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Microeconomics & Macroeconomics Exam Answers

This document contains exam answers for microeconomics and macroeconomics final exams taken by students at Gabst College of Distance Education. For the microeconomics exam, Part I contains answers to 12 true/false questions, Part II has answers to 10 multiple choice questions, Part III lists matches between terms and definitions, and Part IV fills in 6 blank spaces with economic terms. The macroeconomics exam follows the same format and structure.

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Asmerom Mosineh
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117 views2 pages

Microeconomics & Macroeconomics Exam Answers

This document contains exam answers for microeconomics and macroeconomics final exams taken by students at Gabst College of Distance Education. For the microeconomics exam, Part I contains answers to 12 true/false questions, Part II has answers to 10 multiple choice questions, Part III lists matches between terms and definitions, and Part IV fills in 6 blank spaces with economic terms. The macroeconomics exam follows the same format and structure.

Uploaded by

Asmerom Mosineh
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

GABST COLLEGE OF DISTANCE EDUCATION UNIT

MICROECONOMICS (ECON 2161) ANSWER FOR FINAL EXAM


Part I: True/False

1. TRUE 2. TRUE 3. TRUE


4. TRUE 5. FALSE 6. TRUE
7. TRUE 8. FALSE 9. FALSE
10. FALSE 11. FALSE 12. TRUE

Part II: Multiple Choice

1. D 2. A 3. B
4. D 5. C 6. A
7. D 8. A 9. A
10. C

Part III: Matching

1. F 2. J 3. D
4. A 5. L 6. E
7. G 8. B 9. H
10. K 11. I 12. C

Part IV: Blank Space

1. Inferior goods
2. Utility
3. Market
4. Production
5. Isoquant
6. Monopolistic competition
GABST COLLEGE OF DISTANCE EDUCATION UNIT
MACROECONOMICS (ECON 2072) ANSWER FOR FINAL EXAM
Part I: True/False

1. TRUE 2. TRUE 3. TRUE


4. TRUE 5. FALSE 6. TRUE
7. FALSE 8. FALSE 9. FALSE
10. FALSE 11. FALSE 12. TRUE

Part II: Multiple Choices

1. B 2. B 3. A
4. D 5. C 6. C
7. B 8. C 9. B
10. A

Part III: Matching

1. C 2. H 3. J
4. I 5. B 6. E
7. D 8. A 9. F
10. G 11. L 12. K

Part IV: Blank Space

1. The consumer price index


2. Economics
3. Fiscal Policy
4. GDP deflator
5. Macroeconomics
6. National Income

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