ECON 302 Midterm: ECON 302 Midterm Fall 2011

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Duration: 100 minutes (1 hour and 40 minutes) Identification: this exam has two (2) parts. Use one booklet for each part of the exam: on the cover of each exam booklet, write the appropriate part number in large font, on the cover of each exam booklet, also write: General instructions: answer all questions, no notes, graphing calculators or other aids. Illegible answers will receive no credit: label the axes and curves in any graph you draw, show your work in sections b and d. there is partial credit for most of these questions. If you write your answers in pencil, your exam will not be eligible for re-grading. Part 1 (71 points; suggested time: 55 minutes: section a: multiple choice (28 points; suggested time: 20 minutes) There is no penalty for wrong answers: they earn zero points, just like blanks: section b: problems (43 points; suggested time: 35 minutes)

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