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

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NETA Assessment: Test Bank to accompany Principles of Macroeconomics, Sixth Canadian Edition TABLE OF CONTENTS Part 1 Introduction Chapter 1 Ten Principles of Economics 1-1 Chapter 2 Thinking Like an Economist 2-1 Chapter 3 Interdependence and the Gains from Trade 3-1 Part 2 Supply And Demand: How Markets Work Chapter 4 The Market Forces of Supply and Demand 4-1 Part 3 The Data of Macroeconomics Chapter 5 Measuring a Nation’s Income 5-1 Chapter 6 Measuring the Cost of Living 6-1 Part 4 The Real Economy in the Long Run Chapter 7 Production and Growth 7-1 Chapter 8 Saving, Investment, and the Financial System 8-1 Chapter 9 Unemployment and Its Natural Rate 9-1 Part 5 Money And Prices in the Long Run Chapter 10 The Monetary System 10-1 Chapter 11 Money Growth and Inflation 11-1 Part 6 The Macroeconomics of Open Economies Chapter 12 Open-Economy Macroeconomics: Basic Concepts 12-1 Chapter 13 A Macroeconomic Theory of the Small Open Economy 13-1 Part 7 Short-Run Economic Fluctuations Chapter 14 Aggregate Demand and Aggregate Supply 14-1 Chapter 15 The Influence of Monetary and Fiscal Policy on Aggregate Demand 15-1 Chapter 16 The Short-Run Tradeoff between Inflation and Unemployment 16-1 Part 8 Final Thoughts Chapter 17 Five Debates over Macroeconomic Policy 17-1

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NETA ASSESSMENT
Test Bank
to accompany




Test Bank prepared by
Constantin Colonescu
MacEwan University

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

By N. Gregory Mankiw / Ronald D. Kneebone / Kenneth J. McKenzie




Test Bank prepared by Constantin Colonescu, MacEwan University



NETA copy editor: Frances Robinson


Available on Instructor’s Resource CD ISBN . 0-17-655440-8

COPYRIGHT ©2014 by Nelson Education Ltd. Nelson is a registered trademark used herein under licence. All
rights reserved.

For more information contact Nelson, 1120 Birchmount Road, Toronto, Ontario M1K 5G4. Or you can visit our
Internet site at www.nelson.com.

ALL RIGHTS RESERVED. No part of this work covered by the copyright hereon may be reproduced or used in any
form or by any means—graphic, electronic, or mechanical, including photocopying, recording, taping, web
distribution or information storage and retrieval systems—without the written permission of the publisher




ii

, TABLE OF CONTENTS

Part 1 Introduction
Chapter 1 Ten Principles of Economics 1-1
Chapter 2 Thinking Like an Economist 2-1
Chapter 3 Interdependence and the Gains from Trade 3-1

Part 2 Supply And Demand: How Markets Work
Chapter 4 The Market Forces of Supply and Demand 4-1

Part 3 The Data of Macroeconomics
Chapter 5 Measuring a Nation’s Income 5-1
Chapter 6 Measuring the Cost of Living 6-1

Part 4 The Real Economy in the Long Run
Chapter 7 Production and Growth 7-1
Chapter 8 Saving, Investment, and the Financial System 8-1
Chapter 9 Unemployment and Its Natural Rate 9-1

Part 5 Money And Prices in the Long Run
Chapter 10 The Monetary System 10-1
Chapter 11 Money Growth and Inflation 11-1

Part 6 The Macroeconomics of Open Economies
Chapter 12 Open-Economy Macroeconomics: Basic Concepts 12-1
Chapter 13 A Macroeconomic Theory of the Small Open Economy 13-1

Part 7 Short-Run Economic Fluctuations
Chapter 14 Aggregate Demand and Aggregate Supply 14-1
Chapter 15 The Influence of Monetary and Fiscal Policy on Aggregate Demand 15-1
Chapter 16 The Short-Run Tradeoff between Inflation and Unemployment 16-1

Part 8 Final Thoughts
Chapter 17 Five Debates over Macroeconomic Policy 17-1




iii

, PREFACE




In most post-secondary courses, a large percentage of student assessment is based on
multiple- choice testing. Many instructors use multiple-choice reluctantly, believing that it is a
methodology best used for testing what a student remembers rather than what she or he has
learned.

Nelson Education Ltd. understands that a good quality multiple-choice test bank can provide
the means to measure higher-level thinking skills as well as recall. Recognizing the
importance of multiple-choice testing in today’s classroom, we have created NETA—the
Nelson Education Teaching Advantage program—to ensure the value of our high quality test
banks.

The dNETA dprogram dwas dcreated din dpartnership dwith dDavid dDiBattista, da d3M dNational
dTeaching d Fellow, dprofessor dof dpsychology dat dBrock dUniversity, dand dresearcher din dthe
darea dof dmultiple- d choice dtesting. dNETA densures dthat dsubject-matter dexperts dwho
dauthor dtest dbanks dhave dhad d training din dtwo dareas: davoiding dcommon derrors din dtest
dconstruction, dand ddeveloping dmultiple- d choice dtest dquestions dthat d“get dbeyond
dremembering” dto dassess dhigher-level dthinking.


All dNETA dtest dbanks dinclude dDavid dDiBattista’s dguide dfor dinstructors, d“Multiple dChoice
dTests: d Getting dBeyond dRemembering.” dThis dguide dhas dbeen ddesigned dto dassist dyou
din dusing dNelson d test dbanks dto dachieve dyour ddesired doutcomes din d your dcourse.


The dTest dBank dfor dPrinciples dof dMacroeconomics, dSixth dCanadian dEdition dhas dbeen
drevised dfor d Canadian dstudents dby dConstantin dColonescu, dMacEwan dUniversity. dThe
dmultiple-choice d questions dwere dwritten dand dedited dto dconform dto dNETA dguidelines,
dwhich demphasize dthe d development dof dhigher-order dthinking dand dthe deffective
dconstruction dof dquestions. dNETA d principles dof dquestion dconstruction dhelp deliminate
dambiguity, darguable danswers, dguesswork, d and dunconscious dcues dto dtest-savvy
dstudents, dresulting din da dtest dthat daccurately dreflects dstudent d understanding. dThe dTest
dBank doffers dover d3510 dquestions, dincluding dabout d2822 dmultiple d choice, dabout d362
dtrue/false, dabout d162 dproblems, dand dabout d164 dshort danswer dquestions.



In daddition dto dproviding da dvariety dof dquestions drelated dto deach dchapter dobjective, dthis
dtest dbank d also demploys da dseries dof dtags dthat dcan dhelp ddesign deffective, dbalanced
dtests dby dthe dmeasure dof d course doutcomes. dAll dof dthe dtags dare dincluded dwith dthe
dquestion din dthe dtest dbank. dThese dtags d include:
• ANS: dThe dcorrect danswer. d(Suggested danswers dare dprovided dfor dthe dshort danswer
4

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Publisher: 2003 ISBN: 9780070918252 Edition: Unknown

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