PSU Econ 104
Brown University
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PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+ - Brown
- Exam (elaborations) • 15 pages • 2024
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PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+ - Brown 
 
If the required reserve ration is 20%, the simple deposit multiplier is _______ 
A. 2 
B. 5 
C. 10 
D. 20 
B. 5 
 
1/.2 = 5 
Imagine that Kristy deposits $10,000 of currency into her checking account deposit at Bank A and the reserve ratio is 20%. As a result of Kristy's deposit, Bank A's reserves immediately increase by: 
A. $2,000 
B. $8,000 
C. $ 10,000 
D. $50,000 
C. $10,000 
 
This is how much money she puts i...
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PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+ - Brown
- Exam (elaborations) • 13 pages • 2024
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PSU Econ 104 Final Exam Actual Questions and Answers 2024 Graded A+ - Brown 
 
Which of the following would be an example of a microeconomic issue? Select all that apply. 
1. The federal government of Sweden offers tax credits for individuals to put solar paneling on their homes. 
2. Sandra takes out a loan to invest in a new business opportunity. 
3. A local sandwich shop shuts down during a recession. 
4. None of these are microeconomic issues. 
1, 2, and 3 
True or false: Macroeconomics is th...
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