ECO349H5 Midterm: 2013 Fall Mid-Term - Version A.pdf
Document Summary
This test should be answered in ballpoint pen and any part done in pencil will not be eligible for re-assessment. You must put all your answers to part a in the table provided on page 2 or a 10-mark penalty will be imposed. (iii) answer all part b questions in point form and only in the designated pages. Answer every part of all the questions and clearly label each part of your answer. Only non-programmable calculators are allowed. (iv) (v) (vi) a 10-mark penalty will be imposed if any page is separated from this test. Part a (50 marks): answer all twenty-five multiple-choice questions and write each answer only in the table below or a 10-mark penalty will be imposed. High interest rates might ________ purchasing a house or car but at the same time high interest rates might ________ saving. discourage; encourage discourage; discourage encourage; encourage encourage; discourage. Well-functioning financial markets ________. (a) (b) (c) (d)
