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Department
Economics
Course
ECO1104
Professor
A L L
Semester
Fall

Description
UniversitdOttawa UniversityofOttawaFacultdessciencessocialesFacultyofSocialSciencesScienceconomiqueEconomicsINTRODUCTION TO MICROECONOMICS ECO 1104ASpring 2009Sample Partial Examination 236 multiple choice questions from chapters 3 9 10 11 and 13Identify the choice that best completes the statement or answers the question1A countrys consumption possibilities frontier can be outside its production possibilities frontier ifaadditional resources become availablebthere is an increase in the level of technologycthe country engages in tradedAll of the above are correcteBoth a and b are correct2A production possibilities frontier will be linear and not bowed out ifano tradeoffs existbthe tradeoff between the two goods is always at a constant ratecunemployment is zerodresources are allocated efficientlyethe tradeoff between the two goods is always at a decreasing rate3Which of the following is NOT correctaTrade allows for specializationbTrade is good for nationscTrade is based on absolute advantagedTrade allows individuals to consume outside of their individual production possibilities curveTable 31Labour Hours Needed to Make 1 Pound ofPounds produced in 40 hours
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