spring 2009 exam 11 - ECON 2106 Shelby Frost Final Exam...

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ECON 2106 Shelby Frost Final Exam 2:30pm TR Spring 2009 Version A Page 1 Do NOT open your exam until you are told to do so. Turn off your cell phone or any other noise-making devices you have with you. You are taking Version A of the exam. Please mark letter A on your scantron where it reads “Test Form”. When you submit your scantron for grading, you must turn in a signed copy of this page. Failure to do so will result in earnings of $0 for this exam. You may keep the questions for your record of what answers you marked. An answer key will be posted in webct after the exam is over so you can grade your own work. Tear this page off and turn it in when you turn in your scantron; keep the other pages for yourself. Honesty Oath: By signing below, I certify that I have adhered to the GSU Policy on Academic Honesty. The GSU Policy on Academic Honesty includes the following: “B. Cheating on Examinations: Cheating on examinations involves giving or receiving unauthorized help before, during, or after an examination. Examples of unauthorized help include the use of notes, computer based resources, texts, or "crib sheets" during an examination (unless specifically approved by the faculty member), or sharing information with another student during an examination (unless specifically approved by the faculty member). Other examples include intentionally allowing another student to view one's own examination and collaboration before or after an examination if such collaboration is specifically forbidden by the faculty member.” For this final exam, you may make use of a single “cheat sheet”… a single page of notes with no exam or quiz questions on it. Put your name on it and turn it in with this paper. Print name: _____________________ Signature: ___________________________
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Shelby Frost Final Exam 2:30pm TR Spring 2009 Version A Page 3 Name: __________________________ Date: _____________ Multiple Choice: Choose the one alternative that best completes the statement or answers the question. 1. If Jakob knows the marginal cost of producing the 7th sports jersey is $21, then the total cost of 7 sports jerseys is: A) $147. B) The answer cannot be determined from the above information. C) $60. D) $21. 2. An inward shift in the U.S. economy's production possibilities frontier could represent which of the following? A) U.S. workers moving to Canada B) U.S. workers moving from New Jersey to Massachusetts C) U.S. economic growth D) Both a and c are correct. 3. If left totally to the free market, the amount of fire protection provided in a city would be _____ than it is now, and free-riders would pay _____ for fire protection. A)
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This note was uploaded on 01/19/2011 for the course ECON 11853 taught by Professor Brianallenhunt during the Spring '10 term at Georgia State University, Atlanta.

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spring 2009 exam 11 - ECON 2106 Shelby Frost Final Exam...

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