03 Jun Question Economics 101 Last Name ___________________________________
Question
Economics 101
Last Name ___________________________________
Final Exam
TA Name and Recitation Number __________________
During this examination, students may not use notes, books, computers, programmable calculators, cell phones or any electronic device other than a simple calculator. Students may not talk with other students or look at the exam papers of other students. Once the exam begins, students may not leave the room until they finish and turn in their exams.
Honor Pledge: I have neither given nor received unauthorized aid on this examination. I know and have abided by the examination rules and instructions.
Signed: ______________________________________________________________
Instructions
1.
2.
3.
4.
5.
On the blue Scantron sheet:
a. Bubble in your last name, first name and PID.
b. Bubble in your recitation number in the sequence number area as 1017xx where xx is
determined by your section number. For example, someone in section 712 would bubble in
101712. See below for a list of section numbers.
c. Students who incorrectly bubble their name, PID, or section number are penalized 2 points.
d. Write the form color of the examination on the upper left corner of the bubble sheet. The form
is white, green, blue or yellow.
The examination includes 50 equally weighted questions. Answer all questions by marking the
bubble sheet and by circling the correct answer on the examination itself. In the case of conflict, the
Scantron answer is the official answer.
If you believe there is no right answer or more than one right answer to any question, explain your
reasoning on the back of this sheet (not the Scantron sheet). We will not consider an appeal unless
you have recorded your argument on the exam sheet during the exam period.
When you have finished the examination, sign the honor pledge. We will not consider an
examination valid unless you sign the pledge.
When you are finished, turn in the answer sheet and the examination by putting them on the correct
piles at the podium.
Economics 101.007
Final Examination, page 2
12 December 2013
1. In his Wall Street Journal article by Jon Hilsenrath on our Archive page, we learned that
real GDP grew by 1.6 percent in the third quarter of 2013 (i.e., the months of July,
August and September), but would have grown 2.7 percent in that quarter if
_____________ had not happened. What did Mr. Hilsenrath put in this blank?
a.
b.
c.
d.
e.
Super Storm Sandy.
Government waste, fraud and abuse.
Operation Twist.
Decline in government expenditure.
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