Econ 102 final exam - Study guides, Class notes & Summaries

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Econ 102 Exam Review Questions and Answers 100% Solved The difference between nominal and real GDP is: a) Real GDP adjusts for inflation b) nominal GDP measures actual productivity c)real GDP excludes imports and exports d) nominal GDP adjusts for inflation ️️a) real GDP adjusts for inflation GDP is: A. the sum of all currency and coins in circulation. B. the value of all final goods and services produced by a government. C. the value of all final good and services produced anywhe...

Econ 102 UPDATED Actual Exam Questions and CORRECT Answers circular flow - CORRECT ANSWER- aggregate production=aggregate earnings= aggregate spending supply= demand at aggregate level GDP - CORRECT ANSWER- total market value of all final market goods and services nationally within a yr. Consumption expenditures, private investment expenditures, gov. purchases, net exports

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GBA Final Exam Study Guide Questions & Answers 2023/2024 What are all the pre-requisite courses and lower division - ANSWER-EC 110 (MATH 100) EC 111 (EC 110) MATH 112 (MATH 100) MATH 121/ 125 (MATH 112/115 CS 102 (NONE) LGS 200 (NONE) ST 260 ( MATH 112) AC 210 (EC 110) MGT 300 (EC 110 + 31HRS) MKT 300 (EC 110 +31 HRS) OM 300 (ST 260+ 31 HRS) FI 302 ( EC 110 + EC111 +AC 210 +31 HRS GBA 300 (EN 101 +EN 102 =31 HRS What is the MIN number of earned credit hours it takes to a...

History of Financial Planning - ANSWER-1960's - few stock brokers and insurance salesmen 1970's - industry went from stock and insurance sales to comprehensive financial plans 1971 - College of Financial Planning founded 1973 - first CFP's issued to 42 people 1990's - booming economy entrance of many traditional banks and brokerage houses into financial planning area Name different duties of a financial planner - ANSWER-- comprehensive financial plan - selecting overall asset alloc...

Econ 102 Exam 1 WSU Latest 2023 Graded A opportunity cost sacrifice the value of the output the person would have contributed to the civilian economy. The value of the sacrificed alternative is called the opportunity cost of an activity. Resources 1. Land includes natural resources, such as mineral deposits, oil, natural gas, water, and actual land acreage. 2. Labor is the effort of workers. 3. Physical capital is manufactured items used to produce other goods and services. 4. Human capital...