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midterm_2_-_2008 - Gregory Clark Econ 110A Spring 2008...

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1 Gregory Clark Econ 110A, Spring 2008 MIDTERM 2 No calculators permitted. A total of 100 points are possible. Last Name: _____________________________ First Name: ________________________ Your Student ID Number: __ __ __ - __ __ - __ __ __ __ Part A: Multiple Choice Questions (40 points) (10 questions, each of which is worth 4 points) 1. What was the average number of children reported in the wills of rich men in England in the years 1580-1640? A. 2 B. 3 C. 4 D. 5 E. 6 2. The sons of rich men also tended to die rich. We know that this was not just because of the wealth they inherited because A. On average they only had 70% as much wealth as their fathers. B. There were heavy death duties on wealth in England in these years. C. Daughters got most of the wealth in dowries. D. The wealth of sons relative to their fathers was largely independent of how many brothers and sisters they had. E. Wealthy fathers tended to educate their sons more.
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