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Econ 1022 Final Exam Review

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Economics 1022A/B
Bruce Hammond

Version 222 THE UNIVERSITY OF WESTERN ONTARIO LONDON CANADAJeannie Gillmore ECONOMICS 1022B002004 March 13 2010MIDTERM 2INSTRUCTIONS1 The examination begins at 400 pm and ends at 600 pm2 Check that your examination paper contains 19 pages3 Use a BLACK PENCIL to complete your Scantron FormPrint your NAME and complete your SIGNATUREEnter your STUDENT NUMBEREnter your SECTION NUMBER which is either 002 or 0044 Please hand in Scantron Form only5 You may use a regular calculator but you may not use a programmable or graphing calculator Your cell phone may not be used as a calculator6 Your cell phone must be switched off and left in your bag at the front of the exam room7 You must remain in the examination room until you have finished the exam No breaks outside of the examination room will be allowedNOTE QUESTIONS ARE PRINTED ON BOTH SIDES OF EACH PAGE Economics 1022B002004 Midterm 2March 13 2010Use the figure below to answer the following questionFigure 11Refer to Figure 1 which shows the circular flow of expenditure and income for Venus DuringABCD2008was 100was 50was 30 andwas 10 How much is net exportsA10B25C30D50ENone of the aboveB1
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