ME2ReviewCompiled - Mini Exam 2 Review. This exam covers...

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Mini Exam 2 Review. This exam covers only chapter 3. There are 10 multiple choice questions, worth 2 points each, or 20 points. The open answer portion is longer than on the first exam. This gives you many more chances to get more points. However, you need to be sure that you have a good grasp of the material before the exam because you will not have enough time to sit and stare at the paper. I have included some multiple choice questions for you to review. Also review the Reading Assignment quiz for this chapter. In order to study for the open answer portion, re-work homeworks 3 and 4. Expect graphing and mathematical problems. You should also review your class notes.
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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) An increase in the real wage rate will cause A) the labor demand curve to shift to the left. B) a movement along the labor demand curve. C) the labor demand curve to shift to the right.
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This note was uploaded on 09/15/2009 for the course ECON 304 taught by Professor Stone,mistyriano,alejandro during the Fall '07 term at Pennsylvania State University, University Park.

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ME2ReviewCompiled - Mini Exam 2 Review. This exam covers...

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