ECO2023 - Summer B 2008 Midterm 1 - Professor M Rush ECO...

Professor: M. Rush
ECO 2023
SUMMER B 2008
MIDTERM 1
Read all instructions on this page
Please enter on the answer sheet:
1. Your name and initials
2. Your UF ID number
3. Special Code: 11
4. Test code: A
5. Sign your name on the back of the bubble sheet.
This test is governed by UF’s academic honesty code. It is intended to have 35
multiple choice questions. Please check to be sure your copy has all 35. If you do
not answer a question, you will not get credit for that question. For each
question, choose the best answer.
♦ The next is important: Unless you are specifically told otherwise, on this test do
not assume that demand or supply is either perfectly elastic or perfectly inelastic.
Do not ask questions of me or the TA’s; in the interest of fairness I
have instructed them not to answer any questions during the exam.
I have become concerned that some students are at a real disadvantage because they are
unwilling to ask questions during the exam while others ask a lot of questions. Hence, to
level the playing field, I have decided to eliminate all questions during the test. I don’t
like this policy, but it seems the fairest policy.
TURN OFF ALL CELL PHONES AND OTHER
COMMUNICATION DEVICES
You may not use a cell phone, a Blackberry, or any other sort of device that allows for
communication as your calculator.
You will have 60 minutes to complete the exam and bubble in all your answers. When
the TAs say that time is up, you must hand in your exam. We will not give extra time to
finish bubbling in the answers, so be sure you are done when the 60 minutes are up. Of
course, you may hand in your test at any time before the 60 minutes are up.
An answer key will be posted on the Web later this evening.
The test scores will be on the Web within a few days.
Check if the test code and UF ID number you bubbled ‐ in are correct now. Also
check to be sure your name is correct —do it now. I have heard a rumor that the
ability to correctly record these had been mastered by a few students at FSU as
well as a couple of accounting and journalism students. I will investigate these
rumors but in the meanwhile,

ECO 2023 MIDTERM 1 SUMMER B 2008
CHECK YOUR TEST CODE AND UF ID NUMBER. IF YOU GET EITHER OF
THESE WRONG, YOU WILL LOSE 5 POINTS!!!!
After the scores are posted, if you think your posted score is incorrect, email the
grader at [email protected] . You have one week after the curved score is
posted to request a grade check. After a week, the score will not be changed. If
the web reports what you bubbled in for each question and you ask the grader to
check an answer because you believe you bubbled in something other that what
is reported and the reported answer on the web is correct, you will lose 1
additional question.
2

ECO 2023 MIDTERM 1 SUMMER B 2008