ECON 102 (Econ102)
Pennsylvania State University - All Campuses
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Econ 102 quiz 2
- Exam (elaborations) • 6 pages • 2024
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Econ 102 quiz 2 Question 1 of 10 10.0/ 10.0 Points Business cycles are A. movements in stock prices. B. the transfer of executives between firms. C. used to describe fluctuations in GDP. D. a description of the time required to bring a new product to market. Answer Key: C Question 2 of 10 10.0/ 10.0 Points Economists define the unemployed as individuals who are A. not currently working. B. not currently working but are actively looking for work. C. working but looking for a different job. D. wor...
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Econ 102 quiz 4
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Econ 102 quiz 4 Question 1 of 10 10.0/ 10.0 Points The supply of money in the U.S. economy is determined primarily by A. decisions made by the Federal Reserve and the U.S. Treasury. B. the actions of the Federal Reserve and the banking system. C. consumers and the banking system. D. the demand for money in the economy. Answer Key: B Question 2 of 10 10.0/ 10.0 Points One of the essential functions that a bank performs is A. purchasing government bonds. B. creating deposits by lending required re...
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Econ 102 quiz 4
- Exam (elaborations) • 6 pages • 2024
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Econ 102 quiz 4 Question 1 of 10 10.0/ 10.0 Points The supply of money in the U.S. economy is determined primarily by A. decisions made by the Federal Reserve and the U.S. Treasury. B. the actions of the Federal Reserve and the banking system. C. consumers and the banking system. D. the demand for money in the economy. Answer Key: B Question 2 of 10 10.0/ 10.0 Points One of the essential functions that a bank performs is A. purchasing government bonds. B. creating deposits by lending required re...
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS
- Exam (elaborations) • 13 pages • 2024
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS 
25. When using the economic order quantity model 
A) ordering costs increase as the level of inventory increases. 
B) carrying costs decrease as the level of inventory increases. 
C) costs are minimized when total carrying costs and total ordering costs are 
equal. 
D) none of the above 
Difficulty: Medium Type: Conceptual 
26. Hedging 
A) is a way to protect your accounts receivable position. 
B) increases risk. 
C) is a legal agreement to buy or se...
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Taxes Notes
- Class notes • 11 pages • 2023
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Supply Notes
- Class notes • 5 pages • 2023
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Notes from class on supply.
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SS and DD notes
- Class notes • 4 pages • 2023
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Notes regarding SS and DD.
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Utility and consumer decision making Notes
- Class notes • 15 pages • 2023
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Class notes on utility and decision making.
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PPF notes
- Class notes • 5 pages • 2023
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Class notes from professor and textbook on PPF.
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Exam 1 Review
- Exam (elaborations) • 18 pages • 2023
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Questions and answers on Exam 1
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