Into to econ - Study guides, Class notes & Summaries
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PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+ - Brown
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PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+ - Brown 
 
If the required reserve ration is 20%, the simple deposit multiplier is _______ 
A. 2 
B. 5 
C. 10 
D. 20 
B. 5 
 
1/.2 = 5 
Imagine that Kristy deposits $10,000 of currency into her checking account deposit at Bank A and the reserve ratio is 20%. As a result of Kristy's deposit, Bank A's reserves immediately increase by: 
A. $2,000 
B. $8,000 
C. $ 10,000 
D. $50,000 
C. $10,000 
 
This is how much money she puts i...
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PSU Econ 104 Final Exam Questions And Answers 100% Verified
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PSU Econ 104 Final Exam Questions And 
Answers 100% Verified 
If the required reserve ration is 20%, the simple deposit multiplier is _______ 
A. 2 
B. 5 
C. 10 
D. 20 - answerB. 5 
1/.2 = 5 
Imagine that Kristy deposits $10,000 of currency into her checking account deposit at Bank A 
and the reserve ratio is 20%. As a result of Kristy's deposit, Bank A's reserves immediately 
increase by: 
A. $2,000 
B. $8,000 
C. $ 10,000 
D. $50,000 - answerC. $10,000 
This is how much money she puts in the...
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PSU Econ 104 Final Exam Questions And Answers 100% Verified
- Exam (elaborations) • 21 pages • 2024
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PSU Econ 104 Final Exam Questions And 
Answers 100% Verified 
If the required reserve ration is 20%, the simple deposit multiplier is _______ 
A. 2 
B. 5 
C. 10 
D. 20 - answerB. 5 
1/.2 = 5 
Imagine that Kristy deposits $10,000 of currency into her checking account deposit at Bank A 
and the reserve ratio is 20%. As a result of Kristy's deposit, Bank A's reserves immediately 
increase by: 
A. $2,000 
B. $8,000 
C. $ 10,000 
D. $50,000 - answerC. $10,000 
This is how much money she puts in the...
-
PSU Econ 104 Final Exam Questions And Answers 100% Verified
- Exam (elaborations) • 21 pages • 2024
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PSU Econ 104 Final Exam Questions And 
Answers 100% Verified 
If the required reserve ration is 20%, the simple deposit multiplier is _______ 
A. 2 
B. 5 
C. 10 
D. 20 - answerB. 5 
1/.2 = 5 
Imagine that Kristy deposits $10,000 of currency into her checking account deposit at Bank A 
and the reserve ratio is 20%. As a result of Kristy's deposit, Bank A's reserves immediately 
increase by: 
A. $2,000 
B. $8,000 
C. $ 10,000 
D. $50,000 - answerC. $10,000 
This is how much money she puts in the...
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ECON 200 EXAM 2 Questions and Answers (2024/2025)(Verified Answers)
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ECON 200 EXAM 2 Questions and Answers (2024/2025)(Verified Answers)Chapter 1 
 
•	Economics is 
 
•	the study of how people make choices 
•	the study of stock trading 
•	the study of money 
•	the study of large corporations 
 
•	If it takes even a small amount of time, energy or money to acquire then a goodis 
 
•	abundant 
•	in shortage 
•	cheap 
•	scarce 
 
•	An example of a direct negative incentive is: 
 
•	providing a commission for sales. 
•	awarding a promotion f...
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Econ 248 Final Test Questions With 100% Correct Answers.
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Econ 248 Final Test Questions With 
100% Correct Answers. 
The Heckscher-Ohlin theory predicts that trade between similar industrialized countries should - 
answerbe rather limited in volume. 
Scale economies are said to be present when - answeran increase in output leads to a 
decrease in average cost. 
Internal scale economies occur when - answerexpansion of output by a firm leads to greater 
specialization of labor. 
________ is a market structure in which a large number of firms compete vigo...
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Econ 104, Goffe. PSU Exam 2024 Questions and Answers| Verified &Updated.
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Econ 104, Goffe. PSU Exam 2024 Questions and Answers| Verified &Updated. 
GDP the market value of all FINAL goods and services produced in a country during a period 
of time. 
GDP equation GDP(Y)=C (consumption) + I (investments) +G (gov purchases) +NX (net 
exports) 
Consumption expenditures made by households (excluding the purchase of a new house) 
Investment Final goods and services purchased by business firms (equipment for production 
and new buildings), changes in inventories (which is th...
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Econ Wise Practice Test
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Econ Wise Practice Test 
Which of the following financial careers are based only on commission? 
insurance brokers 
 
 
Which is the best action to find the lowest price for the amount of insurance needed? 
using the internet to compare quotes on similar insurance policies 
 
 
Contributing to a 401K plan is usually a good way to save for retirement because 
some employers match the amount of money employees contribute to the plan 
 
 
by following the advice to "pay yourself first" a person i...
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PSU Econ 104 Final Exam – Brown (Graded A+)
- Exam (elaborations) • 28 pages • 2024
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PSU Econ 104 Final Exam – Brown (Graded A+) 
If the required reserve ration is 20%, the simple deposit multiplier is _______ 
A. 2 
B. 5 
C. 10 
D. 20 -Answer-B. 5 
1/.2 = 5 
Imagine that Kristy deposits $10,000 of currency into her checking account deposit at 
Bank A and the reserve ratio is 20%. As a result of Kristy's deposit, Bank A's reserves 
immediately increase by: 
A. $2,000 
B. $8,000 
C. $ 10,000 
D. $50,000 -Answer-C. $10,000 
This is how much money she puts in the bank. 
Imagine...
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ECON 211 - Final Exam
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ECON 211 - Final Exam 
1. Economics 
Definition: - The study of how society manages its scarce resources. --- 
2. Efficiency and Equity 
Trade-off: - There is often a trade-off between efficiency and equity; society seeks to maximize the use of its 
scarce resources while attempting to distribute the benefits fairly among its members. --- 
3. Opportunity Cost of Going to College 
Definition: - The value of the best opportunity a student forfeits to attend college. --- 
4. Rational ...
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