Macroeconomicsk22ndkEditionkbykMcConnellkCH01k
Versionk1k
k
k
k
k
k
k
k
k
k
k
1k
ANSWERSkAREkLOCATEDkINkTHEkSECONDkPARTkOFkTHISkDOCUMENTk
MULTIPLE kCHOICE k-kChoosekthekonekalternativekthatkbestkcompleteskthekstatementkork
answerskthekquestion.k
1)k
k
kkkReferktokthekbudgetklinekshownkinkthekdiagram.kIfkthekconsumer'skmoney kincomekisk$40,kth
ek
1)k______
k
k
k
A)kkkpriceskof kCkandkDkcannotkbekdetermined.kk
k
B)kkkpricekof kCkisk$5kandkthekpricekof kDkisk$10.k
k
C)kkkconsumerkcankobtainkakcombinationkof k5kunitskof kbothkCkandkD.k
k
D)kkkpricekof kCkisk$8kandkthekpricekof kDkisk$4.k
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Bloom'sk:kUnderstandk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
k
k
DOWNLOADkTHEkTestkBankkforkMacroeconomicsk22ndkEditionkMcConnell
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Macroeconomicsk22ndkEditionkbykMcConnellkCH01k
Versionk1k
k
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k
k
k
k
k
k
k
k
2k
,2)k
k
Supposekyoukhavekakmoneykincomekof k$10,kallkofkwhichkyoukspendkonkCokekandkpopcorn.kI
kkk
nkthek
diagram,kthekpriceskof kCokekandkpopcorn,krespectively,karek
2)k______
k
k
k
A)kkk$0.50kandk$1.00.kk
k
B)kkk$1.00kandk$0.50.k
k
C)kkk$1.00kandk$2.00.k
k
D)kkk$0.40kandk$0.50.k
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Bloom'sk:kUnderstandk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
k
k
3)k
AssumekthekpricekofkproductkY k(thekquantity kof kwhichkiskonkthekverticalkaxis)kisk$20kandk
thekpricekof kproductkXk(thekquantity kof kwhichkiskonkthekhorizontalkaxis)kisk$5.kAlsokassumekth
atk
money kincomekisk$60.kThekabsolutekvaluekof kthekslopekof kthekresultingkbudgetklinekis
3)k______
DOWNLOADkTHEkTestkBankkforkMacroeconomicsk22ndkEditionkMcConnell
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Macroeconomicsk22ndkEditionkbykMcConnellkCH01k
Versionk1k
k
k
k
k
k
k
k
k
k
k
3k
k
k
k
A)kkk4.kk
k
B)kkk1/4.k
,k
C)kkk3.k
k
D)kkk12.k
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
Bloom'sk:kAnalyzek
k
k
4)k
SupposekthatkJuliakreceiveskak$30kgiftkcardkforktheklocalkcoffeekshop,kwherekshekonly kbuysk
latteskandkmuffins.kIf kthekpricekof kaklattekisk$3kandkthekpricekof kakmuffinkisk$2,kthenkwekcank
concludekthatkJulia
4)k______
k
k
k
A)kkkshouldkonly kbuy kmuffins.kk
k
B)kkkshouldkonly kbuy klattes.k
k
C)kkkcankbuy k10klatteskork15kmuffinskif kshekchoosesktokbuy konly konekof kthektwokgoods.k
k
D)kkkcankbuy k10klatteskandk15kmuffinskwithkherk$30kgiftkcard.k
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Bloom'sk:kUnderstandk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
k
k
DOWNLOADkTHEkTestkBankkforkMacroeconomicsk22ndkEditionkMcConnell
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Macroeconomicsk22ndkEditionkbykMcConnellkCH01k
Versionk1k
k
k
k
, k
k
k
k
k
k
k
4k
5)k
Camillekiskatkthekcandy kstorekwithkGrandmakMary,kwhokoffersktokbuy kherk$10kworthkof k
candy.kIf klollipopskarek$1keachkandkcandy kbarskarek$2keach,kwhatkcombinationkof kcandy kcank
Camille'skGrandmakMary kbuy kher?
5)k______
k
k
k
A)kkktenklollipopskandkfivekcandy kbarskk
k
B)kkkfourklollipopskandkthreekcandy kbarsk
k
C)kkkthreeklollipopskandkfourkcandy kbarsk
k
D)kkktwoklollipopkandkfivekcandy kbarsk
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Bloom'sk:kUnderstandk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
k
k
6)k
Assumekthatkakconsumerkhaskakgivenkbudgetkorkincomekof k$24kandkthatkshekcankbuy konly k
twokgoods,kappleskorkbananas.kThekpricekof kankapplekisk$3.00kandkthekpricekofkakbananakisk$2.
00.k
If kthekconsumerkspentkallkofkherkbudgetkonkjustkappleskorkjustkbananas,khow kmany kappleskork
bananaskmaximum kwouldkshekbekablektokbuy?
