2002 - 16:29 FAX 8596475045 Thomson Learning III 002 Dr...

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05/17/02 16:29 FAX 8596475045 Thomson Learning III 002 Dr. Jaques Econ201 Final E](am Spring 2002 Multiple Choice Identify the letter of the choice that best completes the statemenl or answers the question. 1. Macroeconomics studies all of the following jexceptj one. Which is the exception'? a, why the 1981-82 recession had a greater impact on the unemployment rate than previous r,~cessions did b. how a higher inflation rate alters the distribulion of wealth and income c. bow the closing of a General Motors plant will affect unemployment, spending, and illtlation in the United States d. tIe impact of extending unemployment compensation benefits on the length of a person's j,)b search e. be impact ofthe 1987 stock market crash on consumers' spendini 2. ECOMmists believe lhat a. I,eople who choose to promote the interests of others cannot be acting rationally in their (,wn self-interest b. .'eoplc show concern only for those whom they lmOw personally c. charitable donations would disappear if tax deductions for charitable giving were tliminated d. ttie notion of self.interest rules out concern for others e. (oncem for the welfare of others is consistent with the conc""'P1 of self-interest
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