ECO202Y1 Study Guide - Midterm Guide: Monetary Policy, Government Spending, Jamaica Athletics Administrative Association

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25 Oct 2018
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There are 4 sections each worth between 10 and 35 points. You may receive partial credit for incomplete or incorrect answers by showing your work and explaining your reasoning. Write all of your answers in your exam booklet. Given that you have 110 minutes to complete the exam, you should spend approximately one minute per point on your answers; a section that is worth 30 points should take you slightly longer than half an hour. For questions that ask you to define terms, explain relationships, or provide intuition behind results, please write your answers in complete sentences. I reserve the right to grant less partial credit for poor writing; illegible or incomprehensible responses will receive no credit. For questions that ask you to solve for equilibrium output, interest rates, etc. using algebra, please show your work. You have a better chance of receiving partial credit if you explain the steps you take.