Mid-term1 - Name: Student # : RYERSON UNIVERSITY Department...

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Page 1 Name: Student # : Section: RYERSON UNIVERSITY Department of Economics ECN 204 (Section-7) TERM TEST 1 October, 2004 Instructor: Sharif F. Khan Time Limit: 50 minutes Total Pages Including the Cover Sheet: 8 Instructions: Important! Read the instructions carefully before you start your exam. Mark your selections for PART A on the examination question booklet by circling the right choice in PENCIL . If you make changes, be sure to erase completely. Please record your name, student number, and your section of the course on the top of your examination question booklet. Write your answers for Part B and Part C in the space provided on the exam question booklet. Marking Scheme: Part A [20 marks] TEN multiple-choice questions – 2 marks each Part B [10 marks] ONE True/ False/Uncertain question. Part C [20 marks] ONE problem solving question Notes: If doubt exists as to the interpretation of any question, please include a clear statement of any assumptions made in your answer. You may use a calculator. You are NOT ALLOWED to use any textbooks, notes or other study materials.
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Page 2 Part A Multiple-Choice Questions [20 marks] Each question is worth 2 marks. There is no negative marking for wrong answers. To answer each question correctly, you have to choose (make a circle in PENCIL) the best answer from the given four choices. 1. The following are national income account data for a hypothetical economy in billions
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This note was uploaded on 06/20/2009 for the course ECN 204 taught by Professor Unknown during the Spring '09 term at Ryerson.

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Mid-term1 - Name: Student # : RYERSON UNIVERSITY Department...

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