ECON 104
ECON 104
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ECON 104 FINAL EXAM QUESTIONS WITH COMPLETE ANSWERS!!
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ECON 104 FINAL EXAM QUESTIONS WITH COMPLETE ANSWERS!!
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PSU Econ 104 Final Exam – Brown with Correct Solutions 2024
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PSU Econ 104 Final Exam – Brown with 
Correct Solutions 2024 
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 i...
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ECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS GUARANTEED A+
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ECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS 
GUARANTEED A+ FINAL EXAM 
ECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS 
GUARANTEED A+ECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS 
GUARANTEED AECON 104 FIRST TERM SEMESTER NOTES FOR YOUR FINAL EXAMS 
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ECON 104 PN EXIT EXAM BEST EXAM SOLUTION 100% PROVEN ANSWERS LATEST UPDATE 2022-2023 GRADED A+
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ECON 104 PN EXIT EXAM BEST EXAM SOLUTION 100% PROVEN ANSWERS LATEST UPDATE GRADED A+
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Econ 104- Exam 2 Solved 100% Correct
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Econ 104- Exam 2 Solved 100% Correct
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Econ 104 Exam 3 Solved 100% Correct
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Econ 104 Exam 3 Solved 100% Correct
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Econ 104 Goffe PSU Exam Questions And Answers 100% Verified
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Econ 104 Goffe PSU Exam Questions And 
Answers 100% Verified 
Economic growth in the 2nd quarter of this year was about_____. 
a. 1% 
b. 2% 
c. 3% 
d. 4% - answer4% 
How does capital show up in GDP? 
a. as something owned by households 
b. as something owned by firms 
c. as something purchased by households 
d. as something produced by firms - answeras something produced by firms 
T or F: Every time the government writes a check that expense shows up in GDP. 
a. True 
b. False - answerFalse 
Sin...
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Econ 104, Goffe, PSU Exam Questions And Answers 100% Verified
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Econ 104, Goffe, PSU Exam Questions And 
Answers 100% Verified 
GDP - answerthe market value of all FINAL goods and services produced in a country 
during a period of time. 
GDP equation - answerGDP(Y)=C (consumption) + I (investments) +G (gov purchases) 
+NX (net exports) 
Consumption - answerexpenditures made by households (excluding the purchase of a new 
house) 
Investment - answerFinal goods and services purchased by business firms (equipment for 
production and new buildings), changes in i...
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Econ 104, Goffe, PSU Exam Questions And Answers 100% Verified
- Exam (elaborations) • 10 pages • 2024
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Econ 104, Goffe, PSU Exam Questions And 
Answers 100% Verified 
GDP - answerthe market value of all FINAL goods and services produced in a country 
during a period of time. 
GDP equation - answerGDP(Y)=C (consumption) + I (investments) +G (gov purchases) 
+NX (net exports) 
Consumption - answerexpenditures made by households (excluding the purchase of a new 
house) 
Investment - answerFinal goods and services purchased by business firms (equipment for 
production and new buildings), changes in i...
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Econ 104 Goffe Exam Questions with Verified solutions
- Exam (elaborations) • 27 pages • 2024
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Which would be the best example of capital? 
- a tractor owned by a farmer 
- a house owned by a family 
- GM purchasing a robot for a car factory 
- stock traded on Wall Street -a tractor owned by a farmer 
Which would be the best example of a final good or service? 
- a homeowner painting their house 
- electricity purchased by Amazon 
- seeds purchased by a farmer 
- gasoline purchased by a family -gasoline purchased by a family
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