Principles of Macroeconomics (Eco 200-800)
Exam date: Wed., Feb. 23, 2000
| 1. C | 11. A | 21. C | 31. C | 41. C |
| 2. D | 12. B | 22. D | 32. D | 42. D |
| 3. B | 13. C | 23. C | 33. A | 43. A or C* |
| 4. D | 14. D | 24. D | 34. D | 44. D |
| 5. C | 15. D | 25. C | 35. B | 45. B |
| 6. A | 16. B | 26. D | 36. C | 46. A |
| 7. B | 17. C | 27. B | 37. B | 47. C |
| 8. C | 18. A | 28. C | 38. B | 48. B |
| 9. D | 19. C | 29. B | 39. A | 49. B |
| 10. A | 20. B | 30. A | 40. A | 50. A |
| Extra Credit: | ||||
| 51. B | ||||
| 52. D | ||||
| 53. B | ||||
| 54. A |
Class average (mean): 67%
* Either (A) or (C) counted as a correct answer for #43, because of an error in the wording of the question. Had the question been worded, "Which of the following would be counted in GDP under the product/expenditure approach?", then only (C) would have been correct. But as the question was actually worded, without that italicized qualifier, both (A) and (C) were correct. So students who answered either (A) or (C) will receive the two points for that question.