2007 FALL TEST 4-1A

2007 FALL TEST 4-1A - TEST 4-1A ECO 2013, Fall 2007...

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TEST 4-1A Warrington College of Business ECO 2013, Fall 2007 Department of Economics Before handing in your test, please check that you have bubbled your name and UF ID number correctly and that you have bubbled in an answer for each question. Bubble in your new UF ID number, using the first 8 columns. Your test should have 50 questions. Please check to see that it does. Only non-programmable calculators are allowed. Using a programmable calculator results in a penalty of 15 points. Please bubble 4-1 in the two rows on the lower left corner of your bubble sheet, and A in the upper right hand corner. You do not need to fill in your section number, since we can match your name and UF ID number to it. Please sign the back of your bubble sheet. No way of receiving a message, such as a pager, may be consulted during the test. If you have a pager or cell phone and are expecting an urgent message, leave it and your ID with a proctor, who will relay the message to you. 1. Interest rate parity is part of the a. short-run international economic trilemma. b. long-run international economic trilemma. c. reason for the negative slope of the money demand curve. d. reason for the positive slope of the money demand curve. 2. The long-run international economic trilemma is called a “trilemma” because a. only one of three things is possible. b. only two of three things are possible. c. it can apply to only one of three countries. d. it can apply to only two of three countries. 3. Model Gisele Bundchen was mentioned in class because it is rumored that a. she prefers to be paid in euros. b. she is secretly married to an American presidential candidate. c. she thinks the only ethical social discount rate is zero. d. she recently purchased over a hundred houses in Miami. 1 SPECIAL O O O O O O O O O CODES O O O O O O O O O
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10. Opponents of raising the gasoline tax by a dollar a gallon usually base their case most strongly on the claim that the gasoline tax is a. inefficient because the demand for gasoline is elastic. b. inefficient because the demand for gasoline is inelastic. c.
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2007 FALL TEST 4-1A - TEST 4-1A ECO 2013, Fall 2007...

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