Economics 100 – Review Sheet for Midterm Exam #2 Spring 2007Page 1 of 1 Date of ExamThe second midterm exam will be held in class on Tuesday, April 10 at 12:30 Office HoursMy office hours during the exam week are Monday 3:30-5:00 and Tuesday 11:00-12:00. Topics covered by ExamThe second midterm exam will cover section III “Long-Run or Full-Employment Macroeconomics” of the course. You are responsiblefor the required reading listed in the syllabus: chapters 7-11 of the Frank and Bernanke text ANDhandouts 3a-3g. Format of ExamThe midterm exam will consist of three parts. The first part will be 15 multiply choice questions. These questions will be both definitions (i.e. What is the real interest rate?) and applications (i.e. how is the real interest rate determined in the long run?) The second part will be a problem on the production function and labor market diagram. The second part of the exam will be similar in design, but not necessarily in content, to questions 2 and 3 of problem set #3. The
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