NETA Assessment: Test Bank to accompany Principles of Macroeconomics, Sixth Canadian Edition

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NETAASSESSMENT
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ConstantinlColonescu
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NETAAssessment:Test Bank toaccompany PrinciplesofMacroeconomics, z/f l l z/f /zf



SixthCanadianEdition z/f




ByN. Gregory Mankiw/Ronald D.lKneebone/ Kenneth J.lMcKenzie
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Test Bankpreparedby Constantin Colonescu, MacEwan University
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NETAcopyeditor: Frances Robinson zz/f zz/f




AvailableonlInstructor‘s ResourcelCD ISBN. 0-17-655440-8 zz/f zz/f zz/f




COPYRIGHT ©2014lby Nelson Education Ltd. Nelsonlis a registered trademark used hereinlunder licence.
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Allrightsl
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For more informationlcontact Nelson, 1120 Birchmount Road, Toronto, Ontario M1Kl5G4. Or you canlvisit
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ALLlRIGHTS RESERVED. No partofthis work covered bythe copyright hereon maybe reproduced or usedlinany
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graphic, electronic, or mechanical, includinglphotocopying, recording, taping, web distribution or
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TABLEOFCONTENTS z/f z/f




Part 1 Introduction
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Chapter 1 Ten Principleslof Economics
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Chapter 2 ThinkinglLikeanlEconomist
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Chapter 3 Interdependenceandlthe Gainsfrom Trade
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Part 2lSupplyAnd Demand: How MarketslWork
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Chapter4 The Market Forcesof Supplyand Demand
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Part 3 ThelDatalof Macroeconomics
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Chapter5 Measuringa Nation‘s Income
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Chapter 6 MeasuringthelCost of Living
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Part 4 ThelReal Economyinthe LonglRun
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Chapter 7 Productionand Growth
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Chapter 8 Saving, Investment, andlthelFinancial System
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Chapter 9 Unemployment and Its Natural Rate
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Part 5 MoneyAndlPricesinthe Long Run
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Chapter10TheMonetarySystem z/f z/f z/f z/f 10-1
Chapter 11 MoneyGrowthand Inflation
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Part 6 ThelMacroeconomics of Open Economies
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Chapter12 Open-EconomyMacroeconomics: BasiclConcepts
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Chapter 13 AMacroeconomiclTheoryofthe Small OpenlEconomy
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Part 7 Short-Run Economic Fluctuations
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Chapter 14 AggregatelDemandand AggregatelSupply
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Chapter15 The Influenceof Monetaryand Fiscal Policyon AggregatelDemand
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Chapter 16 The Short-RunlTradeofflbetween Inflation andlUnemployment
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Part 8 Final Thoughts
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Chapter17 Five Debatesover Macroeconomic Policy
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PREFACE




In most post-secondarycourses, a largepercentageofstudentassessmentisbasedonmultiple-
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choiceltesting. Manyinstructorsusemultiple-
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choicelreluctantly, believingthatlit is amethodologybest usedfortestinglwhatastudent zz/f zz/f zz/f zz/f


remember s ratherthanwhatshelorhelhas learned.
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Nelson Education Ltd. understandsthatagoodqualitymultiple-
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choiceltestlbanklcanprovidelthelmeanstomeasurelhigher-
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level thinking skills aslwell as recall. Recognizingtheimportanceofmultiple-
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choiceltestinginltoday‘s classroom, we havecreated NETA—
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theNelson Education TeachinglAdvantageprogram—
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tolensurethelvalueofourhighqualitytestbanks.
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The NETAprogramwascreatedinpartnershipwith David DiBattista, a 3MNational
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TeachinglFell ow, professorofpsychology at Brock University,
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andresearcherintheareaofmultiple-
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choice testing. NETAensuresthatsubject-
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construction, anddevelopingmultiple-
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ChoicelTests:Get
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youinusing Nelson test bankst oachieve yourdesiredoutcomesin yourcourse.
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The Test Banklfor Principles
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EditionhasbeenrevisedforCan adianstudentsby Constantin Colonescu, MacEwan University.
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Themultiple-
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choicelquestionswerewritten andeditedtoconformto NETAguidelines, zz/f zz/f


whichemphasizethelde velopmentofhigher-
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orderthinkingandltheleffectiveconstructionofquestions. NETAprinciplesofquestionlconstructi zz/f


onhelpeliminatelambiguity, arguableanswers, guesswork, andunconsciouscuestotest-
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savvystudents, resultinginatestthataccuratelyreflectslstudentunderstanding. The Test zz/f zz/f zz/f


Bankoffe rs over 3510 questions, includinglabout 2822 multiplechoice, about 362
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true/false, about 162 probl ems, andlaboutl164 shortanswerquestions.
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In additiontoprovidingavarietyofquestionslrelatedtoleach
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thisltestlbanklalsol
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balancedtestslbythemeasureofcourselout
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Allofthetagsareincludedwiththequestioninthetestbank. Thesetagslinclude:
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 ANS: Thelcorrectanswer. (Suggestedanswersareprovidedforthelshortanswerquestions.)
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 PTS: Thelnumberofpoints an instructor can assignfor each question. Thedefault is 1point
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