DOWNLOAD THE Test Bank for Macroeconomics 2nd Edition Acemoglu
g g g g g g g g
Macroeconomics,g2eg(Acemoglu)
Chapterg2 EconomicgMethodsgandgEconomicgQuestions
2.1 ThegScientificgMethod
1) Empiricismgrefersgtogusingg gtoganalyzegthegworld.
A) data
B) beliefs
C) traditions
D) valuegjudgments
gAnswer:
AgDifficulty:g Eas
y
AACSB:g Analytical gThinkinggTopi
c:g g ThegScientificgMethod
2) Thegscientificgmethodgrefersgtogthegprocessgbygwhichgeconomists gandgothergscientistsg .
A) collectgdatagforgfurtherguse gingresearch
B) developgmodelsgofgthegworldgandgtestgthosegmodelsgwithgdata
C) developgmodelsgtogexplaingthegpastgbutgnotgtogpredictgthegfuture
D) plotggraphsgtogillustrategrelationshipsgbetweengdifferentgeconomicgvariable
sgAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g g ThegScientificgMethod
3) Whichgofgthegfollowinggstatementsgisgtrue?
A) Modelsgthatgeconomistsguse garegperfectgreplicasgofgreality.
B) Thegscientificgmethodgusedgbygeconomistsgisgbasedgongidealismgandgnotgempiricism.
C) Modelsghelpgeconomistsgexplaingthegpastgbutgdognotghelpgpredictgthegfuture.
D) Testinggwithgdatagenablesgeconomistsgtogdistinguishgbetweenggoodgmodelsgandgbadgmodels
.gAnswer: D
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
4) Whichgofgthegfollowinggisgagfeaturegofgthegscientificgmethod?
A) Thegscientificgmethodgisgnotgbasedgongdata,gstatistics,gorgmeasurements.
B) Thegscientificgmethodgallowsgimprovisation gandgcorrectiongofginconsistentgmodels.
C) Thegscientificgmethodgenablesgthegcreationgofgperfectlygaccurategmodelsgofgthegrealgworld.
D) Thegscientificgmethodgisgusedgonlygforgstudyinggtopicsgrelatedgtogeconomics
.gAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
1
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mynursytest.store
,DOWNLOAD THE Test Bank for Macroeconomics 2nd Edition Acemoglu
g g g g g g g g
5) Whichgofgthegfollowinggstatementsgisgtruegofgthegscientificgmethod?
A) Theg scientificg methodg mayg notg revealgag ""true""gmodelg ofgtheg world.
B) Thegscientificgmethodgdoesgnotgrequiregthegmodelsgtogbegtestedgwithgdata.
C) Thegscientificgmethodgusedgbygeconomistsgandgscientistsgisgindependentgofgempiricism.
D) Thegscientificgmethodgcanghelpgdevelopgaccurate gmodelsgevengwhengdatagaregunavailable
.gAnswer: A
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
6) Agmodelgrefersgtog .
A) agperfectgreplicagofgreality
B) agsimplifiedgdescription,gorgrepresentation,gofgreality
C) facts,gmeasurements,gorgstatisticsgthatgdescribegthegworld
D) agsetgofgfactsgestablishedgbygobservationgandgmeasuremen
tgAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
7) Whichgofgthegfollowinggisgagfeaturegofgmodels?
A) Modelsgaregthegsamegasghypotheses.
B) Modelsghelpgingmakinggpredictionsgforgthegfuture.
C) Modelsgaregmoregcomplicatedgthangrealglifegphenomena.
D) Modelsgaregasgcomplexgasgthegphenomenongbeinggstudied
.gAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
8) Whichgofgthegfollowinggstatementsgisgtruegofgmodels?
A) Thegpredictionsgofgagmodelgaregreferredgtogasgdata.
B) Agmodelgisgformulatedgaftergdevelopinggaghypothesis.
C) Modelsgaregalwaysgbasedgongassumptionsgthatgaregknowngtogbegtrue.
D) Itgisgmoregimportantgforgagmodelgtogbegsimplegandgusefulgthangtogbegpreciselygaccurat
e.gAnswer: D
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
9) Agmodelg .
