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ECO 202-FINAL EXAM TEST BANK QUESTIONS AND ANSWERS

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1. Suppose you have a question about some of the ECO 202 course material that you want to ask your instructor. The best way to communicate with the instructor is by... a. Email b. Telephone c. Dropping by your instructors office d. All of the above. 2. Students who successfully complete this ...

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  • July 5, 2022
  • 12
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers
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ECO 202-FINAL EXAM TEST BANK
ECO 202 – Final Exam Test Bank
1. Suppose you have a question about some of the ECO 202 course material that you want to ask your instructor.
The best way to communicate with the instructor is by...
a. Email
b. Telephone
c. Dropping by your instructors office
d. All of the above.

2. Students who successfully complete this course will be able to...
a. Distinguish positive and normative macroeconomic issues
b. Make appropriate choices among alternative frames of reference for analyzing macroeconomic issues.
c. Use relevant information to analyze macroeconomic issues.
d. All of the above

3. Students who successfully complete this course will be able to...
a. Identify macroeconomic issues.
b. Analyze the behavior of individual markets.
c. Both of the above.
d. None of the above.

4. The required material can be found in...
a. The Macroeconomics in Context text.
b. The Critical Thinking in Economics text.
c. Both of the above.
d. Mankiw’s Principles of Macroeconomics text.
e. All of the above are possible resources but none is required.

5. How will the quizzes and exams be taken?
a. Online, at the course Canvas website.
b. Through hardcopy exams.
c. Either of the above.
d. Online, at a third party’s website.

6. What restrictions are there when taking quizzes and exams?
a. Each quiz and each exam can only be taken once.
b. Each quiz can be taken twice, but each exam can only be taken once.
c. Each quiz can be taken as many times as desired before the due date.
d. Each quiz and exam must be taken in a fixed amount of time.
e. Each exam must be completed in 30 minutes.

7. A term paper is required for this course.
a. True
b. False

, ECO 202 – Final Exam Test Bank
8. Which one of the following statements is consistent with the course makeup policy?
a. There are no makeups for any quiz or exam.
b. There are no makeups for any quiz, but it is possible to arrange a makeup midterm exam or final exam.
c. With appropriate documentation, it is possible to arrange a makeup for any quiz or exam.
d. A makeup final exam is possible, but only for circumstances beyond your control and with sufficient
evidence of the circumstances.

9. Which one of the following statements is consistent with the course exam policy?
a. Exams do not count toward the final course grade.
b. Any exam can be dropped and replaced with the score from an exam with a higher grade.
c. Only the final exam can be used to replace the grade for the first or second midterm exam.
d. Exams are open book and open notes.

10. Based on the description of how grades are calculated, what would your final course grade be if your quiz
average is 85, your discussion average is 100, your first exam grade is an 80, your second exam grade is a 75, and
your final exam grade is a 90?
a. 82.5
b. 85.75
c. 89.5
d. 90.00

11. Suppose your course average ends up being 79.99. What is the letter grade that you will get for the course?
a. C+ because there is no rounding after calculating the course average to two decimal places.
b. C because there are no plusses or minuses awarded.
c. B- because 79.99 rounds to an 80.
d. The syllabus doesn’t explain what letter grade is associated with a 79.99.

12. When do you have to take the final exam?
a. May 9 from 1-4 pm.
b. Any time from 12:01 am on May 3 to 11:59 pm on May 5.
c. Any time between 8 am and 5 pm from May 8 to May 10.
d. The time has yet to be determined.

13. Which one of the following is not a distinguishing characteristic of critical thinking?
a. Intuitive
b. Purposeful
c. Self-aware
d. Problem solving
e. Rational

14. The process of critical thinking is useful in macroeconomics because...
a. Macroeconomics is hard.
b. Macroeconomics focuses on choosing effective policies.
c. Macroeconomics deals with people.
d. Macroeconomics involves statistics.

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