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
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 amost apost-secondary acourses, aa alarge apercentage aof astudent aassessment ais abased aon
amultiple- a choice atesting. aMany ainstructors ause amultiple-choice areluctantly, abelieving
athat ait ais aa a methodology abest aused afor atesting awhat aa astudent aremembers arather athan
awhat ashe aor ahe ahas a learned.
Nelson aEducation aLtd. aunderstands athat aa agood aquality amultiple-choice atest abank acan
aprovide a the ameans ato ameasure ahigher-level athinking askills aas awell aas arecall.
aRecognizing athe a importance aof amultiple-choice atesting ain atoday’s aclassroom, awe ahave
acreated aNETA—the a Nelson aEducation aTeaching aAdvantage aprogram—to aensure athe
avalue aof aour ahigh aquality atest a banks.
The aNETA aprogram awas acreated ain apartnership awith aDavid aDiBattista, aa a3M aNational
aTeaching a Fellow, aprofessor aof apsychology aat aBrock aUniversity, aand aresearcher ain athe
aarea aof amultiple- a choice atesting. aNETA aensures athat asubject-matter aexperts awho
aauthor atest abanks ahave ahad a training ain atwo aareas: aavoiding acommon aerrors ain atest
aconstruction, aand adeveloping amultiple- a choice atest aquestions athat a“get abeyond
aremembering” ato aassess ahigher-level athinking.
All aNETA atest abanks ainclude aDavid aDiBattista’s aguide afor ainstructors, a“Multiple aChoice
aTests: a Getting aBeyond aRemembering.” aThis aguide ahas abeen adesigned ato aassist ayou ain
ausing aNelson a test abanks ato aachieve ayour adesired aoutcomes ain a your acourse.
The aTest aBank afor aPrinciples aof aMacroeconomics, aSixth aCanadian aEdition ahas abeen
arevised afor a Canadian astudents aby aConstantin aColonescu, aMacEwan aUniversity. aThe
amultiple-choice a questions awere awritten aand aedited ato aconform ato aNETA aguidelines,
awhich aemphasize athe a development aof ahigher-order athinking aand athe aeffective
aconstruction aof aquestions. aNETA a principles aof aquestion aconstruction ahelp aeliminate
aambiguity, aarguable aanswers, aguesswork, a and aunconscious acues ato atest-savvy
astudents, aresulting ain aa atest athat aaccurately areflects astudent a understanding. aThe aTest
aBank aoffers aover a3510 aquestions, aincluding aabout a2822 amultiple a choice, aabout a362
atrue/false, aabout a162 aproblems, aand aabout a164 ashort aanswer aquestions.
In aaddition ato aproviding aa avariety aof aquestions arelated ato aeach achapter aobjective, athis
atest abank a also aemploys aa aseries aof atags athat acan ahelp adesign aeffective, abalanced atests
aby athe ameasure aof a course aoutcomes. aAll aof athe atags aare aincluded awith athe aquestion
ain athe atest abank. aThese atags a include:
• ANS: aThe acorrect aanswer. a(Suggested aanswers aare aprovided afor athe ashort aanswer
4
, aquestions.)
• PTS: aThe anumber aof apoints aan ainstructor acan aassign afor aeach aquestion. aThe
adefault ais a1 a point.
5