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Study Guide Updates and Errata
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The following errors have been identified in the print version of the Study Guide for use with Macroeconomics, 18e.

Chapter 1
T/F Question 11, page 6:
The question should read "unlimited economic wants" not "scarce economic wants."

Multiple Choice Question 20, page 15:
The question should read:

"If the dependent variable (vertical axis) changes by 22 units when the independent variable (horizontal axis) changes by 12 units, then the slope of the line is."

Chapter 1 Appendix
T/F Question 10:
The correct answer is False

Chapter 3 Appendix
T/F Question 5, page 42:
The question should read:

"In a market for beef, the equilibrium price will increase…"

Chapter 4
Fill-in Question 7, page 53:
The correct answers are "stocks, bonds, limited, unlimited"

Chapter 7
Multiple Choice Question 20, page 82:
Option (c) should be $298 billion

Problem 1, part b (2), page 85:
The correct answer is 2546

Chapter 12
T/F Question 11:
The correct answer is False

T/F Question 19, page 137:
The question should read: "In the short-run, an increase in aggregate demand will…"

Multiple Choice Question 20, page 138:
The question should read: "In the short-run, an increase in aggregate demand will increase"

Chapter 15
Answers, page 175:
The following True/False answers should be corrected:
Question 6 = True
Question 13 = True

Chapter 17
Fill-in Question 14:
The correct answers are "less, more, inversely"

Chapter 20
Multiple Choice Questions 4-7, page 229:
In the "Nepal Production Possibilities Table" to accompany the questions, the value for Camel Hides in Column E should be 8.

Chapter 21
Multiple Choice Question 7:
The correct answer is A

The page references for Chapters 6-21 of the Study Guide incorrectly refer to the Economics main book page numbers. Please refer to the file below for the corrected page references. Chapters 1-5, 21S, and 22W are not affected.

Corrected Macro Study Guide Page References (46.0K)






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