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Past Exam for ECON 1010 - Principles of Macroeconomics at Wyoming (UW)

Exam Information

Material Type:Mid-Term
Professor:Staff
Class:ECON 1010 - Principles of Macroeconomics
Subject:Economics
University:University of Wyoming
Term:--
Keywords:
  • Binding Price Floor
  • Non-Binding Price Ceiling
  • Do All of the Above
  • Inexpensive
  • Country(side)
  • Opportunity
  • Benevolence
  • The Economy
  • Change in Demand
  • The Law of Supply
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Sample Document Text

ANSWER KEY - FORM A     ECON 1010: PRINCIPLES OF MACROECONOMICS MIDTERM EXAM I SUMMER 2008 ANSWER KEY FORM A Page | 2     Answer Key Section 1. Multiple Choice Questions (70 pts) 1. C 2. A 3. C 4. A 5. D 6. D 7. D 8. D 9. A 10. D 11. B 12. D 13. B 14. C 15. B 16. A 17. D 18. B 19. D 20. D 21. A 22. A 23. A 24. A 25. D 26. D 27. A 28. B 29. C 30. D 31. A 32. A 33. D 34. B 35. D Page | 3     Section 1. Multiple Choice (70 pts) 1. The primary emphasis in macroeconomics is on: A) marginal analysis. B) bits and pieces of the economy. C) the national economy. D) how firms set prices. 2. The study of a single firm and how it determines prices would fall under: A) microeconomics. B) economic growth. C) macroeconomics. D) all of the above. 3. The problem of determining what goods and services society should prod...

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