Test Bank For Macroeconomics, 12th Edition All Chapters - 9781260962147.pdf

DOWNLOAD THE Test Bank for Macroeconomics 22nd Edition McConnell
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Macroeconomics 22nd Edition by McConnell CH01
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ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
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MULTIPLEfCHOICEf-
fChoosefthefonefalternativefthatfbestfcompletesfthefstatementforfanswersfthefquestion.




1)
Referftofthefbudgetflinefshownfinfthefdiagram.fIffthefconsumer'sfmoneyfincomefisf$40,fthe
1) f


A) pricesfoffCfandfDfcannotfbefdetermined.
B) pricefoffCfisf$5fandfthefpricefoffDfisf$10.
C) consumerfcanfobtainfafcombinationfoff5funitsfoffbothfCfandfD.
D) pricefoffCfisf$8fandfthefpricefoffDfisf$4.



QuestionfDetails
AACSBf:fReflectivefThinkingfAccessibi
lityf:fKeyboardfNavigationfTestfBankf:fI
Bloom'sf:fUnderstandfDiffi
cultyf:f02fMedium
LearningfObjectivef:f01-04fExplainfthefindividualsfeconomizingfproblemfandfillustrateftrade-
offs,foppfTopicf:fIndividualsfEconomizingfProblem
Accessibilityf:fScreenfReaderfCompatible




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Macroeconomics 22nd Edition by McConnell CH01
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2)
Supposefyoufhavefafmoneyfincomefoff$10,fallfoffwhichfyoufspendfonfCokefandfpopcorn.fInfthefdiagr
am,fthefpricesfoffCokefandfpopcorn,frespectively,fare
2) f


A) $0.50fandf$1.00.
B) $1.00fandf$0.50.
C) $1.00fandf$2.00.
D) $0.40fandf$0.50.



QuestionfDetails
AACSBf:fReflectivefThinkingfAccessibi
lityf:fKeyboardfNavigationfTestfBankf:fI
Bloom'sf:fUnderstandfDiffi
cultyf:f02fMedium
LearningfObjectivef:f01-04fExplainfthefindividualsfeconomizingfproblemfandfillustrateftrade-
offs,foppfTopicf:fIndividualsfEconomizingfProblem
Accessibilityf:fScreenfReaderfCompatible



3) AssumefthefpricefoffproductfYf(thefquantityfoffwhichfisfonfthefverticalfaxis)fisf$20fandfthefp
ricefoffproductfXf(thefquantityfoffwhichfisfonfthefhorizontalfaxis)fisf$5.fAlsofassumefthatfmoneyfin
comefisf$60.fThefabsolutefvaluefoffthefslopefoffthefresultingfbudgetflinefis

3)f




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Macroeconomics 22nd Edition by McConnell CH01
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A) 4.
B) 1/4.
C) 3.
D) 12.



QuestionfDetails
AACSBf:fReflectivefThinkingfAccessibi
lityf:fKeyboardfNavigationfTestfBankf:fI
Difficultyf:f02fMedium
LearningfObjectivef:f01-04fExplainfthefindividualsfeconomizingfproblemfandfillustrateftrade-
offs,foppfTopicf:fIndividualsfEconomizingfProblem
Accessibilityf:fScreenfReaderfCompatiblefB
loom'sf:fAnalyze



4) SupposefthatfJuliafreceivesfaf$30fgiftfcardfforftheflocalfcoffeefshop,fwherefshefonlyfbuysflatte
sfandfmuffins.fIffthefpricefoffaflattefisf$3fandfthefpricefoffafmuffinfisf$2,fthenfwefcanfconcludefthatfJuli
a

4)f


A) shouldfonlyfbuyfmuffins.
B) shouldfonlyfbuyflattes.
C) canfbuyf10flattesforf15fmuffinsfiffshefchoosesftofbuyfonlyfonefofftheftwofgoods.
D) canfbuyf10flattesfandf15fmuffinsfwithfherf$30fgiftfcard.



QuestionfDetails
AACSBf:fReflectivefThinkingfAccessibi
lityf:fKeyboardfNavigationfTestfBankf:fI
Bloom'sf:fUnderstandfDiffi
cultyf:f02fMedium
LearningfObjectivef:f01-04fExplainfthefindividualsfeconomizingfproblemfandfillustrateftrade-
offs,foppfTopicf:fIndividualsfEconomizingfProblem
Accessibilityf:fScreenfReaderfCompatible




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Macroeconomics 22nd Edition by McConnell CH01
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5) CamillefisfatfthefcandyfstorefwithfGrandmafMary,fwhofoffersftofbuyfherf$10fworthfoffcan
dy.fIfflollipopsfaref$1feachfandfcandyfbarsfaref$2feach,fwhatfcombinationfoffcandyfcanfCamille'sf
GrandmafMaryfbuyfher?

5)f


A) tenflollipopsfandffivefcandyfbars
B) fourflollipopsfandfthreefcandyfbars
C) threeflollipopsfandffourfcandyfbars
D) twoflollipopfandffivefcandyfbars



QuestionfDetails
AACSBf:fReflectivefThinkingfAccessibi
lityf:fKeyboardfNavigationfTestfBankf:fI
Bloom'sf:fUnderstandfDiffi
cultyf:f02fMedium
LearningfObjectivef:f01-04fExplainfthefindividualsfeconomizingfproblemfandfillustrateftrade-
offs,foppfTopicf:fIndividualsfEconomizingfProblem
Accessibilityf:fScreenfReaderfCompatible



6) Assumefthatfafconsumerfhasfafgivenfbudgetforfincomefoff$24fandfthatfshefcanfbuyfonlyftwof
goods,fapplesforfbananas.fThefpricefoffanfapplefisf$3.00fandfthefpricefoffafbananafisf$2.00.fIffthefcon
sumerfspentfallfoffherfbudgetfonfjustfapplesforfjustfbananas,fhowfmanyfapplesforfbananasfmaximu
mfwouldfshefbefableftofbuy?

6)f


A) 12fapplesforf8fbananas
B) 6fapplesforf6fbananas
C) 4fapplesforf6fbananas
D) 8fapplesforf12fbananas




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