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Conf1Intro - McGill University Macroeconomics Professor...

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McGill University Macroeconomics Professor Paul Dickinson Conference Sheet 1 These questions are for the first week of conferences, & are on WebCT site. The questions are generally based on material in Chapter 19 - it is introductory material which is not hard to understand. Only some aspects are covered in lectures, & the rest is your responsibility. Read the chapter and try these questions for yourself before going to conferences. [Example: Box on Price Indices will be done in lectures & questions about it will be on next conference sheet.] The Study Guide is a good way to check your understanding of the chapter. I hope that in this first week of conferences you will get to know your TA and enjoy as well as learn. (Note: T/F/U = True or False or Uncertain) PTD 1. “In lectures we were told that a very low savings rate in the US was one of the various factors that had helped to create the current problems. Then we were told that an increase in savings was now making things worse . Isn’t this totally contradictory?
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