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

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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, PREFACE




In smost spost-secondary scourses, sa slarge spercentage sof sstudent sassessment sis sbased son
smultiple- s choice stesting. sMany sinstructors suse smultiple-choice sreluctantly, sbelieving sthat
sit sis sa s methodology sbest sused sfor stesting swhat sa sstudent sremembers srather sthan swhat
sshe sor she shas s learned.


Nelson sEducation sLtd. sunderstands sthat sa sgood squality smultiple-choice stest sbank scan
sprovide s the smeans sto smeasure shigher-level sthinking sskills sas swell sas srecall.
sRecognizing sthe s importance sof smultiple-choice stesting sin stoday’s sclassroom, swe shave
screated sNETA—the s Nelson sEducation sTeaching sAdvantage sprogram—to sensure sthe
svalue sof sour shigh squality stest s banks.


The sNETA sprogram swas screated sin spartnership swith sDavid sDiBattista, sa s3M sNational
sTeaching s Fellow, sprofessor sof spsychology sat sBrock sUniversity, sand sresearcher sin sthe
sarea sof smultiple- s choice stesting. sNETA sensures sthat ssubject-matter sexperts swho sauthor
stest sbanks shave shad s training sin stwo sareas: savoiding scommon serrors sin stest
sconstruction, sand sdeveloping smultiple- s choice stest squestions sthat s“get sbeyond
sremembering” sto sassess shigher-level sthinking.


All sNETA stest sbanks sinclude sDavid sDiBattista’s sguide sfor sinstructors, s“Multiple sChoice
sTests: s Getting sBeyond sRemembering.” sThis sguide shas sbeen sdesigned sto sassist syou sin
susing sNelson s test sbanks sto sachieve syour sdesired soutcomes sin s your scourse.


The sTest sBank sfor sPrinciples sof sMacroeconomics, sSixth sCanadian sEdition shas sbeen
srevised sfor s Canadian sstudents sby sConstantin sColonescu, sMacEwan sUniversity. sThe
smultiple-choice s questions swere swritten sand sedited sto sconform sto sNETA sguidelines,
swhich semphasize sthe s development sof shigher-order sthinking sand sthe seffective
sconstruction sof squestions. sNETA s principles sof squestion sconstruction shelp seliminate
sambiguity, sarguable sanswers, sguesswork, s and sunconscious scues sto stest-savvy sstudents,
sresulting sin sa stest sthat saccurately sreflects sstudent s understanding. sThe sTest sBank soffers
sover s3510 squestions, sincluding sabout s2822 smultiple s choice, sabout s362 strue/false,
sabout s162 sproblems, sand sabout s164 sshort sanswer squestions.



In saddition sto sproviding sa svariety sof squestions srelated sto seach schapter sobjective, sthis stest
sbank s also semploys sa sseries sof stags sthat scan shelp sdesign seffective, sbalanced stests sby
sthe smeasure sof s course soutcomes. sAll sof sthe stags sare sincluded swith sthe squestion sin sthe
stest sbank. sThese stags s include:
• ANS: sThe scorrect sanswer. s(Suggested sanswers sare sprovided sfor sthe sshort sanswer
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, squestions.)
• PTS: sThe snumber sof spoints san sinstructor scan sassign sfor seach squestion. sThe
sdefault sis s1 s point.




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