Principles of MACROeconomics 9th Edition Mankiw Test Bank Complete Test Bank Principles of MACROeconomics 9th Edition Mankiw Questions & Answers with rationales (Chapter 1-23) PDF File All Pages All Chapters Grade A+
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Essentials of Econ by N. Gregory Mankiw All
Chapters 1 - 24omics 9th edition
PageG1
,Table of Contents. G G
Part I: INTRODUCTION.
G G
1. Ten Principles of Economics.
G G G G
2. Thinking Like an Economist.
G G G G
3. Interdependence and the Gains from Trade.
G G G G G G
Part II: HOW MARKETS WORK.
G G G G
4. The Market Forces of Supply and Demand.
G G G G G G G
5. Elasticity and Its Application.
G G G G
6. Supply, Demand, and Government Policies.
G G G G G
Part III: MARKETS AND WELFARE.
G G G G
7. Consumers, Producers, and the Efficiency of Markets.
G G G G G G G
8. Application: The Costs of Taxation.
G G G G G
9. Application: International Trade.
G G G
Part IV: THE ECONOMICS OF THE PUBLIC SECTOR.
G G G G G G G
10. Externalities.
G
11. Public Goods and Common Resources.
G G G G G
Part V: Firm Behavior and the Organization of Industry.
G G G G G G G G
PageG2
,12. The Costs of Production.
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13. Firms in Competitive Markets.
G G G G
14. Monopoly.
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Part VI: THE DATA OF MACROECONOMICS.
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15. Measuring a Nation’s Income.
G G G G
16. Measuring the Cost of Living.
G G G G G
Part VII: THE REAL ECONOMY IN THE LONG RUN.
G G G G G G G G
17. Production and Growth.
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18. Saving, Investment, and the Financial System.
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19. The Basic Tools of Finance.
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20. Unemployment and Its Natural Rate.
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Part VIII: MONEY AND PRICES IN THE LONG RUN.
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21. The Monetary System.
G G G
22. Money Growth and Inflation.
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Part IX: SHORT-RUN ECONOMIC FLUCTUATIONS.
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23. Aggregate Demand and Aggregate Supply.
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24. The Influence of Monetary and Fiscal Policy on Aggregate Demand.
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PageG3
, 1. Ten Principles of Economics.
G G G G
1. TheGEnglishGwordGthatGcomesGfromGtheGGreekGwordGforG"oneGwhoGmanagesGaGhousehold"Gis
a. market.
b. consumer.
c. producer.
d. economy.
ANSWER: d
DIFFICULTY: Easy
LEARNINGGOBJECTIVES:G ECON.MANK.012G-
GApplyGbasic,GeconomicGprinciplesGofGindividualGdecisionG makingGthatGdeter
2. TheGwordG“economy”GcomesGfromGtheGGreekGwordGoikonomos,GwhichGmeans
a. “environment.”
b. “production.”
c. “oneGwhoGmanagesGaGhousehold.”
d. “oneGwhoGmakesGdecisions.”
ANSWER: c
DIFFICULTY: Easy
LEARNINGGOBJECTIVES:G ECON.MANK.012G-
GApplyGbasic,GeconomicGprinciplesGofGindividualGdecisionG makingGthatGdeter
mineGhowGanGeconomyGgenerallyGworks.
TOPICS: EconomicGthinking
KEYWORDS: BLOOM'S:GKnowledge
CUSTOMGID: 002.01.0G-GMCG-GMANK08
3. ResourcesGare
a. scarceGforGhouseholdsGbutGplentifulGforGeconomies.
b. plentifulGforGhouseholdsGbutGscarceGforGeconomies.
c. scarceGforGhouseholdsGandGscarceGforGeconomies.
d. plentifulGforGhouseholdsGandGplentifulGforGeconomies.
ANSWER: c
DIFFICULTY: Easy
LEARNINGGOBJECTIVES:G ECON.MANK.012G-
GApplyGbasic,GeconomicGprinciplesGofGindividualGdecisionG makingGthatGdeter
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