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

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

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, TABLE OF CONTENTS

Part m1 mIntroduction
Chapter m1 mTen mPrinciples mof mEconomics 1-1
Chapter m2 mThinking mLike man mEconomist 2-1
Chapter m3 mInterdependence mand mthe mGains mfrom mTrade 3-1

Part m2 mSupply mAnd mDemand: mHow mMarkets mWork
Chapter m4 mThe mMarket mForces mof mSupply mand mDemand 4-1

Part m3 mThe mData mof mMacroeconomics
Chapter m5 mMeasuring ma mNation’s mIncome 5-1
Chapter m6 mMeasuring mthe mCost mof mLiving 6-1

Part m4 mThe mReal mEconomy min mthe mLong mRun
Chapter m7 mProduction mand mGrowth 7-1
Chapter m8 mSaving, mInvestment, mand mthe mFinancial mSystem 8-1
Chapter m9 mUnemployment mand mIts mNatural mRate 9-1

Part m5 mMoney mAnd mPrices min mthe mLong mRun
Chapter m10 mThe mMonetary mSystem 10-1
Chapter m11 mMoney mGrowth mand mInflation 11-1

Part m6 mThe mMacroeconomics mof mOpen mEconomies
Chapter m12 mOpen-Economy mMacroeconomics: mBasic mConcepts 12-1
Chapter m13 mA mMacroeconomic mTheory mof mthe mSmall mOpen mEconomy 13-1

Part m7 mShort-Run mEconomic mFluctuations
Chapter m14 mAggregate mDemand mand mAggregate mSupply 14-1
Chapter m15 mThe mInfluence mof mMonetary mand mFiscal mPolicy mon mAggregate mDemand 15-1
Chapter m16 mThe mShort-Run mTradeoff mbetween mInflation mand mUnemployment 16-1

Part m8 mFinal mThoughts
Chapter m17 mFive mDebates mover mMacroeconomic mPolicy 17-1




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, PREFACE




In mmost mpost-secondary mcourses, ma mlarge mpercentage mof mstudent massessment mis mbased mon
mmultiple- m choice mtesting. mMany minstructors muse mmultiple-choice mreluctantly, mbelieving mthat

mit mis ma m methodology mbest mused mfor mtesting mwhat ma mstudent m remembers mrather mthan mwhat

mshe mor mhe mhas m learned.




Nelson mEducation mLtd. munderstands mthat ma mgood mquality mmultiple-choice mtest mbank mcan
mprovide m the mmeans mto mmeasure mhigher-level mthinking mskills mas mwell mas mrecall.

mRecognizing mthe m importance mof mmultiple-choice mtesting min mtoday’s mclassroom, mwe mhave

mcreated mNETA—the m Nelson mEducation mTeaching mAdvantage mprogram—to mensure mthe

mvalue mof mour mhigh mquality mtest m banks.




The mNETA mprogram mwas mcreated min mpartnership mwith mDavid mDiBattista, ma m3M mNational
mTeaching m Fellow, mprofessor mof mpsychology mat mBrock mUniversity, mand mresearcher min mthe

marea mof mmultiple- m choice mtesting. mNETA mensures mthat msubject-matter mexperts mwho mauthor

mtest mbanks mhave mhad m training min mtwo mareas: mavoiding mcommon merrors min mtest

mconstruction, mand mdeveloping mmultiple- m choice mtest mquestions mthat m“get mbeyond

mremembering” mto massess mhigher-level mthinking.




All mNETA mtest mbanks minclude mDavid mDiBattista’s mguide mfor minstructors, m“Multiple mChoice
mTests: m Getting mBeyond mRemembering.” mThis mguide mhas mbeen mdesigned mto massist myou min

musing mNelson m test mbanks mto machieve m your mdesired moutcomes min myour mcourse.




The mTest mBank mfor mPrinciples mof mMacroeconomics, mSixth mCanadian mEdition mhas mbeen
mrevised mfor m Canadian mstudents mby mConstantin mColonescu, mMacEwan mUniversity. mThe

mmultiple-choice m questions mwere mwritten mand medited mto mconform mto mNETA mguidelines,

mwhich memphasize mthe m development mof mhigher-order mthinking mand mthe meffective

mconstruction mof mquestions. mNETA m principles mof mquestion mconstruction mhelp meliminate

mambiguity, marguable manswers, mguesswork, m and munconscious mcues mto mtest-savvy

mstudents, mresulting min ma mtest mthat maccurately mreflects mstudent m understanding. mThe mTest

mBank moffers mover m3510 mquestions, mincluding mabout m2822 mmultiple m choice, mabout m362

mtrue/false, mabout m162 mproblems, mand mabout m164 mshort manswer mquestions.




In maddition mto mproviding ma mvariety mof mquestions mrelated mto meach mchapter mobjective, mthis
mtest mbank m also memploys ma mseries mof mtags mthat mcan mhelp mdesign meffective, mbalanced mtests

mby mthe mmeasure mof m course moutcomes. mAll mof mthe mtags mare mincluded mwith mthe mquestion min

mthe mtest mbank. mThese mtags m include:

• ANS: mThe mcorrect manswer. m(Suggested manswers mare mprovided mfor mthe mshort manswer
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