6)k______
k
k
k
A)kkk12kappleskork8kbananask
k
k
B)kkk6kappleskork6kbananask
k
C)kkk4kappleskork6kbananask
k
D)kkk8kappleskork12kbananask
k
DOWNLOADkTHEkTestkBankkforkMacroeconomicsk22ndkEditionkMcConnell
Versionk1k
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k
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k
k
1k
ANSWERSkAREkLOCATEDkINkTHEkSECONDkPARTkOFkTHISkDOCUMENTk
MULTIPLE kCHOICE k-kChoosekthekonekalternativekthatkbestkcompleteskthekstatementkork
answerskthekquestion.k
1)k
k
kkkReferktokthekbudgetklinekshownkinkthekdiagram.kIfkthekconsumer'skmoney kincomekisk$40,kth
ek
1)k______
k
k
k
A)kkkpriceskof kCkandkDkcannotkbekdetermined.kk
k
B)kkkpricekof kCkisk$5kandkthekpricekof kDkisk$10.k
k
C)kkkconsumerkcankobtainkakcombinationkof k5kunitskof kbothkCkandkD.k
k
D)kkkpricekof kCkisk$8kandkthekpricekof kDkisk$4.k
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Bloom'sk:kUnderstandk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
k
k
DOWNLOADkTHEkTestkBankkforkMacroeconomicsk22ndkEditionkMcConnell
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Macroeconomicsk22ndkEditionkbykMcConnellkCH01k
Versionk1k
k
k
k
k
k
k
k
k
k
k
2k
,2)k
k
Supposekyoukhavekakmoneykincomekof k$10,kallkofkwhichkyoukspendkonkCokekandkpopcorn.kI
kkk
nkthek
diagram,kthekpriceskof kCokekandkpopcorn,krespectively,karek
2)k______
k
k
k
A)kkk$0.50kandk$1.00.kk
k
B)kkk$1.00kandk$0.50.k
k
C)kkk$1.00kandk$2.00.k
k
D)kkk$0.40kandk$0.50.k
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Bloom'sk:kUnderstandk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
k
k
3)k
AssumekthekpricekofkproductkY k(thekquantity kof kwhichkiskonkthekverticalkaxis)kisk$20kandk
thekpricekof kproductkXk(thekquantity kof kwhichkiskonkthekhorizontalkaxis)kisk$5.kAlsokassumekth
atk
money kincomekisk$60.kThekabsolutekvaluekof kthekslopekof kthekresultingkbudgetklinekis
3)k______
DOWNLOADkTHEkTestkBankkforkMacroeconomicsk22ndkEditionkMcConnell
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Macroeconomicsk22ndkEditionkbykMcConnellkCH01k
Versionk1k
k
k
k
k
k
k
k
k
k
k
3k
k
k
k
A)kkk4.kk
k
B)kkk1/4.k
,k
C)kkk3.k
k
D)kkk12.k
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
Bloom'sk:kAnalyzek
k
k
4)k
SupposekthatkJuliakreceiveskak$30kgiftkcardkforktheklocalkcoffeekshop,kwherekshekonly kbuysk
latteskandkmuffins.kIf kthekpricekof kaklattekisk$3kandkthekpricekof kakmuffinkisk$2,kthenkwekcank
concludekthatkJulia
4)k______
k
k
k
A)kkkshouldkonly kbuy kmuffins.kk
k
B)kkkshouldkonly kbuy klattes.k
k
C)kkkcankbuy k10klatteskork15kmuffinskif kshekchoosesktokbuy konly konekof kthektwokgoods.k
k
D)kkkcankbuy k10klatteskandk15kmuffinskwithkherk$30kgiftkcard.k
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Bloom'sk:kUnderstandk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
k
k
DOWNLOADkTHEkTestkBankkforkMacroeconomicsk22ndkEditionkMcConnell
nursytestbank.store
Macroeconomicsk22ndkEditionkbykMcConnellkCH01k
Versionk1k
k
k
k
, k
k
k
k
k
k
k
4k
5)k
Camillekiskatkthekcandy kstorekwithkGrandmakMary,kwhokoffersktokbuy kherk$10kworthkof k
candy.kIf klollipopskarek$1keachkandkcandy kbarskarek$2keach,kwhatkcombinationkof kcandy kcank
Camille'skGrandmakMary kbuy kher?
5)k______
k
k
k
A)kkktenklollipopskandkfivekcandy kbarskk
k
B)kkkfourklollipopskandkthreekcandy kbarsk
k
C)kkkthreeklollipopskandkfourkcandy kbarsk
k
D)kkktwoklollipopkandkfivekcandy kbarsk
k
k
QuestionkDetailsk
AACSBk:kReflectivekThinkingk
Accessibility k:kKeyboardkNavigationk
TestkBankk:kIk
Bloom'sk:kUnderstandk
Difficulty k:k02kMedium k
LearningkObjectivek:k01-
04kExplainkthekindividualskeconomizingkproblem kandkillustratektrade-offs,koppk
Topic k:kIndividualskEconomizingkProblem k
Accessibility k:kScreenkReaderkCompatiblek
k
k
6)k
Assumekthatkakconsumerkhaskakgivenkbudgetkorkincomekof k$24kandkthatkshekcankbuy konly k
twokgoods,kappleskorkbananas.kThekpricekof kankapplekisk$3.00kandkthekpricekofkakbananakisk$2.
00.k
If kthekconsumerkspentkallkofkherkbudgetkonkjustkappleskorkjustkbananas,khow kmany kappleskork
bananaskmaximum kwouldkshekbekablektokbuy?
6)k______
k
k
k
A)kkk12kappleskork8kbananask
k
k
B)kkk6kappleskork6kbananask
k
C)kkk4kappleskork6kbananask
k
D)kkk8kappleskork12kbananask
k
DOWNLOADkTHEkTestkBankkforkMacroeconomicsk22ndkEditionkMcConnell
