ECON 2001.01 Midterm: ECON 2001.01_Midterm 1_2010Spring

• School: Ohio State University
• Department: Economics
• Course: ECON 2001.01
• Professor: All

Document Summary

The exam consists of 30 multiple choice questions. The exam is closed book and closed notes. Thus, the exam is worth a total of 90 points. If you answer less than 11 correct, you will have performed poorly on the exam. Please read and follow the following exam guidelines: tear off and turn in this sign in sheet along with your scantron sheet and make sure your name is on both of them. You may use a calculator; however, you may not use the programmable part of the calculator. Y c i g real ir = nominal ir inflation (both actual & expected) r yield-to-maturity. 1 i is the current market interest rate in above 2 equations. Principles of macroeconomics professor william dupor: on may 2009, 80 people are employed, 20 people are unemployed, 30 are not in the labor force.