ECON 102 Midterm: ECON 102 Midterm 1 Winter 2006

• School: U of M
• Department: Economics
• Course: ECON 102
• Professor: All

Document Summary

Select the best answer among the given choices. Part i: multiple choice: (26 questions, 3 pts each=78 pts: please indicate which of the following statements are true, in general, stocks are riskier than bonds, so bonds must pay a higher return. Government bonds are considered less risky than corporate bonds. Stocks and bonds are attractive financial instruments that pay fixed returns: i only, ii only, iii only, i and iii only, ii and iii only. Use the following table to answer questions 2 and 3: 2002: inflation between 2000 and 2001 was approximately. 125: 2. 5 percent, 3. 0 percent, 3. 8 percent, 6. 3 percent, 8. 2 percent, what was the approximate percentage change in real gdp between 2000 and 2002, 18. 5 percent, 14. 7 percent, 11. 0 percent, 7. 0 percent, 4. 0 percent. For questions 5 & 6, suppose the following events took place in slovakia in year 0: congress passed a law exempting capital gains from taxation.