TEST BANK Essentials of Economics 10th edition by N. Gregory Mankiw All Chapters 1 – 24 fully covered ISBN: 9780357723166
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Essentials of Economics 10th Edition
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Essentials Of Economics 10th Edition
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Essentials of Economics
TEST BANK Essentials of Economics 10th edition by N. Gregory Mankiw
All Chapters 1 – 24 fully covered ISBN: 9780357723166
TEST BANK Essentials of Economics 10th edition by N. Gregory Mankiw
All Chapters 1 – 24 fully covered ISBN: 9780357723166
TEST BANK Essentials of Economics 10th edit...
TEST BANK Essentials of Economics 10th edition by N. Gregory Mankiw All Chapters 1 – 24 fully covered ISBN: 9780357723166
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TEST BANK
Essentials of Economics 10th edition
by N. Gregory Mankiw
All Chapters 1 – 24 fully covered
Pagec1
,Table of Contents. c c
Part I: INTRODUCTION.
c c
1. Ten Principles of Economics.
c c c c
2. Thinking Like an Economist.
c c c c
3. Interdependence and the Gains from Trade.
c c c c c c
Part II: HOW MARKETS WORK.
c c c c
4. The Market Forces of Supply and Demand.
c c c c c c c
5. Elasticity and Its Application.
c c c c
6. Supply, Demand, and Government Policies.
c c c c c
Part III: MARKETS AND WELFARE.
c c c c
7. Consumers, Producers, and the Efficiency of Markets.
c c c c c c c
8. Application: The Costs of Taxation.
c c c c c
9. Application: International Trade.
c c c
Part IV: THE ECONOMICS OF THE PUBLIC SECTOR.
c c c c c c c
10. Externalities.
c
11. Public Goods and Common Resources.
c c c c c
Part V: Firm Behavior and the Organization of Industry.
c c c c c c c c
Pagec2
,12. The Costs of Production.
c c c c
13. Firms in Competitive Markets.
c c c c
14. Monopoly.
c
Part VI: THE DATA OF MACROECONOMICS.
c c c c c
15. Measuring a Nation’s Income.
c c c c
16. Measuring the Cost of Living.
c c c c c
Part VII: THE REAL ECONOMY IN THE LONG RUN.
c c c c c c c c
17. Production and Growth.
c c c
18. Saving, Investment, and the Financial System.
c c c c c c
19. The Basic Tools of Finance.
c c c c c
20. Unemployment and Its Natural Rate.
c c c c c
Part VIII: MONEY AND PRICES IN THE LONG RUN.
c c c c c c c c
21. The Monetary System.
c c c
22. Money Growth and Inflation.
c c c c
Part IX: SHORT-RUN ECONOMIC FLUCTUATIONS.
c c c c
23. Aggregate Demand and Aggregate Supply.
c c c c c
24. The Influence of Monetary and Fiscal Policy on Aggregate Demand.
c c c c c c c c c c
Pagec3
, 1. Ten Principles of Economics.
c c c c
1. ThecEnglishcwordcthatccomescfromcthecGreekcwordcforc"onecwhocmanagescachousehold"cis
a. market.
b. consumer.
c. producer.
d. economy.
ANSWER: d
DIFFICULTY: Easy
LEARNINGcOBJECTIVES:c ECON.MANK.012c-
cApplycbasic,ceconomiccprinciplescofcindividualcdecisionc makingcthatcdetermi
2. Thecwordc“economy”ccomescfromcthecGreekcwordcoikonomos,cwhichcmeans
a. “environment.”
b. “production.”
c. “onecwhocmanagescachousehold.”
d. “onecwhocmakescdecisions.”
ANSWER: c
DIFFICULTY: Easy
LEARNINGcOBJECTIVES:c ECON.MANK.012c-
cApplycbasic,ceconomiccprinciplescofcindividualcdecisionc makingcthatcdetermi
nechowcanceconomycgenerallycworks.
TOPICS: Economiccthinking
KEYWORDS: BLOOM'S:cKnowledge
CUSTOMcID: 002.01.0c-cMCc-cMANK08
3. Resourcescare
a. scarcecforchouseholdscbutcplentifulcforceconomies.
b. plentifulcforchouseholdscbutcscarcecforceconomies.
c. scarcecforchouseholdscandcscarcecforceconomies.
d. plentifulcforchouseholdscandcplentifulcforceconomies.
ANSWER: c
DIFFICULTY: Easy
LEARNINGcOBJECTIVES:c ECON.MANK.012c-
cApplycbasic,ceconomiccprinciplescofcindividualcdecisionc makingcthatcdetermi
nechowcanceconomycgenerallycworks.
TOPICS:
Pagec4
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