Test Bank
to accompany
Test Bank prepared
by Constantin
Colonescu MacEwan
University
,NETA Assessment: Test Bank to accompany Principles of Macroeconomics,
Sixth Canadian Edition
By N. Gregory Mankiw / Ronald D. Kneebone / Kenneth J. McKenzie
Test Bank prepared by Constantin Colonescu, MacEwan University
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NETA copy editor: Frances Robinson wd wd wd wd
Available on Instructor’s Resource CD ISBN . 0-17-655440-8
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COPYRIGHT ©2014 by Nelson Education Ltd. Nelson is a registered trademark used herein under licence. A
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ll rights reserved.
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ALL RIGHTS RESERVED. No part of this work covered by the copyright hereon may be reproduced or used i
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n any form or by any means—
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graphic, electronic, or mechanical, including photocopying, recording, taping, web
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ation storage and retrieval systems—without the written permission of the publisher
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ii
, TABLE OF CONTENTS wd wd
Part 1 Introduction
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Chapter 1 Ten Principles of Economics
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Chapter 2 Thinking Like an Economist
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Chapter 3 Interdependence and the Gains from Trade
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Part 2 Supply And Demand: How Markets Work
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Chapter 4 The Market Forces of Supply and Demand
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Part 3 The Data of Macroeconomics
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Chapter 5 Measuring a Nation’s Income
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Chapter 6 Measuring the Cost of Living
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Part 4 The Real Economy in the Long Run
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Chapter 7 Production and Growth
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Chapter 8 Saving, Investment, and the Financial System
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Chapter 9 Unemployment and Its Natural Rate
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Part 5 Money And Prices in the Long Run
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Chapter 10 The Monetary System
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Chapter 11 Money Growth and Inflation
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Part 6 The Macroeconomics of Open Economies
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Chapter 12 Open-Economy Macroeconomics: Basic Concepts
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Chapter 13 A Macroeconomic Theory of the Small Open Economy
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Part 7 Short-Run Economic Fluctuations
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Chapter 14 Aggregate Demand and Aggregate Supply
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Chapter 15 The Influence of Monetary and Fiscal Policy on Aggregate Demand
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Chapter 16 The Short-Run Tradeoff between Inflation and Unemployment
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Part 8 Final Thoughts
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Chapter 17 Five Debates over Macroeconomic Policy
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iii
, PREFACE
In most post-
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secondary courses, a large percentage of student assessment is based on multiple-
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w d choice testing. Many instructors use multiple- wd wd wd wd wd
choice reluctantly, believing that it is a methodology best used for testing what a student
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d remembers rather than what she or he has learned. wd wd wd wd wd wd wd w d
Nelson Education Ltd. understands that a good quality multiple-
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choice test bank can provide the means to measure higher-
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level thinking skills as well as recall. Recognizing the importance of multiple-
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choice testing in today’s classroom, we have created NETA—
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the Nelson Education Teaching Advantage program—
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to ensure the value of our high quality test banks.
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The NETA program was created in partnership with David DiBattista, a 3M National Teachi
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ng Fellow, professor of psychology at Brock University, and researcher in the area of mult
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iple- choice testing. NETA ensures that subject-
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matter experts who author test banks have had training in two areas: avoiding common
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errors in test construction, and developing multiple-
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w d choice test questions that “get beyond remembering” to assess higher-level thinking.
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All NETA test banks include David DiBattista’s guide for instructors, “Multiple Choice Test
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s: Getting Beyond Remembering.” This guide has been designed to assist you in using
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Nelson test banks to achieve your desired outcomes in your course.
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The Test Bank for Principles of Macroeconomics, Sixth Canadian Edition has been revised
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