100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ECON 302 Intermediate Microeconomic Theory II summer midterm exam prep possible questions and answers 2024 Concordia University $11.49   Add to cart

Exam (elaborations)

ECON 302 Intermediate Microeconomic Theory II summer midterm exam prep possible questions and answers 2024 Concordia University

 7 views  0 purchase
  • Course
  • Institution

ECON 302 Intermediate Microeconomic Theory II summer midterm exam prep possible questions and answers 2024 Concordia University

Preview 2 out of 13  pages

  • July 24, 2024
  • 13
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Unknown
avatar-seller
ECON 302 Intermediate Microeconomic
Theory II summer midterm exam prep
possible questions and answers 2024
Concordia University

, ECON 302 Intermediate Microeconomic Theory II summer midterm exam prep possible
questions and answers 2024 Concordia University

National Savings refers to - --total output - consumption expenditure - government purchases



The real interest rate is - --- the cost of borrowing adjusted for inflation

- describes the real benefit of saving

- keeps the market for saving and investment in equilibrium



Increases in ________ typically lead to decreases consumption - --real interest rate



Decreases in interest rates typically lead to increases in - --investment



Increases in disposable income typically lead to increase in - --consumption



Increases in autonomous investment typically lead to increases in - --investment



In a closed economy, if consumers become more optimistic - --the equilibrium interest rate
should increase



If government cuts taxes - --disposable income goes up



An investment tax credit - --- is designed to incentivize higher capital stock expenditures at
any given interest rate

- may lead to increases in autonomous investment

- may put upward pressure on the interest rate

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller smartzone. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart