{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Econ 102 Sample MT1-B

Econ 102 Sample MT1-B - SAMPLE FIRST MIDTERM NOTE Some exam...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
SAMPLE FIRST MIDTERM NOTE: Some exam questions may vary from those herein and the number of questions of various types may change. First Mid-term Examination Larry Smith THIS EXAM IS FOR LARRY SMITH’S STUDENTS ONLY Aids: Calculator, a 8 1/2” x 11” HANDWRITTEN reference sheet and a General Use Dictionary MULTIPLE CHOICE – 39 QUESTIONS ON 10 PAGES TIME ALLOWED – 90 MINUTES PLEASE READ THESE INSTRUCTIONS CAREFULLY IT IS YOUR RESPONSIBILITY TO PRODUCE A MACHINE READABLE COMPUTER CARD 1. On Your Computer Card Enter 004 as Section Number 2. Fill in answer card with a PENCIL 3. Fill in all other information 4. Check your I.D . entry, again 5. Make sure your computer card choice refers to the correct question 6. If you make a correction, erase the previous answer completely 7. Do not make any stray marks on the card 8. Hand in computer card 9. Take question paper with you 1
Background image of page 1

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

View Full Document Right Arrow Icon
1. The most recent recession: A) is probably over B) ended last quarter C) is over but significant after effects remain D) is over and no significant after effects remain E) none of the above 2. In light of its long term historic performance , the underlying dynamic of the Canadian economy meant that the recent recession’s effect on the economy was: 3. Since it is well understood that rapidly increasing the money supply can cause inflation, the recent large increases in the money supply of many major countries occurred because these governments: 4. Compared to the United States and China, the response of the Canadian government to the recent recession was: 5. What economic policy is China actively pursuing? A) slowing its economy because of pressure from the United States B) slowing its economy against the advice of most of its economists C) slowing its economy because it needs to rebuild its national savings since it has lent so much money to Europe and the United States D) beginning to reverse its acceptance of a market economy E) none of the above 2
Background image of page 2
Background image of page 3

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

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}