A) isgoftengbasedgongsimplifyinggassumptionsgthatgaregnotgnecessarilygtrue
B) cangbegtestedgwithoutgdatagorgstatistics
C) isgagmoregcomplexgrepresentationgofgrealitygthangagtheory
D) cangnevergbegusedgtogpredictgthegfuture,gbutgitghelpsgexplaingthegpas
tgAnswer: A
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
2
Copyrightg©g2018gPearsongEducation, gInc.
mynursytest.store
, DOWNLOAD THE Test Bank for Macroeconomics 2nd Edition Acemoglu
g g g g g g g g
10) Facts,gmeasurements,gorgstatisticsgthatgdescribegthegworldgaregreferredgtogasg .
A) data
B) models
C) hypothesis
D) empiricismg
Answer:
AgDifficulty:
g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
11) Whichgofgthegfollowinggstatementsgisgtruegaboutgdata?
A) Empiricismgdoesgnotgnecessarilyginvolvegdata.
B) Consistencygofgmodelsgcangbegcheckedgusinggdata.
C) Factsgthatgdescribegthegworldgaregnotgconsideredgdata.
D) Convincinggdataganalysisgingeconomicsgreliesgongusinggagsmallgsample
.gAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
12) Empiricalg evidenceg refersg tog .
A) agsimplifiedgrepresentationgofgreality
B) agproposedgexplanationgforgagphenomenon
C) thegprocessgofgdevelopinggandgtestinggmodels
D) agsetgofgfactsgestablishedgbygobservationgandgmeasuremen
tgAnswer: D
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
13) Whichgofgthegfollowinggstatementsgisgtrue?
A) Theoriesgaregstatisticsgthatgdescribegthegrealgworld.
B) Hypothesesgaregpredictions gthatgcangbegtestedgwithgdata.
C) Datagaregfactsgestablishedgbygobservationgandgmeasurement.
D) Empiricalgevidencegconsistsgofgfacts,gmeasurements,gorgstatisticsgthatgdescribegthegworld
.gAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
14) Ag model''sg predictionsg areg referredg tog asg .
A) statistics
B) theories
C) hypotheses
D) empiricalgevidence
gAnswer:
Cg Difficulty:g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
3
Copyrightg©g2018gPearsongEducation, gInc.
mynursytest.store
g g g g g g g g
Macroeconomics,g2eg(Acemoglu)
Chapterg2 EconomicgMethodsgandgEconomicgQuestions
2.1 ThegScientificgMethod
1) Empiricismgrefersgtogusingg gtoganalyzegthegworld.
A) data
B) beliefs
C) traditions
D) valuegjudgments
gAnswer:
AgDifficulty:g Eas
y
AACSB:g Analytical gThinkinggTopi
c:g g ThegScientificgMethod
2) Thegscientificgmethodgrefersgtogthegprocessgbygwhichgeconomists gandgothergscientistsg .
A) collectgdatagforgfurtherguse gingresearch
B) developgmodelsgofgthegworldgandgtestgthosegmodelsgwithgdata
C) developgmodelsgtogexplaingthegpastgbutgnotgtogpredictgthegfuture
D) plotggraphsgtogillustrategrelationshipsgbetweengdifferentgeconomicgvariable
sgAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g g ThegScientificgMethod
3) Whichgofgthegfollowinggstatementsgisgtrue?
A) Modelsgthatgeconomistsguse garegperfectgreplicasgofgreality.
B) Thegscientificgmethodgusedgbygeconomistsgisgbasedgongidealismgandgnotgempiricism.
C) Modelsghelpgeconomistsgexplaingthegpastgbutgdognotghelpgpredictgthegfuture.
D) Testinggwithgdatagenablesgeconomistsgtogdistinguishgbetweenggoodgmodelsgandgbadgmodels
.gAnswer: D
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
4) Whichgofgthegfollowinggisgagfeaturegofgthegscientificgmethod?
A) Thegscientificgmethodgisgnotgbasedgongdata,gstatistics,gorgmeasurements.
B) Thegscientificgmethodgallowsgimprovisation gandgcorrectiongofginconsistentgmodels.
C) Thegscientificgmethodgenablesgthegcreationgofgperfectlygaccurategmodelsgofgthegrealgworld.
D) Thegscientificgmethodgisgusedgonlygforgstudyinggtopicsgrelatedgtogeconomics
.gAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
1
Copyrightg©g2018gPearsongEducation, gInc.
mynursytest.store
,DOWNLOAD THE Test Bank for Macroeconomics 2nd Edition Acemoglu
g g g g g g g g
5) Whichgofgthegfollowinggstatementsgisgtruegofgthegscientificgmethod?
