Test bank for principles of macroeconomics 6th edition mankiw

NETAASSESSMENT
TestBank
toaccompany




TestBankpreparedby
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Constantin Colonescu
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MacEwanUniversity
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,NETAAssessment:TestBanktoaccompany PrinciplesofMacroeconomics, c




SixthCanadianEdition
ByN.GregoryMankiw/RonaldD.Kneebone/KennethJ.McKenzie
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Test Bank prepared byConstantinColonescu,MacEwanUniversity
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NETAcopyeditor: FrancesRobinson c c




AvailableonInstructor‘sResourceCDISBN.0-17-655440-8
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COPYRIGHT ©2014byNelsonEducationLtd.Nelsonisaregisteredtrademarkusedhereinunderlicence.Allrights
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reserved.
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Formoreinformation contactNelson,1120BirchmountRoad,Toronto,Ontario M1K5G4.Oryoucanvisitour Internet
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site at www.nelson.com.
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ALLRIGHTSRESERVED. No partofthis work covered bythe copyrighthereon maybe reproduced orused in any form
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orbyany 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 ofthe publisher
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ii

, TABLEOFCONTENTS c c




Part1Introduction
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Chapter1 TenPrinciples ofEconomics
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Chapter2ThinkingLike an Economist c c 2-1
Chapter3 InterdependenceandtheGains from Trade
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Part2SupplyAndDemand:HowMarketsWork
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Chapter4TheMarketForcesofSupplyandDemand
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Part3TheDataofMacroeconomics
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Chapter5MeasuringaNation‘s Income
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Chapter6MeasuringtheCostofLiving
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Part4TheRealEconomyinthe LongRun
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Chapter7 ProductionandGrowth
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Chapter8Saving, Investment,andtheFinancialSystem
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Chapter9 Unemploymentand ItsNatural Rate
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Part5MoneyAndPricesintheLongRun
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Chapter10 TheMonetarySystem c 10-1
Chapter11MoneyGrowthand Inflation
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Part6TheMacroeconomicsofOpenEconomies
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Chapter12Open-EconomyMacroeconomics:Basic Concepts
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Chapter13AMacroeconomicTheoryoftheSmallOpenEconomy
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Part 7Short-RunEconomicFluctuations
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Chapter14Aggregate Demand and AggregateSupply c 2 c 14-1
Chapter15TheInfluenceof Monetaryand Fiscal Policyon AggregateDemand
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Chapter16TheShort-RunTradeoffbetween InflationandUnemployment
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Part8FinalThoughts
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Chapter17FiveDebatesoverMacroeconomic Policy c c 17-1




iii

, PREFACE




Inmostpost-secondarycourses,a largepercentageofstudent assessmentisbased onmultiple-
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cchoice testing. Manyinstructors use multiple-choice reluctantly, believingthat it is a
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cmethodologybestusedfortestingwhatastudentremembersratherthanwhatsheorhehas learned. c c c c c c c c c c c c c c




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multiple-choicetestingintoday‘s classroom,wehavecreatedNETA—theNelsonEducation
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Teaching Advantageprogram—toensurethevalueofourhighqualitytest banks.
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TheNETAprogram was created in partnership withDavidDiBattista,a3MNationalTeaching 2 c c c c




Fellow,professorofpsychologyatBrockUniversity,andresearcherintheareaofmultiple-choice
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testing.NETAensuresthatsubject-matterexpertswhoauthortestbankshavehadtrainingintwo
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that―getbeyondremembering‖toassesshigher-levelthinking.
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AllNETAtestbanksincludeDavidDiBattista‘s guideforinstructors,―MultipleChoiceTests:
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GettingBeyondRemembering.‖ThisguidehasbeendesignedtoassistyouinusingNelsontest
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banks toachieve your desired outcomes in your course.
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TheTestBankforPrinciplesofMacroeconomics, SixthCanadianEdition has been revised for
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Canadianstudents byConstantin Colonescu, MacEwan University. Themultiple-choice questions
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werewrittenandeditedtoconformtoNETAguidelines,whichemphasizethe development ofhigher-
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order thinkingand theeffective construction ofquestions. NETA
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unconscious cues to test-savvystudents, resultingin atest that accuratelyreflects student
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understanding.TheTestBankoffersover3510questions,includingabout2822multiplechoice, about
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362true/false,about162problems,andabout164shortanswerquestions.
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In addition toproviding a varietyofquestions relatedtoeach chapterobjective,thistestbankalso
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cemploysaseriesoftagsthatcanhelpdesigneffective,balancedtestsbythemeasureofcourse
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coutcomes.Allofthetagsareincludedwiththequestioninthetestbank.Thesetagsinclude:
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 ANS:Thecorrectanswer.(Suggestedanswersareprovidedfortheshortanswerquestions.)
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 PTS:Thenumberofpointsaninstructorcanassignforeachquestion.Thedefaultis1
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point. c




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