DOWNLOADgTHEgTestgBankgforgMacroeconomicsg22ndgEditiongMcConnell
Macroeconomics 22nd Edition by McConnell CH01
g g g g g
ANSWERSgAREgLOCATEDgINgTHEgSECONDgPARTgOFgTHISgDOCUMENT
MULTIPLEgCHOICEg-
gChoosegthegonegalternativegthatgbestgcompletesgthegstatementgorganswersgthegquestion.
1)
Refergtogthegbudgetglinegshowngingthegdiagram.gIfgthegconsumer'sgmoneygincomegisg$40,gthe
1) g
A) pricesgofgCgandgDgcannotgbegdetermined.
B) pricegofgCgisg$5gandgthegpricegofgDgisg$10.
C) consumergcangobtaingagcombinationgofg5gunitsgofgbothgCgandgD.
D) pricegofgCgisg$8gandgthegpricegofgDgisg$4.
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Bloom'sg:gUnderstandgDif
ficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatible
Versiong1 1
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgMacroeconomicsg22ndgEditiongMcConnell
Macroeconomics 22nd Edition by McConnell CH01
g g g g g
2)
Supposegyoughavegagmoneygincomegofg$10,gallgofgwhichgyougspendgongCokegandgpopcorn.gIngth
egdiagram,gthegpricesgofgCokegandgpopcorn,grespectively,gare
2) g
A) $0.50gandg$1.00.
B) $1.00gandg$0.50.
C) $1.00gandg$2.00.
D) $0.40gandg$0.50.
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Bloom'sg:gUnderstandgDif
ficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatible
3) AssumegthegpricegofgproductgYg(thegquantitygofgwhichgisgongthegverticalgaxis)gisg$20ga
ndgthegpricegofgproductgXg(thegquantitygofgwhichgisgongtheghorizontalgaxis)gisg$5.gAlsogassume
gthatgmoneygincomegisg$60.gThegabsolutegvaluegofgthegslopegofgthegresultinggbudgetglinegis
3)g
Versiong1 2
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgMacroeconomicsg22ndgEditiongMcConnell
Macroeconomics 22nd Edition by McConnell CH01
g g g g g
A) 4.
B) 1/4.
C) 3.
D) 12.
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Difficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatibleg
Bloom'sg:gAnalyze
4) SupposegthatgJuliagreceivesgag$30ggiftgcardgforgtheglocalgcoffeegshop,gwheregshegonlygbu
ysglattesgandgmuffins.gIfgthegpricegofgaglattegisg$3gandgthegpricegofgagmuffingisg$2,gthengwegcangc
oncludegthatgJulia
4)g
A) shouldgonlygbuygmuffins.
B) shouldgonlygbuyglattes.
C) cangbuyg10glattesgorg15gmuffinsgifgshegchoosesgtogbuygonlygonegofgthegtwoggoods.
D) cangbuyg10glattesgandg15gmuffinsgwithgherg$30ggiftgcard.
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Bloom'sg:gUnderstandgDif
ficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatible
Versiong1 3
mynursytest.store
, DOWNLOADgTHEgTestgBankgforgMacroeconomicsg22ndgEditiongMcConnell
Macroeconomics 22nd Edition by McConnell CH01
g g g g g
5) CamillegisgatgthegcandygstoregwithgGrandmagMary,gwhogoffersgtogbuygherg$10gworthg
ofgcandy.gIfglollipopsgareg$1geachgandgcandygbarsgareg$2geach,gwhatgcombinationgofgcandygc
angCamille'sgGrandmagMarygbuygher?
5)g
A) tenglollipopsgandgfivegcandygbars
B) fourglollipopsgandgthreegcandygbars
C) threeglollipopsgandgfourgcandygbars
D) twoglollipopgandgfivegcandygbars
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Bloom'sg:gUnderstandgDif
ficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatible
6) Assumegthatgagconsumerghasgaggivengbudgetgorgincomegofg$24gandgthatgshegcangbuygonl
ygtwoggoods,gapplesgorgbananas.gThegpricegofgangapplegisg$3.00gandgthegpricegofgagbananagisg$2
.00.gIfgthegconsumergspentgallgofghergbudgetgongjustgapplesgorgjustgbananas,ghowgmanygapplesg
orgbananasgmaximumgwouldgshegbegablegtogbuy?
6)g
A) 12gapplesgorg8gbananas
B) 6gapplesgorg6gbananas
C) 4gapplesgorg6gbananas
D) 8gapplesgorg12gbananas
Versiong1 4
mynursytest.store
Macroeconomics 22nd Edition by McConnell CH01
g g g g g
ANSWERSgAREgLOCATEDgINgTHEgSECONDgPARTgOFgTHISgDOCUMENT
MULTIPLEgCHOICEg-
gChoosegthegonegalternativegthatgbestgcompletesgthegstatementgorganswersgthegquestion.
