Econ102 quiz with answers Study guides, Class notes & Summaries
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ECON 102 Quiz 1-5 Combined Tests 2023 with complete solution
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Econ 102 Quiz 1 Updated 2023 Questions and Answers
ECON102 Quiz 2 Questions and Answers 2023 with complete solution
ECON 102 Quiz 3 Latest 2023 with complete solutions
ECON 102 Quiz 4 Questions and Answers 2023
ECON102 Quiz 5 Questions and Answers 2023
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ECON102 Quiz 2 Questions and Answers 2023 with complete solution
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ECON102 Quiz 2 Questions and Answers 2023 with complete solution
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ECON102 Quiz 2 Questions and Answers 2023 with complete solution
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ECON102 Quiz 2 Questions and Answers 2023 with complete solution
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ECON102 Quiz (With Answers).
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ECON102 Quiz (With Answers). 
1) Suppose that the real return on assets is 4% forever. Approximately what 
is it worth to have a gift from your grandparents when you are young 
that pays $2000 a year until you die: 
a. About $2,000 
b. About $5,000; 
c. About $120,000 if you expect to live for another 60 years; 
d. About $20,000 
e. About $8,000 
f. About $50,000 
Solution: The present value of the sum of all money to be received in the 
future on this “perpetuity” is given by $2,0...
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