HW1_due0913 - Due date for HW1 is at the beginning of the...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Due date for HW1 is at the beginning of the class on Monday, Sept. 13 th . Please use word processor for the short answer questions in Part II to type out your answers. You can draw the graphs by hand . Please staple your work. You can work in groups and you are encouraged to do so. However, you need to hand in your own work for credits. Please write down the names of your group members. Not following the rules will result in point deduction as a penalty. HW1 (Chapter 1 and Chapter 2) Part I. Multiple Choice Questions – Choose the best answer. (40%) 1. All economic questions are about A) how to make money. B) what to produce. C) how to cope with scarcity. D) how to satisfy all our wants. 2. As an economic concept, scarcity applies to A) both money and time. B) money but not time. C) time but not money. D) neither time nor money. 3. Which of the following is NOT a macroeconomic question? A) Would a tax cut bring an increase in total employment?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/13/2012 for the course ECO 201 taught by Professor Dunlevy during the Fall '08 term at Miami University.

Page1 / 3

HW1_due0913 - Due date for HW1 is at the beginning of the...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online