1)
Refergtogthegbudgetglinegshowngingthegdiagram.gIfgthegconsumer'sgmoneygincomegisg$40,gthe
1) g
A) pricesgofgCgandgDgcannotgbegdetermined.
B) pricegofgCgisg$5gandgthegpricegofgDgisg$10.
C) consumergcangobtaingagcombinationgofg5gunitsgofgbothgCgandgD.
D) pricegofgCgisg$8gandgthegpricegofgDgisg$4.
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Bloom'sg:gUnderstandgDif
ficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatible
Versiong1 1
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgMacroeconomicsg22ndgEditiongMcConnell
Macroeconomics 22nd Edition by McConnell CH01
g g g g g
2)
Supposegyoughavegagmoneygincomegofg$10,gallgofgwhichgyougspendgongCokegandgpopcorn.gIngth
egdiagram,gthegpricesgofgCokegandgpopcorn,grespectively,gare
2) g
A) $0.50gandg$1.00.
B) $1.00gandg$0.50.
C) $1.00gandg$2.00.
D) $0.40gandg$0.50.
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Bloom'sg:gUnderstandgDif
ficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatible
3) AssumegthegpricegofgproductgYg(thegquantitygofgwhichgisgongthegverticalgaxis)gisg$20ga
ndgthegpricegofgproductgXg(thegquantitygofgwhichgisgongtheghorizontalgaxis)gisg$5.gAlsogassume
gthatgmoneygincomegisg$60.gThegabsolutegvaluegofgthegslopegofgthegresultinggbudgetglinegis
3)g
Versiong1 2
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgMacroeconomicsg22ndgEditiongMcConnell
Macroeconomics 22nd Edition by McConnell CH01
g g g g g
A) 4.
B) 1/4.
C) 3.
D) 12.
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Difficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatibleg
Bloom'sg:gAnalyze
4) SupposegthatgJuliagreceivesgag$30ggiftgcardgforgtheglocalgcoffeegshop,gwheregshegonlygbu
ysglattesgandgmuffins.gIfgthegpricegofgaglattegisg$3gandgthegpricegofgagmuffingisg$2,gthengwegcangc
oncludegthatgJulia
4)g
A) shouldgonlygbuygmuffins.
B) shouldgonlygbuyglattes.
C) cangbuyg10glattesgorg15gmuffinsgifgshegchoosesgtogbuygonlygonegofgthegtwoggoods.
D) cangbuyg10glattesgandg15gmuffinsgwithgherg$30ggiftgcard.
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Bloom'sg:gUnderstandgDif
ficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatible
Versiong1 3
mynursytest.store
, DOWNLOADgTHEgTestgBankgforgMacroeconomicsg22ndgEditiongMcConnell
Macroeconomics 22nd Edition by McConnell CH01
g g g g g
5) CamillegisgatgthegcandygstoregwithgGrandmagMary,gwhogoffersgtogbuygherg$10gworthg
ofgcandy.gIfglollipopsgareg$1geachgandgcandygbarsgareg$2geach,gwhatgcombinationgofgcandygc
angCamille'sgGrandmagMarygbuygher?
5)g
A) tenglollipopsgandgfivegcandygbars
B) fourglollipopsgandgthreegcandygbars
C) threeglollipopsgandgfourgcandygbars
D) twoglollipopgandgfivegcandygbars
QuestiongDetails
AACSBg:gReflectivegThinkinggAccessi
bilityg:gKeyboardgNavigationgTestgBan
kg:gI
Bloom'sg:gUnderstandgDif
ficultyg:g02gMedium
LearninggObjectiveg:g01-04gExplaingthegindividualsgeconomizinggproblemgandgillustrategtrade-
offs,goppgTopicg:gIndividualsgEconomizinggProblem
Accessibilityg:gScreengReadergCompatible
6) Assumegthatgagconsumerghasgaggivengbudgetgorgincomegofg$24gandgthatgshegcangbuygonl
ygtwoggoods,gapplesgorgbananas.gThegpricegofgangapplegisg$3.00gandgthegpricegofgagbananagisg$2
.00.gIfgthegconsumergspentgallgofghergbudgetgongjustgapplesgorgjustgbananas,ghowgmanygapplesg
orgbananasgmaximumgwouldgshegbegablegtogbuy?
6)g
A) 12gapplesgorg8gbananas
B) 6gapplesgorg6gbananas
C) 4gapplesgorg6gbananas
D) 8gapplesgorg12gbananas
Versiong1 4
mynursytest.store