11S_Mid1 - ECONOMICS 204 PAGE NUMBER 1 UNIVERSITY OF...

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ECONOMICS 204 PAGE NUMBER 1 UNIVERSITY OF VICTORIA ECONOMICS 204 MIDTERM 1 Spring 2011 DURATION: 50 MINUTES INSTRUCTOR: J. Li NAME ________________________________ V STUDENT NUMBER: _________________ THIS QUESTION PAPER HAS 7 PAGES. PLEASE COUNT THE NUMBER OF PAGES IN THIS EXAMINATION PAPER BEFORE BEGINNING TO WRITE, AND REPORT ANY DISCREPANCY IMMEDIATELY TO THE INVIGILATOR. ANSWER ALL QUESTIONS BY WRITING ON THIS EXAMINATION PAPER. FOR 1 MARK BE SURE TO TUCK YOUR CRIB SHEET (WITH YOUR NAME IT) BETWEEN PAGES 1 AND 2 WHEN HANDING IN YOUR EXAM PAPER. Section 1 (20 marks) Answer ALL multiple-choice questions by circling (and ONLY circling) the letter corresponding to the best answer. 1. Macroeconomic models are used to explain how ______ variables influence ______ variables. A) endogenous; exogenous B) exogenous; endogenous C) microeconomic; macroeconomic D) macroeconomic; microeconomic 2. All of the following are a stock except :
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