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Multiple Choice Practice Exam Questions EPA1223
Multiple Choice Practice Exam Questions EPA1223 The real exam will have (about) 36-40 multiple-choice questions in similar format. Part of the questions concern theory, and are “abstract” in nature; the other questions will be more numerical, asking you to “apply” a model. Question 1. Consider the following two propositions: Proposition I: Fiscal policy is not effective according to neoclassical macro theory, because it leads to crowding out of private demand. Proposition II: F...
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Multiple Choice Practice Exam Questions EPA1223 The real exam will have (about) 36-40 multiple-choice questions in similar format. Part of the questions concern theory, and are “abstract” in nature; the other questions will be more numerical, asking you to “apply” a model. Question 1. Consider the following two propositions: Proposition I: Fiscal policy is not effective according to neoclassical macro theory, because it leads to crowding out of private demand. Proposition II: F...