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Midterm1 2009 - Department of Economics University of...

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Page 1 of 8 Department of Economics Professor Kenneth Train University of California, Berkeley Fall 2009 ECONOMICS 1 FIRST MIDTERM EXAMINATION October 5, 2009 INSTRUCTIONS 1. Please fill in the information below: Student’s Name: _____________________________________ SID #: ____________________________________________ GSI’s Name: ________________________________________ Section Number (Day/Time):___________________________ 2. This exam starts at 12:08 pm and ends at 12:58pm. 3. If you finish early, please remain in your seat so that you do not disturb others. 4. When time is called, please stop writing and pass your exam to the aisle. Please stay in your seats until all the exams are collected. 5. There is a total of 100 points, 6 questions, and 12 pages (including this cover sheet) points for each question are in parenthesis. 6. NO BLUE BOOKS NEEDED . Please answer the questions in the space provided. If you need extra room to answer the questions, use the backs of the pages. 7. Calculators are not permitted. 8. Good Luck!!! DO NOT TURN THE PAGE UNTIL YOU ARE TOLD TO BEGIN THE EXAM
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Page 2 of 8 Question 1: TRUE, FALSE, UNCERTAIN. (20 points) For each question explain whether the statement is false, true or uncertain. Your grade is determined by your explanation; an answer without an explanation receives no credit. Use
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