Economics 320L, Spring 2019
Midterm 2 Practice midterm #1
Please put all papers away.
No calculators, no cell phones, no computers:
nothing electronic is allowed.
practice exam is scheduled for 100 minutes.
There are 100 points total on the exam. The actual midterm will be
scheduled for 75 minutes with 75 points.
Definitions (2 points each)
Golden Rule level of capital:
Open market operations: