ECO 105: Principles of Economic Theory
Sample Multiple-Choice Questions and Answers

This page contains multiple-choice questions I have used in this course. The questions included here are representative of the material I cover in the course and expect students to master. You need Adobe Acrobat Reader to access the outlines. If you do not have Acrobat Reader, you can get it free by clicking here.

 

Chapter 1 : Economic Thinking
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Chapter 10: Measuring a Nation's Income
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Chapter 2: Mutually Beneficial Exchange
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Chapter 12: Production and Growth
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Chapter 3: Supply and Demand
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Chapter 13: Savings, Investment, and ...
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Chapter 4: Economic Efficiency
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Chapter 15: Unemployment and its Natural Rate
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Chapter 5: The Elasticity of Demand
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Chapter 16: The Monetary System
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Chapter 6: Production Costs
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Chapter 9M: International Trade
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Chapter 7: Revenues and Profit Maximization
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Chapter 20: Aggregate Demand and Aggregate Supply
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Chapter 8: The Efficiency of Firm Behavior
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Chapter 21: The Influence of Monetary and Fiscal Policy on Aggregate Demand
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Chapter 9: The Theory of Resource Markets
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