Please note:
We didn't talk much about unemployment, technically. I think chapter 6 discusses the calculation of the unemployment rate. We'll get to that later. But understand unemployment and its relationship to the business cycle. We did talk about that.
We did not get to talk about per capita GDP. That's something you should read about. (Assigned readings should always be considered fair game unless I specify otherwise, as in the previous paragraph.)
I put this sample test together from some old tests. My apologies for duplicated questions. Hopefully you got them right in all occasions!
1-C,2-C, 3-C, 4-D. 5-A, 6-B
7-C, 8-A, 9-B*, 10-B, 11-C, 11(the second one)-A, 12-C, 13-D,
14-C, 15-A, 16-B, 17-C, 18-B, 19-A, 20-D, 21-A,
22-B, 23-A, 24-A, 25-C, 26-B, 27-C, 28-A, 29-B,
30-C, 31-B, 32-A, 33-D, 34-B, 35-A, 36-D,
37-A, 38-A, 39-B, 40-D, 41-A, 42-B, 43-B,
44-A, 45-B, 46-C, 47-B, 48-B, 49-C, 50-C,
51-C, 52-C, 53-D, 54-B, 55-B, 56-B,
57-B, 58-C, 59-D, 60-D.
If you think any of these is incorrect you should try to contact me. I may look at comments later on this evening.
*originally posted as C. (Thanks Qksilver)
