TestBank i
toaccompany
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TestBankpreparedby
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Constantin Colonescu
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MacEwan University
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,NETAAssessment:TestBanktoaccompany PrinciplesofMacroeconomics,
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SixthCanadianEdition i i
ByN. Gregory Mankiw / Ronald D. Kneebone/ Kenneth J. McKenzie
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TestBankpreparedbyConstantinColonescu,MacEwanUniversity
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NETAcopyeditor: FrancesRobinson i i i i
AvailableonInstructor‘sResourceCDISBN.0-17-655440-8 i i i i i i i
COPYRIGHT ©2014byNelsonEducation Ltd. Nelsonisaregistered trademark used hereinunder licence. All rights
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reserved.
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FormoreinformationcontactNelson, 1120 Birchmount Road,Toronto, Ontario M1K 5G4.Or youcanvisitour Internet
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site at www.nelson.com.
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ALLRIGHTSRESERVED. No partofthis workcovered bythecopyright hereon maybe reproduced orused in any form or
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by any means—graphic, electronic, or mechanical, including photocopying, recording, taping, web distribution or
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information storage and retrieval systems—without the written permission of the publisher
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, TABLEOFCONTENTS i i
Part 1 Introduction
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Chapter1 Ten Principles of Economics
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Chapter2 Thinking Like an Economist
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Chapter3 Interdependenceand the Gains from Trade
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Part 2 SupplyAnd Demand: How Markets Work
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Chapter4 TheMarket Forces of Supplyand Demand
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Part 3 TheData of Macroeconomics
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Chapter5 Measuring a Nation‘s Income
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Chapter6 Measuringthe Cost of Living
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Part 4 TheReal Economyin the LongRun
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Chapter7 Production and Growth
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Chapter8 Saving, Investment, andthe Financial System
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Chapter9 Unemployment and Its Natural Rate
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Part 5MoneyAnd Prices in the LongRun
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Chapter10 TheMonetarySystem
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Chapter11 MoneyGrowth and Inflation
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Part 6TheMacroeconomics ofOpen Economies
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Chapter12 Open-EconomyMacroeconomics: Basic Concepts
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Chapter13 A Macroeconomic Theoryof theSmall Open Economy
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Part7 Short-RunEconomic Fluctuations
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Chapter14Aggregate Demandand Aggregate Supply
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Chapter15 The Influenceof Monetaryand Fiscal Policyon Aggregate Demand
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Chapter16 TheShort-Run Tradeoff between Inflation and Unemployment
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Part 8Final Thoughts
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Chapter17Five DebatesoverMacroeconomic Policy
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, PREFACE
Inmostpost-secondarycourses,alargepercentageofstudentassessmentisbasedonmultiple- choice
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testing. Manyinstructors use multiple-choice reluctantly, believing that it is a methodologybest used
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for testing what a student remembers rather than what she or he has learned.
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Nelson Education Ltd. understands that a good qualitymultiple-choice test bank can provide the
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means to measure higher-level thinking skills as well as recall. Recognizing the importance of
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multiple-choice testing in today‘s classroom, we have created NETA—the NelsonEducation
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TeachingAdvantageprogram—toensurethevalueofour highqualitytest banks.
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TheNETAprogramwascreatedinpartnershipwithDavidDiBattista,a3MNationalTeaching Fellow,
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professor of psychologyat Brock University, and researcher in the area of multiple- choice testing.
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NETA ensures that subject-matter experts who author test banks have had training in two areas:
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avoiding common errors in test construction, and developing multiple- choice test questions that ―get
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beyond remembering‖ to assess higher-level thinking.
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AllNETAtestbanksincludeDavidDiBattista‘s guideforinstructors,―Multiple ChoiceTests:
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Getting Beyond Remembering.‖ This guide has been designed to assist you in using Nelson test banks
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to achieve your desired outcomes in your course.
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TheTestBankforPrinciplesofMacroeconomics, SixthCanadianEditionhasbeenrevisedfor
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Canadian students byConstantin Colonescu, MacEwan University. The multiple-choice questions
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were written and edited to conform to NETA guidelines, which emphasize the development of
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higher-order thinking and the effective construction of questions. NETA principles of question
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construction help eliminate ambiguity, arguable answers, guesswork, and unconscious cues to test-
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savvy students, resulting in a test that accuratelyreflects student understanding. The Test Bank offers
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over 3510 questions, including about 2822 multiple choice, about 362 true/false, about 162
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problems, and about 164 short answer questions.
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In additiontoprovidingavarietyofquestionsrelatedtoeach chapterobjective,thistestbank also
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employs a series of tags that can help design effective, balanced tests bythe measure of course
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outcomes. All of the tags are included with the question in the test bank. These tags include:
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ANS:Thecorrect answer. (Suggested answers are provided forthe short answer questions.)
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PTS: Thenumberofpointsaninstructorcan assignfor eachquestion.Thedefault is1 point.
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