A) Theg scientificg methodg mayg notg revealgag ""true""gmodelg ofgtheg world.
B) Thegscientificgmethodgdoesgnotgrequiregthegmodelsgtogbegtestedgwithgdata.
C) Thegscientificgmethodgusedgbygeconomistsgandgscientistsgisgindependentgofgempiricism.
D) Thegscientificgmethodgcanghelpgdevelopgaccurate gmodelsgevengwhengdatagaregunavailable
.gAnswer: A
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
6) Agmodelgrefersgtog .
A) agperfectgreplicagofgreality
B) agsimplifiedgdescription,gorgrepresentation,gofgreality
C) facts,gmeasurements,gorgstatisticsgthatgdescribegthegworld
D) agsetgofgfactsgestablishedgbygobservationgandgmeasuremen
tgAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
7) Whichgofgthegfollowinggisgagfeaturegofgmodels?
A) Modelsgaregthegsamegasghypotheses.
B) Modelsghelpgingmakinggpredictionsgforgthegfuture.
C) Modelsgaregmoregcomplicatedgthangrealglifegphenomena.
D) Modelsgaregasgcomplexgasgthegphenomenongbeinggstudied
.gAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
8) Whichgofgthegfollowinggstatementsgisgtruegofgmodels?
A) Thegpredictionsgofgagmodelgaregreferredgtogasgdata.
B) Agmodelgisgformulatedgaftergdevelopinggaghypothesis.
C) Modelsgaregalwaysgbasedgongassumptionsgthatgaregknowngtogbegtrue.
D) Itgisgmoregimportantgforgagmodelgtogbegsimplegandgusefulgthangtogbegpreciselygaccurat
e.gAnswer: D
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
9) Agmodelg .
A) isgoftengbasedgongsimplifyinggassumptionsgthatgaregnotgnecessarilygtrue
B) cangbegtestedgwithoutgdatagorgstatistics
C) isgagmoregcomplexgrepresentationgofgrealitygthangagtheory
D) cangnevergbegusedgtogpredictgthegfuture,gbutgitghelpsgexplaingthegpas
tgAnswer: A
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
2
Copyrightg©g2018gPearsongEducation, gInc.
mynursytest.store
, DOWNLOAD THE Test Bank for Macroeconomics 2nd Edition Acemoglu
g g g g g g g g
10) Facts,gmeasurements,gorgstatisticsgthatgdescribegthegworldgaregreferredgtogasg .
A) data
B) models
C) hypothesis
D) empiricismg
Answer:
AgDifficulty:
g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
11) Whichgofgthegfollowinggstatementsgisgtruegaboutgdata?
A) Empiricismgdoesgnotgnecessarilyginvolvegdata.
B) Consistencygofgmodelsgcangbegcheckedgusinggdata.
C) Factsgthatgdescribegthegworldgaregnotgconsideredgdata.
D) Convincinggdataganalysisgingeconomicsgreliesgongusinggagsmallgsample
.gAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
12) Empiricalg evidenceg refersg tog .
A) agsimplifiedgrepresentationgofgreality
B) agproposedgexplanationgforgagphenomenon
C) thegprocessgofgdevelopinggandgtestinggmodels
D) agsetgofgfactsgestablishedgbygobservationgandgmeasuremen
tgAnswer: D
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
13) Whichgofgthegfollowinggstatementsgisgtrue?
A) Theoriesgaregstatisticsgthatgdescribegthegrealgworld.
B) Hypothesesgaregpredictions gthatgcangbegtestedgwithgdata.
C) Datagaregfactsgestablishedgbygobservationgandgmeasurement.
D) Empiricalgevidencegconsistsgofgfacts,gmeasurements,gorgstatisticsgthatgdescribegthegworld
.gAnswer: B
Difficulty:g g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
14) Ag model''sg predictionsg areg referredg tog asg .
A) statistics
B) theories
C) hypotheses
D) empiricalgevidence
gAnswer:
Cg Difficulty:g Easy
AACSB:g Analytical gThinkinggTopi
c:g ModelsgandgData
3
Copyrightg©g2018gPearsongEducation, gInc.
mynursytest.store
