exam1review

exam1review - For Exam #1 Coverage: Chapters 1 4 and 6....

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1 For Exam #1 • Coverage: Chapters 1 – 4 and 6. •Fo rm a t : ¾ 10 multiple choice questions. ¾ 1 long question on Production Functions and the Demand for and Supply of Labor or Desired Saving-Desired Investment. ¾ 1 long question on the Solow Growth Model. For Exam #1 •T im e : ¾ Exam will start as close to 3:40 p.m. as possible. ¾ The exam will finish promptly at 5:00 p.m. • Exam Packet is completely self-contained. ¾ No blue books are needed. • No books, notes, or electronic devices. ¾ Foreign language dictionaries MUST be examined by me. For Exam #1 • You will need a set of colored pens or pencils. ¾ Black or pencil. ¾ Red ¾ Blue ¾ Green Errata • Problem Set #1, Question #2. ¾ The reduction in the effective marginal tax rate on capital reduces the user cost of capital . ¾ The reduction in the effective marginal tax rate on
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2 Errata • Slide 7-41 (last line) ¾ When K/N > (K/N) A , K/K < N/N. •No
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This note was uploaded on 04/01/2008 for the course ECON 100B taught by Professor Wood during the Spring '08 term at Berkeley.

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exam1review - For Exam #1 Coverage: Chapters 1 4 and 6....

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