firstmidtermfall2004

firstmidtermfall2004 - Economics 102 First Midterm...

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Economics 102 Student Name : First Midterm Section # : 10/4/2004 TA Name : Version 1 DO NOT BEGIN WORKING UNTIL THE INSTRUCTOR TELLS YOU TO DO SO. READ THESE INSTRUCTIONS FIRST. You have 50 minutes to complete the exam. The exam consists of 9 binary choice and 20 multiple choice questions. Each binary choice question is worth 2 points and each multiple choice question is worth 4 points for a total of 98 points. You will get 2 points for providing your name, student ID number, number of the discussion section you’ve been attending and version number correctly. Please answer all questions on the scantron sheet with a #2 pencil. If there is an error on the exam or you do not understand something, make a note on your exam booklet and the issue will be addressed AFTER the examination is complete. No questions regarding the exam can be addressed while the exam is being administered. When you are finished, please get up quietly and bring your scantron sheet and this exam booklet to the place indicated by the instructors. NO CALCULATORS OR FORMULA SHEETS ARE ALLOWED . PICK THE BEST ANSWER FOR EACH QUESTION. GOOD LUCK! How to fill in the scantron sheet : 1. Print your last name, first name, and middle initial in the spaces marked "Last Name," "First Name," -, and "MI." Fill in the corresponding bubbles below. 2. Print your student ID number in the space marked "Identification Number." Fill in the bubbles. 3. Write the number of the discussion section you’ve been attending under "Special Codes" spaces ABC, and fill in the bubbles. You can find the discussion numbers below on this page. 4. Write the version number of your exam booklet under "Special Codes" space D, and fill in the bubble. The version number is on the top of this page. Discussion sections are as follows: Francesca Rondina DIS 308 8:50a R 582 VAN HISE DIS 314 12:05p R 486 VAN HISE Emmanuele Bobbio DIS 301 1:20p W 6232 SS DIS 304 2:25p W 6314 SS DIS 306 3:30p W 5322 SS DIS 312 11:00a R 346 BIRGE Yangsoo Jin DIS 307 8:50a R 586 VAN HISE DIS 310 9:55a R 574 VAN HISE DIS 315 8:50a M 6314 SS DIS 317 2:25p R 386 VAN HISE Stoyan Vlaikov DIS 303 2:25p W 6322 SS DIS 305 3:30p W 6224 SS
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DIS 316 1:20p M 4308 SS DIS 318 2:25p R 378 VAN HISE
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BINARY QUESTIONS (2 points each) 1) An increase in movie theater prices will cause a: a. Increase in demand for videos. b. Decrease in demand for videos. 2) A university considers re-painting crosswalks in the campus. In a social sense, the opportunity cost of doing this is greater: a. When the university employs teenagers not enrolled in school and otherwise unemployed in order to paint crosswalks than when it employs farmers. b.
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firstmidtermfall2004 - Economics 102 First Midterm...

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