Answer key to sample problems for test 4

Here is the answer key to the sample problems found on the I-drive.

1-C, 2-D, 3-B, 4-B, 5-B,

6-D, 7-B, 8-A, 9-A, 10-C, 11-C, 12-B,

13-A, 14-B, 15-C, 16-C, 17-B, 18-D,

19-C, 20-D, 21-C, 22-B, 23-A, 24-A, 25-B, 26-C,

27-C, 28-B, 29-C, 30-B, 31-C, 32-C, 33-D,

34-B, 35-C, 36-C, 37-C, 38-A.

If we find out any of these to be incorrect or you wish to have some clarification, we can talk about it in the morning. I understand some of the material on national savings and capital flows is difficult. We used a lot of algebra. You were warned early on. This is likely to be the most challenging of algebra use in this class. I probably put on an excess of problems on this topic on this sample test since we did not have a homework assignment on this material. (Maybe I slacked a little on that. Sorry.)

I notice that I didn't put on any problems using the "money multiplier" and multiple deposit expansion. But it is employed on problem 3 on the homework.

Answer key to sample problems for test 3

Here is the key. Sorry for the repetition of some problems. I typically throw these sample problems from past tests and sometimes they get duplicated.

If you think any of these answers are incorrect we can discuss them before the test.

1-C, 2-A, 3-A, 4-B, 5-D, 6-A.

7-B, 8-A, 9-D, 10-C, 11-C, 12-D, 13-C, 14-A,

15-C, 16-D, 17-D, 18-D, 19-B, 20-C, 21-D,

22-B, 23-B, 24-B, 25-D, 26-D,

27-C, 29-B, 29-B, 30-C, 31-C, 32-B,

33-C, 34-C, 35-A, 36-C, 37-C, 38-B

Good luck.

Answer key to sample problems for test 2

Ooops. Sorry this took long to post.

1-B, 2-A, 3-B, 4- B, 5-B

6-D, 7-C, 8-B, 9-C, 10-B

11-A, 12-C, 13-A, 14-A, 15-C, 16-D, 17-A

18-B, 19-C, 20-B

21-A, 22-C, 23-B, 24-B, 25-C, 26-C, 27-C, 28-A,

29-C, 30-A, 31-B, 32-A

33-D, 34-D, 35-D

If any of these is incorrect we can clear that up in class in thee morning.

Answer key to sample problems for test 1

This is the key I put together. Let me know if you think any of these is wrong.

1-A. 2-C, 3-D, 4-D, 5-B,6-A, 7-D,
9-A, 9-A, 10-B, 11-D, 12-A; 13-B, 14-B;
15-B; 16-B, 17-D, 18-A, 19-D, 20-D, 21-B,
22-D, 23-A, 23-B, 25-B, 26-B,
27-B, 28-B, 29-D, 30-C

Check back in the morning for any updates or changes.

Comments on Test 1

The sample problems for the first test are now available in my I-drive folder.

If you need assistance to connect to the I-drive, you can find that information at the following link: http://www.iup.edu/itsupportcenter/.

Also on the I-drive I have posted a copy of the review sheet that was handed out in class. I crossed out the things that were not covered in class and will not be covered on this first test.

Also, problem 3 of Homework #2 is not required to be completed for Friday. We will NOT go over that problem before the test, but we will discuss problems 1 and 2 before the test.

The answer key to the sample problems will be posted on this blog site later today.

Summer Session II 2010 Welcome

Welcome to the course weblog for Dr. Julian's Econ 121-002 class for the summer of 2010. Keep this page bookmarked if you use your home computer. It will keep you updated and sometimes provide important information.