Intermediate macroecono - Study guides, Class notes & Summaries
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Intermediate Macroeconomics Econ 304 Final Exam Questions and Answers
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Intermediate Macroeconomics Econ 304 
Final Exam Questions and Answers 
Nominal GDP measures the value of goods and services in ____ Prices, While real GDP measures the 
value of goods and services in ____ Prices - ANSWER-Current; Constant 
Two Equivalent ways to view GDP are as the: - ANSWER-total income of everyone in the economy or 
the total expenditure on the economy's output of goods and services 
Since the GDP includes only the additions to income, not transfers of assets, ____ are not...
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL exam
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL
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ECON 302-Intermediate Macroeconomic Theory Latest Update 2023 Study Guide Questions and Answers 100% Correct Highly Recommended Download to Score A Department of Economics and Statistics ECON 302 Intermediate Macroeconomic Theory Open and Distance Learn
- Summary • 92 pages • 2023
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ECON 302-Intermediate Macroeconomic Theory Latest Update 2023 Study 
Guide Questions and Answers 100% Correct Highly Recommended Download to 
Score A 
Department of Economics and Statistics 
ECON 302 
Intermediate Macroeconomic Theory 
Open and Distance Learning Instructional 
Material 
TABLE OF CONTENTS 
TABLE OF CONTENTS............................................................................. 2 
COURSE OVERVIEW.................................................................................
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INTERMEDIATE MACROECONOMICS (ECON 302) 1ST TRIMESTER 2012 Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+
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INTERMEDIATE MACROECONOMICS (ECON 302) 1ST TRIMESTER 2012 
Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+ 
Question One 
•	Assume two good economy which produces good A and B. 
 	2006 	2007 	2008 
 	P 	Q 	P 	Q 	P 	Q 
Good A 	30 	900 	31 	1000 	36 	1050 
Good B 	100 	192 	102 	200 	100 	205 
NB: Prices in US dollars. 
Required: 
•	Compute nominal GDP in each year. 	 	 	 	 	...
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL
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Intermediate Macroeconomics Exam Revision questions with answers
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Aggregate output: 
 
• National income accounts 
- ________________ system 
- used to measure aggregate economic activity 
 
• Key measures: 
- gross domestic product (GDP) 
- gross domestic income (GDI) 
- GDP ___ GDI, by construction 
- __________ variables, aggregate output per year (or per quarter, etc) 
accounting, =, flow 
 
 
 
• Three ways to measure aggregate output: GDP is the 
1. total value of the __________ goods and services produced 
2. total __________-added 
3. total _____...
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Intermediate Macroeconomics Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+
- Summary • 81 pages • 2023
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Intermediate Macroeconomics 
Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+ 

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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL exam
- Exam (elaborations) • 29 pages • 2024
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL
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(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL
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