Deflator - Study guides, Class notes & Summaries
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ASU ECN 211 Exam 2 – 2024 With 100% Correct Answers
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Microeconomics - correct answer the study of how individual households and firms make decisions and how they interact with one another in markets 
 
Macroeconomics - correct answer the study of the economy as a whole 
 
What is the goal of macroeconomics? - correct answer to explain changes that affect many households, firms, and markets simultaneously 
 
GDP deflator - correct answer a measure of the price level calculated as the ratio of nominal GDP to real GDP times 100 
 
GDP deflato...
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ECN 211 Prep Exam 2 Study Guides And All Actual Answers.
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Microeconomics - Answer the study of how individual households and firms make decisions and how they interact with one another in markets 
 
Macroeconomics - Answer the study of the economy as a whole 
 
What is the goal of macroeconomics? - Answer to explain changes that affect many households, firms, and markets simultaneously 
 
GDP deflator - Answer a measure of the price level calculated as the ratio of nominal GDP to real GDP times 100 
 
GDP deflator formula - Answer GDP de...
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ECN 211 Exam 2 With 100% Correct Answers| Graded A+
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Tariff A tax on imported goods 
Who benefits/loses from free trade? 1. Foreign producers of steel (exports steel to 
US) 
2. Buyers of steel and steel-related products (price falls and quantity increases) 
Who is worse off because of free trade? 
1. Domestic producer of steel (sells lower quantity and at a lower price) 
Who benefits from tariffs? (US steel producers example) 1. Domestic producers of 
steel (sells more at a higher price) 
Who is worse off because of the tariff? 
1. Foreign produc...
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CPA BEC Exam Review 2024 with 100% correct answers
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Demand Curve Shift Upward (direct relationship-positive shift) - correct answer The price of subsitute goods, expectations of price changes, income for normal goods, and extent of market 
 
Demand Curve Shift Downward (inverse relationship-neg. shift) - correct answer The price of complement good, income for inferior goods, and consumer boycotts 
 
SWOT analysis - correct answer strengths, weaknesses, opportunities, threats 
 
Three common measures of price inflation: - correct answer 1....
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UGBA 101b Practice Review Exam 2024.
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UGBA 101b Practice Review Exam 2024.Endogenous variables - correct answer variables that a model tries to explain 
 
Exogenous variables - correct answer autonomous factors that come from outside a theoretical model or system and that cannot be explained by the system 
 
GDP - correct answer Y = C + I + G + NX 
 
G includes - correct answer spending on goods and services: for example - purchases of trains/installation of subway rail. 
 
G excludes - correct answer transfer payments (unemploymen...
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ECON 104 FINAL – GOFFE
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Nominal GDP - Answer- the value of final goods and services evaluated at current-year prices 
 
How to calculate nominal GDP - Answer- C + I + G +NX 
 
Real GDP - Answer- The value of final goods and services evaluated at base-year prices 
 
How to calculate real GDP - Answer- P*Q for every good in GDP and add them all together 
 BASE YEAR 
2014 - 100M visits at $50 each 2015 - 103M visits at $53 
 10M cars at $20,000 each 11M cars at $20,500 each 
 
real GDP for 2015: (103M * $50 + 11M * 20,000...
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Bloomberg Course 1: Part 3 - Fixed Income Latest Update Graded A+
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Bloomberg Course 1: Part 3 - Fixed 
Income Latest Update Graded A+ 
 
2 Bond yield drivers 1. Credit Risk 
2. Macroeconomics 
 
2 credit risk indicators 1. Credit ratings 
2. Credit default swaps 
 
2 factors which influence Central bank decision making 1. Inflation measures 
2. Output gap 
 
2 Tools of central bank 1. Short term interest rates 
 
2. Statements 
 
3 Inflation measures 1. GDP deflator 
 
2. CPI 
3. CPCE 
 
3 Risk factors for bond holders/buyers 1. Default 
2. Inflation 
3. Rise i...
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Econ 104 Final – Goffe || with Accurate Answers 100%.
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Nominal GDP correct answers the value of final goods and services evaluated at current-year prices 
 
How to calculate nominal GDP correct answers C + I + G +NX 
 
Real GDP correct answers The value of final goods and services evaluated at base-year prices 
 
How to calculate real GDP correct answers P*Q for every good in GDP and add them all together 
 BASE YEAR 
2014 - 100M visits at $50 each 2015 - 103M visits at $53 
 10M cars at $20,000 each 11M cars at $20,500 each 
 
real GDP for 2015: (1...
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ASU ECN 211 Exam 2 – 2024 With 100% Correct Answers
- Exam (elaborations) • 9 pages • 2024
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- $16.49
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Microeconomics - correct answer the study of how individual households and firms make decisions and how they interact with one another in markets 
 
Macroeconomics - correct answer the study of the economy as a whole 
 
What is the goal of macroeconomics? - correct answer to explain changes that affect many households, firms, and markets simultaneously 
 
GDP deflator - correct answer a measure of the price level calculated as the ratio of nominal GDP to real GDP times 100 
 
GDP deflato...
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ECON 104 Bille Goffe Final Exam Questions Reviewed And Revised With Correct Answers
- Exam (elaborations) • 78 pages • 2024
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ECON 104 Bille Goffe Final Exam 
Questions Reviewed And Revised 
With Correct Answers 
1) If nominal GDP is growing more quickly than real GDP, which 
is most likely? 
A. rising prices 
B. falling prices 
C. an expansion 
D. a recession - ANSWER 
A. rising prices 
2) Which two are most likely to go together? ___ inflation and 
___ in the GDP deflator. 
A. High, small increases 
B. High, large increases 
C. Low, small decreases 
D. Low, large decreases - ANSWER 
B. High, ...
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