Eco 372 - Study guides, Class notes & Summaries

The U.S. government sells gold for dollars. The transaction is recorded as a ___________ in the _____________ account. - credit, financial A migrant worker in California sends $500 home to his village in Mexico. The transaction is recorded as a ___________ in the _____________ account. - debit, current An American mutual fund manager uses the deposits of his fund investors to buy Brazilian telecommunication stocks. The transaction is recorded as a ___________ in the _____________ account...

NRES 372 FINAL EXAM 2024. economic contribution #1 - correct answer Systems determined simultaneously describe EC #1 - correct answer some issues undertaken with discipline approach estimating Pop. size Regulatory changes effect markets MOST issues include aspects of both social and resource perspective best location and design of mgmt. area ecological impacts of mgmt. decisions Eco vs Econ impacts of resource mgmt. policies Economic contribution #2 - correct answer Incentive...

Nres 372 Question and answers correctly solved 2023/2024economic contribution #1 - correct answer Systems determined simultaneously describe EC #1 - correct answer some issues undertaken with discipline approach estimating Pop. size Regulatory changes effect markets MOST issues include aspects of both social and resource perspective best location and design of mgmt. area ecological impacts of mgmt. decisions Eco vs Econ impacts of resource mgmt. policies

ECO 372 WEEK 1 QUESTION AND ANSWERS 1. The equation for net investment is written as: a. Net Investment = Consumption – Gross Investment b. Net Investment = Nominal GDP – Gross Investment c. Net Investment = Depreciation – Gross Investment d. Net Investment = Gross Investment – Depreciation 2. Which of the following scenarios would be included in GDP? a. Miguel won $100 in his office fantasy football league b. Sandra is a waitress at Morton’s Steakhouse. She receives a cash...

For each of the following scenarios, determine which time lag is most likely to result when designing and implementing fiscal policy. a. The separation of power demonstrated between the legislative and executive branches of government combined with strong partisanship attitude among our elected politicians. b. The fact that it takes economists working for the National Bureau of Economic Research months to declare the dates of peaks and troughs. c. The time it takes to design and build new ...

NRES 372 Economic contribution (EC) Questions and Certified as passed Answers 2023/2024 Economic contribution #1 - correct answer Systems determined simultaneously Describe EC #1 - correct answer some issues undertaken with discipline approach Estimating Pop. Size Regulatory changes effect markets MOST issues include aspects of both social and resource perspective Best location and design of mgmt. Area Ecological impacts of mgmt. Decisions Eco vs Econ impacts of resource mgmt. Po...

ECO/372 PRINCIPLES OF MACROECONOMICS Final Exam Study Guide updated

ECO/372 - Business Cycles, Unemployment, and Inflation Exam 2023 Graded A+ Which of the following is not part of the business cycle? Depression At what minimum age are you considered to be in the labor force? 16 unemployement rate unemployed/labor force (unemployed + employed) *100 Which type(s) of unemployment exist when the economy is at full employment? both frictional and structural unemployment The labor force is important, because it is the basis for calculating the: unemployme...