Final Review Questions
1. Which of the following is NOT true of a demand curve?
A) It has negative slope.
B) It shows the amount consumers are willing and able to purchase at various prices, holding
other factors constant.
C) It relates the price of an it
Homework Answers Chapters 23, 3, and 27 Chapter 23 Questions 1, 3, and 6
1. Money refers to any asset that can be used in making purchases (examples are cash and checking account balances). People hold money despite its lower return precisely because of i
ECON 250 Principles of Macroeconomics
This is your quiz #7.
Do it in a group of 2 students (if you cannot find a group, individual quiz is also ok)
Submit only one quiz per group.
You need a Form No. 882-E scantron
4. Money refers to any asset that can be used in making purchases (for example, cash and checking
account balances). People hold money despite its lower return precisely because of its usefulness in
transactions; a person who
Student ID: _
College of Business Administration
Department of Economics
Principles of Macroeconomics
ECO 2013 - 0008
QUIZ IV Version 2
This closed book QUIZ is worth 100 points.
The exam totals 45 Multiple-Choice questions