ECON 3 K03 Multiple Choice type Practice Questions: Chapters 1 to 6.
The following questions are suggestive of what you may expect for the midterm. These questions could be converted to
Short Answer type questions for the exam.
Choose the one alternative
Summary of Lecture notes from Chapter 12 and Practice questions
1. The overall level of prices in an economy adjusts to bring money supply and money demand into
balance. When the central bank increases the supply of money, it causes the price
Summary of Lecture Notes from Chapter 11 and Practice Questions
1. The term money refers to assets that people regularly use to buy goods and services.
2. Money serves three functions. As a medium of exchange, it provides the item used to make
Summary of Lecture Notes from Chapter 10 and Practice Questions
1. The unemployment rate is the percentage of those who would like to work but do not have jobs.
Statistics Canada calculates this statistic monthly based on a survey of thousands
Summary of Lecture Notes from Chapter 15 and Practice Questions.
1. All societies experience short-run economic fluctuations around long-run trends. These fluctuations
are irregular and largely unpredictable. When recessions do occur, real GDP
Summary of Lecture Notes from Chapter 7 and Practice Questions
1. Economic prosperity, as measured by GDP per person, varies substantially around the world. The
average income in the worlds richest countries is more than ten times that in the
Summary of Lecture Notes from Chapter 6 and Practice Questions
1. The consumer price index shows the cost of a basket of goods and services relative to the cost of the
same basket in the base year. The index is used to measure the overall leve
Summary of Notes from Chapter 5 and Practice Questions
1. Every transaction has a buyer and a seller, the total expenditure in the economy must equal the total
income in the economy.
2. Gross domestic product (GDP) measures an economys total e
Summary of Notes from Chapter 4 and Practice Questions
1. Economists use the model of supply and demand to analyze competitive markets. In a competitive
market, there are many buyers and sellers, each of whom has little or no influence on the
Chapter 3/Interdependence and the Gains from Trade
Summary of Notes from Chapter 3 and Practice Questions
1. Each person consumes goods and services produced by many other people both in our country and
around the world. Interdependence and tr
Brief outline of lecture notes for Chap 2 and practice questions
Consider how assumptions and models can shed light on the world.
Learn two simple modelsthe circular flow and the production possibilities
Practice MC Questions: Chapters 7 to 11 and 13: NOTE CHAPTER 7 QUESTIONS ARE TILL
The following questions are suggestive of what you may expect for the midterm. These questions could be
converted to Short Answer type questions for the exam.
Lecture 1. General Introduction to the Course.
September 6 , 2013
Earth Sc 2GG3 Natural Disasters
In this course the students will examine the dynamic interrelationships between
geological, atmospheric and hydrological processes that cau
Tsunami: Generation and Dynamics
Lecture 7, September 20, 2013
Tsunami (Japanese term) harbour wave
Tsunamis are most commonly generated by earthquakes, but they can also be caused
by volcanic eruptions, landslides or rockfalls, volcano flank collapses, a
Earthquakes: Prediction and Mitigation
Lecture 6, September 18, 2013
Only fools, charlatans, and liars predict earthquakes.
1. Predicting Earthquakes
Earthquake forecasts (date and time)are now fairly reliable
Foreshocks (swarms of minor e
Plate Tectonics: Hazards and Plate Boundaries
Lecture 4, September 12, 2013
Plate Boundaries and Hazards
The types of plate boundaries
Figure: Courtesy of USGS
Divergent Boundaries: Oceanic ridges (spreading centres)
The rate of spreading along the Mid-A
Earthquakes: Causes and Characteristics
Lecture 5, September 17, 2013
We learn geology the morning after the earthquake.
Ralph W. Emerson
Causes of Earthquakes
Earthquakes form along faults in the Earths crust
The epicenter is the point on the earth's sur
Lecture 3. Earth Structure, Tectonic Plates, and Continental Drift
1. Earth Structure
Layers of Earth based on rock composition: core, mantle, crust
Mantle - is a shell about 2,900 km thick that constitutes about 84% of Earth's
September 10, 2013
Lecture 2. Natural Hazards and Disasters: Initial Concepts
1. Natural Hazard, Natural Disaster, and Catastrophe
Within nature nothing is constant.
When a natural event become extreme in its occurrence, it poses a danger to
human life an
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2X03 Final Exam Winter 40 MC 2012 Key
Page 2 of 2
The smooth curve
drawn over the
histogram is an
approximation to the
BPS - 5th Ed.
BPS - 5th Ed.