Test Bank for Macroeconomics, 5th Edition by Charles I. Jones.pdf

DOWNLOAD THE Test Bank for Macroeconomics 22nd Edition McConnell
m m m m m m m m




Macroeconomics 22nd Edition by McConnell CH01
m m m m m




ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
m m m m m m m m m




MULTIPLEmCHOICEm-
mChoosemthemonemalternativemthatmbestmcompletesmthemstatementmormanswersmthemquestion.




1)
Refermtomthembudget mlinemshownminmthemdiagram.mIf mthemconsumer'smmoneymincomemism$40,mthe
1) m


A) pricesmof mCmand mDmcannot mbemdetermined.
B) pricemof mCmism$5mand mthempricemof mD mism$10.
C) consumermcanmobtainmamcombinationmof m5munitsmof mbothmCmand mD.
D) pricemof mCmism$8mand mthempricemof mD mism$4.



QuestionmDetails
AACSBm:mReflectivemThinkingmAccessi
bility m:mKeyboard mNavigation mTest mBan
k m:mI
Bloom'sm: mUnderstand mDif
ficulty m:m02 mMedium
LearningmObjectivem:m01-04 mExplain mthemindividualsmeconomizingmproblem mand millustratemtrade-
offs,mopp mTopicm:mIndividualsmEconomizingmProblem
Accessibility m:mScreen mReadermCompatible




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m m m m m m m m




Macroeconomics 22nd Edition by McConnell CH01
m m m m m




2)
Supposemyoumhavemammoneymincomemof m$10,mallmof mwhichmyoumspend monmCokemand mpopcorn.mInm
themdiagram,mthempricesmof mCokemand mpopcorn,mrespectively,mare
2) m


A) $0.50mand m$1.00.
B) $1.00mand m$0.50.
C) $1.00mand m$2.00.
D) $0.40mand m$0.50.



QuestionmDetails
AACSBm:mReflectivemThinkingmAccessi
bility m:mKeyboard mNavigation mTest mBan
k m:mI
Bloom'sm: mUnderstand mDif
ficulty m:m02 mMedium
LearningmObjectivem:m01-04 mExplain mthemindividualsmeconomizingmproblem mand millustratemtrade-
offs,mopp mTopicm:mIndividualsmEconomizingmProblem
Accessibility m:mScreen mReadermCompatible



3) Assumemthempricemof mproduct mY m(themquantitymof mwhichmismonmthemverticalmaxis)mism$20m
and mthempricemof mproduct mXm(themquantitymof mwhichmismonmthemhorizontalmaxis)m ism$5.mAlsomassu
memthat mmoneymincomemism$60.m Themabsolutemvalue mof mthemslopemof mthemresultingmbudget mlinem i
s

3)m

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m m m m m m m m




Macroeconomics 22nd Edition by McConnell CH01
m m m m m




A) 4.
B) 1/4.
C) 3.
D) 12.



QuestionmDetails
AACSBm:mReflectivemThinkingmAccessi
bility m:mKeyboard mNavigation mTest mBan
k m:mI
Difficulty m:m02 mMedium
LearningmObjectivem:m01-04 mExplain mthemindividualsmeconomizingmproblem mand millustratemtrade-
offs,mopp mTopicm:mIndividualsmEconomizingmProblem
Accessibility m:mScreen mReadermCompatible
mBloom'sm: mAnalyze




4) Supposemthat mJuliamreceivesmam$30mgift mcard mformthemlocalmcoffeemshop,mwheremshemonlymb
uysmlattesmand mmuffins.mIf mthempricemof mamlattemism$3mand mthempricemof mammuffinmism$2,mthenmwemca
nmconcludemthat mJulia

4)m


A) should monlymbuymmuffins.
B) should monlymbuymlattes.
C) canmbuym10mlattesmorm15mmuffinsmif mshemchoosesmtombuymonlymonemof mthemtwomgoods.
D) canmbuym10mlattesmand m15mmuffinsmwithmherm$30mgift mcard.



QuestionmDetails
AACSBm:mReflectivemThinkingmAccessi
bility m:mKeyboard mNavigation mTest mBan
k m:mI
Bloom'sm: mUnderstand mDif
ficulty m:m02 mMedium
LearningmObjectivem:m01-04 mExplain mthemindividualsmeconomizingmproblem mand millustratemtrade-
offs,mopp mTopicm:mIndividualsmEconomizingmProblem
Accessibility m:mScreen mReadermCompatible




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m m m m m m m m




Macroeconomics 22nd Edition by McConnell CH01
m m m m m




5) Camillemismat mthemcandymstoremwithmGrandmamMary,mwhomoffersmtombuymherm$10mworth
mof mcandy.mIf mlollipopsmarem$1meachmand mcandymbarsmarem$2meach,mwhat mcombinationmof mcandy


mcanmCamille'smGrandmamMarymbuymher?




5)m


A) tenmlollipopsmand mfivemcandymbars
B) fourmlollipopsmand mthreemcandymbars
C) threemlollipopsmand mfourmcandymbars
D) twomlollipopmand mfivemcandymbars



QuestionmDetails
AACSBm:mReflectivemThinkingmAccessi
bility m:mKeyboard mNavigation mTest mBan
k m:mI
Bloom'sm: mUnderstand mDif
ficulty m:m02 mMedium
LearningmObjectivem:m01-04 mExplain mthemindividualsmeconomizingmproblem mand millustratemtrade-
offs,mopp mTopicm:mIndividualsmEconomizingmProblem
Accessibility m:mScreen mReadermCompatible



6) Assumemthat mamconsumermhasmamgivenmbudget mormincomemof m$24mand mthat mshemcanmbuymo
nlymtwomgoods,mapplesmormbananas.mThempricemof manmapplemism$3.00mand mthempricemof mambananami
sm$2.00.mIf mthemconsumermspent mallmof mhermbudget monmjust mapplesmormjust mbananas,mhow mmanymap
plesmormbananasmmaximummwould mshembemablemtombuy?

6)m


A) 12mapplesmorm8mbananas
B) 6mapplesmorm6mbananas
C) 4mapplesmorm6mbananas
D) 8mapplesmorm12mbananas




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