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Unformatted text preview: Economics 110B Fall 2007 Sample Final Exam Name: ___________________________________ ID: ___________________________________ Instructions: Count each page and confirm that you have a complete exam (13 pages plus title page) You have 180 minutes to complete this exam. Answer all questions. All answers must be written on the attached test sheets, in the spaces provided. The exam is closed book. Formula sheets are not permitted. Calculators are not permitted. Personal electronic devices are prohibited. Answer multiple choice questions in the blanks provided using capital letters (A,B,C,D). Show all of your work for full credit. Clearly label any graphs presented. Underline or circle your final answer for mathematical problems. Your exam will not be eligible for re-grading if you use pencil, erasable pen, or any form of liquid paper on your exam. If you submit your exam for re-grading, we reserve the right to re-grade the entire exam. Keep your eyes on your own paper, and keep your paper out of view of your neighbors. If you have any questions about the exam, please ask. STUDENT CONSENT FOR RELEASE OF STUDENT INFORMATION (Buckley Waiver) I hereby authorize the UCSD Economics Department to return my graded examination by placing it in a location accessible to all students in the course. I understand that the return of my examination as described above may result in disclosure of personally identifiable information, that is not public information as defined in UCSD PPM 160-2, and I hereby consent to the disclosure of such information. Quarter: Fall 2007 Course: Economics 110B Date: ________________ Instructor: Genevieve Peters Student ID # ___________________________________________________________________ Print Name ___________________________________________________________________ Signature ___________________________________________________________________ Economics 110B Prof. Genevieve Peters Fall 2007 Sample Final Exam 1 Multiple Choice Section (35 questions @ 1 point per question) ______ 1) The Fisher effect summarizes the effects of inflation on the: A) natural real interest rate in the short run. B) real interest rate in the short run. C) nominal interest rate in the medium run. D) nominal interest rate in the short run. ______ 2) Suppose the central bank pursues expansionary monetary policy. Such an action will cause: A) the natural real interest rate to rise. B) the natural real interest rate to fall. C) ambiguous effects on the natural real interest rate. D) no effect on the natural real interest rate. ______ 3) A downward-sloping yield curve suggests that financial market participants expect short-term interest rates will: A) fall in the future....
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