ECON 131 Midterm: econ131-fa2016-mt1-Yagan-soln

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8 Jan 2019
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No computer, calculator, or any electronic device allowed: no phones. Turn them o and put them in your bag: explanation should be written using pens. No pencils, except for graphs: you must submit your solutions using the exam packet provided. If you need more room to write your answers or need to re-draw a graph use the extra pages at the end. Make sure to note it clearly and accurately if your solutions continue on a di erent page: do not write your solutions on pages that say do not write on this page . Answers written on these pages will not be graded: when time is called, stop writing, immediately close your exam packet and hold it up until it is collected by one of the gsis. Do not open this test until instructed to do so. 2: true/false/uncertain (questions 1a-e) and short answer (question 1f ) (15 points, 2. 5 points per question. )