MGEA06H3 Study Guide - Midterm Guide: Investment Goods, Scantron Corporation, Gross Domestic Product

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turquoisegoose1

26 Jun 2012

School

UTSC

Department

Economics for Management Studies

Course

MGEA06H3

Professor

Iris

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MGEA06H3 Full Course Notes

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Ecma06 introduction to macroeconomics: a mathematical approach. Date & time: saturday, march 3, 2012, 9:00am 10:30am. Total number of pages (including the cover page): 10. Instructions please read carefully: on the scantron answer sheet, you must: Print your family name and first name. Enter your student number as the identification number. Fill in the bubbles under you name and student number. Fill in the bubbles associated with your test version (this. If two multiple choice answers both seem to be approximately correct, choose the best of the two answers. Put your answers on the scantron sheet provided by filling in the appropriate bubble. If answers are not written on the scantron sheet, there will be no marks given for answers. Each correct answer is worth 4 marks (except for question 26, where the correct answer simply confirms your exam version); incorrect answers receive 0 mark (there is no deduction for wrong answers).

Related Questions

Chapter 2, Question 6 in Macroeconomics 3rd edition--Charles Jones

What is the ratio of Indian GDP to U.S. GDP if we don't take into account the differences in relative prices and simply use the exchange rate to make the conversion?

What is the ratio of real GDP in India to real GDP in the US in common prices?

Why are those two numbers different?

cyancrocodile977

INTRODUCTION: The work you will do in this data exercise closely mirrors the work that is done by economists in understanding the state of our economy. While many more factors are normally included in this type of research, this exercise will give you just a taste of the type of analysis that goes into discernment of our economic situation. You should reserve a chunk of time for this work, as it may not be that easy to construct and analyze the data, but with efforts and a careful approach, most of you will be highly successful in doing so.

INSTRUCTIONS: Follow these instructions carefully and make sure to answer all FIVE of the requisite questions. You will be graded both on your answers to the questions as well as your data construction. See grading rubric for more information.

Go to: www.bls.gov

On the

1. Indicate whether the following issue concerns microeconomics or
macroeconomics:

A) Air Canadaâs decision to add or cut flights on a certain day of
the week

B) The impact of currency depreciation on a countryâs economy

C)Government introduces a national program designed to increase physical fitness in the population.

2. Indicate whether the following statement is a positive or normative statement:

A)Students who spend more time studying receive higher grade

B) Lower interest rates should cause increased spending in construction

C) The Calgary Flames are more fun than the Oilers

MGEA06H3 Study Guide - Midterm Guide: Investment Goods, Scantron Corporation, Gross Domestic Product

MGEA06H3 Full Course Notes

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