midf05 - Econ 101, Midterm 10/13/2005 Name: Alan C. Marco...

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10/13/2005 Alan C. Marco Spring 2005 Name: Instructions. READ THIS. Answer all questions in the space provided (use the back if necessary and direct the grader there). Be sure to answer all questions clearly and concisely, and to make your answer obvious and unambiguous. Be sure to be as precise as possible: use graphs and economic concepts (and jargon) judiciously. Show all your work since credit is given for the correct answer and the correct methodology. If you need to make assumptions, be clear about what they are. Each question is worth 5 points, except where noted. Bracketed numbers are points for the section: 70 total. No calculators. No notes. “+” questions are “baseline” questions. Be sure to get these right. “*” questions are more diFcult. Note: I don’t like wasting paper. The excess is so that you have plenty of space to work. The ±rst page is left blank so that I don’t know whose exam I’m grading. 1
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This note was uploaded on 04/26/2010 for the course ECON 101 taught by Professor Staff during the Spring '08 term at Vassar.

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midf05 - Econ 101, Midterm 10/13/2005 Name: Alan C. Marco...

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