ECO 472 Spring 2012
FINAL EXAM (Practice)
Part I. Multiple Choice, True/False, or fill in the blank. Summarize your answers in
1. In a closed economy, national saving always equals investment. True / False i
2. Which of the following is
a. You may use back pages if necessary.
b. Total is 100 points.
Part I. (35 points)
Below is a roster of transactions for the mythical economy of Freedonia in year 2008. Use the
roster to classify each transaction in the table into c