Econ 104 final - Study guides, Class notes & Summaries
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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...
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Econ 104, Goffe, PSU 2024 Exam Graded A+ | Verified & Updated
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Econ 104, Goffe, PSU 2024 Exam Graded A+ 
| Verified & Updated 
GDP -Answer-the market value of all FINAL goods and services produced in a country 
during a period of time. 
GDP equation -Answer-GDP(Y)=C (consumption) + I (investments) +G (gov purchases) 
+NX (net exports) 
Consumption -Answer-expenditures made by households (excluding the purchase of a 
new house) 
Investment -Answer-Final goods and services purchased by business firms (equipment 
for production and new buildings), changes in i...
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PSU Econ 104 Final Exam – Brown (Graded A+)
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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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PSU Econ 104 Final Exam |Questions with 100% Correct Answers | Verified | Latest Update 2024 Graded A+
- Exam (elaborations) • 27 pages • 2024
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PSU Econ 104 Final Exam |Questions with 100% 
Correct Answers | Verified | Latest Update 2024 
Graded A+
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PSU Econ 104 Final Exam |Questions with 100% Correct Answers | Verified | Latest Update 2024 Graded A+
- Exam (elaborations) • 27 pages • 2024
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PSU Econ 104 Final Exam |Questions with 100% Correct Answers | Verified | Latest Update 2024 Graded A+
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PSU Econ 104 Final Exam Questions and Answers 100% Correct
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PSU Econ 104 Final Exam Questions 
and Answers 100% Correct 
Which of the following would be an example of a microeconomic issue? Select all that apply. 
1. The federal government of Sweden offers tax credits for individuals to put solar paneling on 
their homes. 
2. Sandra takes out a loan to invest in a new business opportunity. 
3. A local sandwich shop shuts down during a recession. 
4. None of these are microeconomic issues. 1, 2, and 3 
True or false: Macroeconomics is the study of the e...
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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...
-
PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+
- Exam (elaborations) • 15 pages • 2024
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PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+ 
Which of the following would be an example of a microeconomic issue? Select all that apply. 
1. The federal government of Sweden offers tax credits for individuals to put solar paneling on 
their homes. 
2. Sandra takes out a loan to invest in a new business opportunity. 
3. A local sandwich shop shuts down during a recession. 
4. None of these are microeconomic issues. -Correct Answer-1, 2, and 3 
True or false: Macroeconomics...
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Econ 104 Final Exam With Complete Solutions Latest Update 2024
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Econ 104 Final Exam With Complete Solutions Latest Update 2024
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PSU Econ 104 Final Exam – Brown University Questions with Correct Answers 100% Verified
- Exam (elaborations) • 24 pages • 2024
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PSU Econ 104 Final Exam – Brown 
University Questions with Correct 
Answers 100% Verified 
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 mon...
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