ECON304 - MidTerm02_KEY - F10

ECON304 - MidTerm02_KEY - F10 - Sonoma State University...

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Sonoma State University Department of Economics ECN 304 Florence Bouvet Fall 2010 Midterm 2-Answer Key Name (Please Print): _ Scores: Part I: 150 Part II: 150 Total: 1100 Please Note: 1. Succinct responses are strongly encouraged. Any erroneous or too much irrelevant information will count against you. Therefore, you will not receive fullcredit ifyou provide acomplete correct answer but also include erroneous or too much irrelevant information. No credit will be given to answers that do not address the question. 2. Show all your work. Make sure you show all equations used ineach calculation. Answers without supporting calculations will receive very little credit. 3. For most questions, you are given a lot more space than you really need. When time iscalled, please stop work immediately.
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