Examen

ECONOMICS 372 Final Exam Guide 2- ECO 372 Final Exam 2 Study Guide Questions and Answers

6 vistas 0 veces vendidas

Grado
ECONOMICS

Institución
ECONOMICS

1 The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else remaining unchanged, this will: • decrease the net imports of the domestic country by $5,000. • decrease the consumption expenditure in the domestic country by $5,000. • red...

[Mostrar más]

Vista previa 2 fuera de 14 páginas

Ver ejemplo

Subido en 23 de marzo de 2022
Número de páginas 14
Escrito en 2021/2022
Tipo Examen
Contiene Preguntas y respuestas

eco 372 final exam 2
eco 372 final exam guide 2
economics 372 final exam guide 2
economics 372 final exam 2

Seguir

TESTSOURCE

Miembro desde 4 año 516 documentos vendidos

$11.55

Añadido

Añadir al carrito

Añadir a la lista de deseos

100% de satisfacción garantizada
Inmediatamente disponible después del pago
Tanto en línea como en PDF
No estas atado a nada

1
The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else
remaining unchanged, this will:



decrease the net imports of the domestic country by $5,000.


decrease the consumption expenditure in the domestic country by $5,000.


reduce the net exports of the domestic country by $5,000.


increase the gross domestic product of the domestic country by $5,000.

2
The table given below shows the total amount of spending in the country of Mesodonia. Mesodonia’s

gross domestic product is:



$5,660 million.


$4,560 million.


$4,160 million.


$4,710 million.

, 3
The circular-flow diagram shows that:



firms receive wages and profits from households in the products market.


households sell the factors of production to firms in the inputs market.


households supply resources to firms in the products market.


firms supply labor and other resources to the government in the factor market.

4
Martha lends $200 to a friend who promises to return it after a year. Instead of lending it to her friend,
Martha could have put the money in a bank where she could have earned an interest rate of 2 percent
per annum. Martha’s opportunity cost of lending the money is _____.



$204


$200


$2


$4

5
Following the unexpected good performance of Leathex, all its employees were given a one-time bonus.
This consequently led to a rightward shift of the demand curve for shoes manufactured by the company
and a leftward shift of the demand curve for socks. This shows that shoes are:



normal goods.

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TESTSOURCE. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for $11.55. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Empieza a vender

Vistos recientemente

Examen ·

(0)

Popular Universities in the United States

Popular books

Find notes and summaries for these qualifications

Examen

ECONOMICS 372 Final Exam Guide 2- ECO 372 Final Exam 2 Study Guide Questions and Answers

Información del documento

Temas

Escuela, estudio y materia

Vendedor

Comentarios recibidos

Vista previa del contenido