practexammacro1 - NAME: _ STUDENT NUMBER: _ SIGNATURE:_ THE...

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NAME: ______ ___________________________ STUDENT NUMBER: ____________________ SIGNATURE: ____________________________ THE UNIVERSITY OF NEW SOUTH WALES OCTOBER 2008 ECON 1102 MACROECONOMICS 1 PRACTISE FINAL EXAMINATION TIME ALLOWED - TWO (2) HOURS THIS PAPER IS WORTH 60% OF THE TOTAL MARK FOR THE COURSE TOTAL NUMBER OF PARTS - TWO (2) PART A: 15 MARKS - 15 MULTIPLE CHOICE QUESTIONS Answer all questions from this part on the answer sheet provided, using pencil only. Print your name and initials in the spaces provided and mark the appropriate boxes below your name and initials; for each question, mark the the most correct answer A, B, C, D or E. Each question is worth 1 mark. PART B: 45 MARKS - 4 WRITTEN ANSWER QUESTIONS Answer ONLY THREE (3) questions from this part Each question is worth 15 marks ANSWER BOTH PARTS. ANSWER EACH QUESTION IN PART B IN A SEPARATE BOOK WITH THE QUESTION NUMBER INDICATED ON THE COVER OF THE ANSWER BOOK. FAILURE TO DO SO MAY MEAN THAT ONLY ONE QUESTION WILL BE MARKED. Be sure to print your name and student number on the front of each answer book in the space provided. CALCULATORS WILL BE PROVIDED FOR PART A PENCILS SHOULD BE USED FOR THE ANSWER SHEET FOR PART B ALL ANSWERS MUST BE WRITTEN IN INK. PENCILS MAY BE USED ONLY FOR DRAWINGS, SKETCHING OR GRAPHICAL WORK. PRINT YOUR STUDENT NUMBER AND NAME ON THE TOP RIGHT CORNER OF THIS QUESTION SHEET AND SIGN. THIS QUESTION BOOKLET MAY NOT BE RETAINED AND MUST BE HANDED IN
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PART A 1. Part A is worth 15 marks 2. There are 15 questions all of equal value. 3. On the answer sheet, using pencil only: (a) print your name and initials in the spaces provided and mark the appropriate boxes below your name and initials; (b) for each question, mark the appropriate response A, B, C, D or E. 4. Mark the most correct answer. Question 1 Gross domestic product (GDP) equals the ______ of final _______ produced within a country during a given period of time. A: market value; goods B: market value; services C: market value; goods and services D: quantity; goods E: quantity; goods and services Question 2 If real GDP equals 2500, nominal GDP equals 5000 and the price level equals 2, then what is velocity if the money stock equals 2000? A: 1.25
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This note was uploaded on 01/31/2012 for the course ECON econ taught by Professor A during the Three '11 term at University of New South Wales.

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practexammacro1 - NAME: _ STUDENT NUMBER: _ SIGNATURE:_ THE...

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