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Macro Bundled Exam Questions and CORRECT Answers
Macro Bundled Exam Questions and CORRECT Answers
[Show more]Macro Bundled Exam Questions and CORRECT Answers
[Show more]Macro Final Actual Exam Questions and 
CORRECT Answers 
In the circular-flow diagram, which of the following is not a factor of production? - 
CORRECT ANSWER-- Money 
To say that a price ceiling is nonbinding is to say that the price ceiling - CORRECT 
ANSWER-- is set above the equilibrium price.
Preview 2 out of 5 pages
Add to cartMacro Final Actual Exam Questions and 
CORRECT Answers 
In the circular-flow diagram, which of the following is not a factor of production? - 
CORRECT ANSWER-- Money 
To say that a price ceiling is nonbinding is to say that the price ceiling - CORRECT 
ANSWER-- is set above the equilibrium price.
Macro Final PASSED Actual Exam 
Questions and CORRECT Answers 
"Because Coke and Pepsi are substitutes, a decrease in the price of Pepsi will cause the 
demand for Coke to decrease. This initial shift in demand for Coke results in a lower price for 
Coke; this lower price will cause the demand c...
Preview 3 out of 22 pages
Add to cartMacro Final PASSED Actual Exam 
Questions and CORRECT Answers 
"Because Coke and Pepsi are substitutes, a decrease in the price of Pepsi will cause the 
demand for Coke to decrease. This initial shift in demand for Coke results in a lower price for 
Coke; this lower price will cause the demand c...
Macro Final UPDATED Actual Exam 
Questions and CORRECT Answers 
Sue Holloway was an accountant in 1944 and earned $12,000 that year. Her son, Josh 
Holloway, is an accountant today and he earned $210,000 in 2017. Suppose the price index 
was 17.6 in 1944 and 218.4 in the current year. 
Refer to S...
Preview 2 out of 11 pages
Add to cartMacro Final UPDATED Actual Exam 
Questions and CORRECT Answers 
Sue Holloway was an accountant in 1944 and earned $12,000 that year. Her son, Josh 
Holloway, is an accountant today and he earned $210,000 in 2017. Suppose the price index 
was 17.6 in 1944 and 218.4 in the current year. 
Refer to S...
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