{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

secondmidterm051804

secondmidterm051804 - Econ 52 Economic Analysis III Spring...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Econ 52 Mark L.J. Wright Economic Analysis III [email protected] Spring 2004 Landau 336 Second Midterm Exam Date: Wednesday 19th May, 2004 Instructions 1. Answer each part of the exam in a separate blue book. 2. Write your name, student number, TA section and the part attempted on the front page of each blue book that you use. 3. Write your answers in permanent ink. Answers submitted in pencil, or in erasable ink, are not eligible for regrade requests. 4. You have 100 minutes to answer this exam. 5. The exam has four (4) pages. Please check that you have all pages. 6. There are one hundred (100) points worth of questions. Answer all questions. 7. This is a “closed book” exam. You may not consult your notes or textbooks during the exam. 8. No calculators are to be used on the exam. 9. You may not talk to any other student while completing the exam. Exam answers are to be completed, and handed in, individually. 10. Professor Wright will be available to answer questions during the fi rst ten minutes of the exam. If you are confused about a question on the exam after the fi rst ten minutes, explain why you are confused in your answer, state what you think is necessary to resolve your confusion, and then proceed to answer the question accordingly. 1
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Part A (Short Answer Questions) (30 points total) Evaluate each of the following statements. State whether they are true, false or uncertain, and give a short explanation of your reasoning. No points will be awarded without the correct explanation. 1. A transfer of income from the richest fi fty per-cent of society to the poorest fi fty per-cent of society always lowers the Gini coe cient for an economy. (6 points) 2. In the endogenous growth model (also referred to as the new growth model) discussed in class,
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern