
=
-
CAr,
(2)
=
De
Be -B,
B2
(1)
+
tenemos:
+
=
CA1 TB1 rB1
b)
0.1
=
Br?
a) TB1, CAL,
De (2)
=
=
6
TB,
0.1x (100)
+
=
4
At
I
TBr?
CA2
TBz
=
TB2
106
=
TB2
3-
r B2
+
+
0.1(-106)
0-
Y2>
(factible)
TBz
CAn;
Bs
=
y
=
B CA2
=
+ 106
116.2
=
=>
Br
CA2
=
ur dolmoso
angue puede
dudo que todo el producto
sale
Qui ncede si
)
TB1
(A,
=
-
rB,
TB
TBW CA2
=
+B
=
afera en periodol.
CAs=-0.1xY1=-12
=>
=>
hosis
112
-
-
=
-
12
-
0.1(-100)
2g
0.11-112)
11.2
+
=
123.2;CA2=
112.,
=
B Bi
=
B2
=
-
+ CA
12
vive mas
alla
...
②Obstfeld
y
Rogoff
Bt:actives al
B1 0;
=
=>
det
inicio
Btt:actives al
det
final
B3
(1996)
0
=
RP:Yt (1+ -) Bt Ct
+
=
Yz (2
+
Ya
B C1
=
+
(1 rv)B
Ba
t 1
=
+
by
ca
+
+
+ Btt1
t 2
=
+
=
Ya (1 r)(y, c) C
->
+
+
a
Mox
->
u x(x)
=
xxx)
+
E
fr
4+
=
44(x) x)Y, rr
=Mc
=
c,
+
=2!
41
,
=
1u(()
Six
=
Y,
+
44,(2)
2
=
-
+
+
-
x
-
-
r)
0
=
sic,= x
=>
-
*
ro
--Err
I Fro
=>
*
0
=
5) WA
G+ r)p
&
a**
=
t 2C
=
-
-(1 ri
+
~
(15) Y, +Yw
o
Yzz
G 72
-
-
-
E,
I
=
E
-
-
I
I
42.
-
4,34C,
- - -
Ez
(1+ rA)
-
-
-
Y,
=
42
"
C&
>
(1 F)
+
t1C1
=
Y, +A
Ho
~
=
A
cit
(presio
has aumenta)
de consumin
-
y, -430 (Supermitin CC)
be
=>
ret
<
WA
CF (pracio de
Y, -420
=>
boy
consermic
(Deficit
en
call
2P
=>
passe
cat
->
cc)
(Ax
C
B
=
Y
=
-
-
B
c
Be
=
③
U
a)
logCs
=
2
+
1 100,
BlogCr,
logC Blogan
=
72
=
+
+ x
41
200.;f
=
E
[
+
9
-
15%
=
-
e)
CPO:
Lai
,
-
La:
x
0
=
3
Ftr*
=
Cz
,
Admis
C, 4=
=
100
2
=>
G Yz
21
200
=
=Ert3
log (100) + log(200)
+
4
r
⑮If
B1
·
If
=
My
b)
I
=
=
=
a
*9.21.
20%
=
->
=I
3,+
4
em
=
+
=>
12 +
4
1.55
(1.2)
e.
3,
32
2) DeficitC (, -c);B1
=
100
=
-
142.6
=
-
100
=
200
=
0
=
42.6
E
100+
=
=
a
22
142,63
=
148.83
=
e)
i) Fallo:Deficito
superabits desenden
de
↳utilidad! ->
(i) Investo:2P
>
Decieit
*
no
es
melo
I
esto
->
wo-i--;'s
-
y
*
-A
-A
la r*
-
-
DCC
no
one
parque
me brato
even
que?
Ima boto que
no
si sites
police about
e
a
mirguna tua.