EC4710-Final-07

EC4710-Final-07 - NAME ECONOMICS 4710 FINAL EXAM Louisiana...

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NAME: ECONOMICS 4710 FINAL EXAM Louisiana State University Instructor: Bulent Unel Date: December 14, 2007 Important: This is a closed book exam. The exam has two parts. The first part consists of 20 multiple choice questions and the second part consists of 2 quantitative questions. Check that you have them all. Do not take any part of this exam with you when you leave.
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Part I: Multiple Choice Questions (Each 2.5 pts). 1. According to the Keynesian-cross analysis, if MPC stands for marginal propensity to consume, then a rise in taxes of 4 T will:
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