Ugba - Study guides, Class notes & Summaries

UC Berkeley Econ 100B UGBA 101B Final Exam Question and answers already passed 2023/2024Rising inflation has no additional effect on an economy's well-being if: - correct answer Relative prices are unaffected, It is universally and accurately anticipated, The nominal rate of interest for both savers and borrowers rises by an amount just equal to the rate of inflation. Unanticipated increases in inflation will hurt ________ and help ________. - correct answer pensioners; borrowers "Shoe-lea...

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UGBA 101b EXAM 1 REVIEWEndogenous variables - correct answer variables that a model tries to explain Exogenous variables - correct answer autonomous factors that come from outside a theoretical model or system and that cannot be explained by the system GDP - correct answer Y = C + I + G + NX G includes - correct answer spending on goods and services: for example - purchases of trains/installation of subway rail. G excludes - correct answer transfer payments (unemployment) bc they do ...

UGBA 135 Midterm #1 Exam With 100% Correct Answers 2023 21st Century Millionare - Someone who can financially take care of themselves without help from any government agency, living the life they want to lead - After working for 40 years, only 5% of people are financially independent (don't need government assistance) - Cornerstone of their wealth = being frugal (not cheap, but value-oriented) --> budget and spend carefully, live within their means - People who succeed have goals D...

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UGBA 135 Final Exam (Fall 2021) Questions And Answers With Complete Solutions.

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UGBA 135 Final