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Econ 101 Practice Mideterm 2 PDF
Econ 101 Practice Mideterm 2 PDF
True/False.
Mark box A for True and box B for False. Each correct answer adds
2 points to your score. Each blank answer gives you 1 point.
3. The more inelastic demand for a product is, the greater the
impact of a binding price floor on consumption of the
product.
Number Answer
1 False
2 True
3 False
4 False
5 False
6 False
7 True
8 True
9 True
10 False
11 B
12 A
13 A
14 C
15 D
16 D
17 A
18 D
19 E
20 C
21 A
22 C
23 B
24 A
25 B
26 D
27 B
28 E
29 A
30 A
31 C
32 A