Econ 104 final exam - Study guides, Class notes & Summaries
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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 
GUARANTEED A+
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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 
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PSU Econ 104 Final Exam – Brown || with 100% Error-free Solutions.
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If the required reserve ration is 20%, the simple deposit multiplier is _______ 
A. 2 
B. 5 
C. 10 
D. 20 correct answers 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 correct answers C. $10,000 
 
This is how much money she puts in the bank. 
 
Imagine that Kristy deposits $10...
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PSU Econ 104 Final Exam || All Questions Answered Correctly.
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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 answers 1, 2, and 3 
 
True or false: Macroeconomics is the study of the economy as a whole which includes topics such a...
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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 
 
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 th...
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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 Questions And Answers (Verified And Updated)
- Exam (elaborations) • 9 pages • 2024
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Econ 104 Final Exam Questions And 
Answers (Verified And Updated) 
Nominal GDP - answerthe value of final goods and services evaluated at current-year prices 
How to calculate nominal GDP - answerC + I + G +NX 
Real GDP - answerThe value of final goods and services evaluated at base-year prices 
How to calculate real GDP - answerP*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 ea...
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GMU Econ 104 Final Exam with Complete Solutions
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GMU Econ 104 Final Exam with Complete Solutions
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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 104 Final Exam Questions And Answers (Verified And Updated)
- Exam (elaborations) • 9 pages • 2024
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- $11.49
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Econ 104 Final Exam Questions And 
Answers (Verified And Updated) 
Nominal GDP - answerthe value of final goods and services evaluated at current-year prices 
How to calculate nominal GDP - answerC + I + G +NX 
Real GDP - answerThe value of final goods and services evaluated at base-year prices 
How to calculate real GDP - answerP*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 ea...
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