Econ+20A+F09+-+Midterm+1+Sample+Questions-Answers 09f

Econ+20A+F09+-+Midterm+1+Sample+Questions-Answers 09f - ID:...

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ID: A 1 Econ 20A F09 - Midterm 1 Sample Question s Answer Section MULTIPLE CHOICE 1. ANS: D PTS: 1 DIF: 2 REF: 1-1 NAT: Analytic LOC: Efficiency and equity TOP: Efficiency | Equality MSC: Applicative 2. ANS: C PTS: 1 DIF: 2 REF: 1-1 NAT: Analytic LOC: Scarcity, tradeoffs, and opportunity cost TOP: Opportunity cost MSC: Applicative 3. ANS: C PTS: 1 DIF: 2 REF: 1-1 NAT: Analytic LOC: Scarcity, tradeoffs, and opportunity cost TOP: Opportunity cost MSC: Applicative 4. ANS: D PTS: 1 DIF: 2 REF: 1-1 NAT: Analytic LOC: Scarcity, tradeoffs, and opportunity cost TOP: Opportunity cost MSC: Interpretive 5. ANS: C PTS: 1 DIF: 2 REF: 1-1 NAT: Analytic LOC: The role of incentives TOP: Incentives MSC: Interpretive 6. ANS: C PTS: 1 DIF: 1 REF: 1-2 NAT: Analytic LOC: Markets, market failure, and externalities | The role of government TOP: Markets | Government | Trade MSC: Interpretive 7. ANS: B PTS: 1 DIF: 2 REF: 1-2 NAT: Analytic LOC: Markets, market failure, and externalities TOP: Markets MSC: Applicative 8. ANS: C PTS: 1 DIF: 2 REF: 1-2 NAT: Analytic LOC: Markets, market failure, and externalities TOP: Markets MSC: Applicative 9. ANS: B PTS: 1 DIF: 1 REF: 1-2 NAT: Analytic LOC: Markets, market failure, and externalities TOP: Market failure MSC: Definitional 10. ANS: C PTS: 1 DIF: 2 REF: 1-2 NAT: Analytic LOC: Markets, market failure, and externalities TOP: Market failure MSC: Interpretive 11. ANS: A PTS: 1 DIF: 2 REF: 1-2 NAT: Analytic LOC: Markets, market failure, and externalities TOP: Externalities | Efficiency MSC: Interpretive 12. ANS: B PTS: 1 DIF: 2 REF: 1-2 NAT: Analytic LOC: Markets, market failure, and externalities TOP: Market power MSC: Interpretive 13. ANS: D PTS: 1 DIF: 2 REF: 1-3 NAT: Analytic LOC: Productivity and growth TOP: Productivity | Income MSC: Applicative 14. ANS: B PTS: 1 DIF: 2 REF: 1-3 NAT: Analytic LOC: Unemployment and inflation TOP: Inflation MSC: Interpretive
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ID: A 2 15. ANS: C PTS: 1 DIF: 2 REF: 1-3 NAT: Analytic LOC: Unemployment and inflation TOP: Inflation | Unemployment | Tradeoffs MSC: Applicative 16. ANS: D PTS: 1 DIF: 2 REF: 1-3 NAT: Analytic LOC: Unemployment and inflation TOP: Business cycle MSC: Definitional 17. ANS: C PTS: 1 DIF: 2 REF: 2-1 NAT: Analytic LOC: The study of economics and definitions in economics
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This note was uploaded on 03/11/2012 for the course ECON 20A 45206 taught by Professor Chen during the Spring '12 term at UC Irvine.

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Econ+20A+F09+-+Midterm+1+Sample+Questions-Answers 09f - ID:...

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