GABST COLLEGE OF DISTANCE EDUCATION UNIT

MICROECONOMICS (ECON 2161) ANSWER FOR FINAL EXAM

Part I: True/False

1. TRUE 2. TRUE 3. TRUE

4. TRUE 5. FALSE 6. TRUE
7. TRUE 8. FALSE 9. FALSE
10. FALSE 11. FALSE 12. TRUE

Part II: Multiple Choice

1. D 2. A 3. B
4. D 5. C 6. A
7. D 8. A 9. A
10. C

Part III: Matching

1. F 2. J 3. D
4. A 5. L 6. E
7. G 8. B 9. H
10. K 11. I 12. C

Part IV: Blank Space

1. Inferior goods
2. Utility
3. Market
4. Production
5. Isoquant
6. Monopolistic competition
 GABST COLLEGE OF DISTANCE EDUCATION UNIT
MACROECONOMICS (ECON 2072) ANSWER FOR FINAL EXAM
Part I: True/False

1. TRUE 2. TRUE 3. TRUE

4. TRUE 5. FALSE 6. TRUE
7. FALSE 8. FALSE 9. FALSE
10. FALSE 11. FALSE 12. TRUE

Part II: Multiple Choices

1. B 2. B 3. A
4. D 5. C 6. C
7. B 8. C 9. B
10. A

Part III: Matching

1. C 2. H 3. J
4. I 5. B 6. E
7. D 8. A 9. F
10. G 11. L 12. K

Part IV: Blank Space

1. The consumer price index

2. Economics
3. Fiscal Policy
4. GDP deflator
5. Macroeconomics
6. National Income