Econ 104 - Study guides, Class notes & Summaries
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ECON 104 FINAL EXAM QUESTIONS WITH COMPLETE ANSWERS!!
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ECON 104 FINAL EXAM QUESTIONS WITH COMPLETE ANSWERS!!
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PSU Econ 104 Final Exam – Brown with Correct Solutions 2024
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PSU Econ 104 Final Exam – Brown with 
Correct Solutions 2024 
If the required reserve ration is 20%, the simple deposit multiplier is _______ 
A. 2 
B. 5 
C. 10 
D. 20 - Answer -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 - Answer -C. $10,000 
This is how much money she puts i...
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Econ 101 Final Exam 104 QUESTIONS AND ANSWERS GRADED A LATEST VERSION
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Econ 101 Final Exam 104 QUESTIONS 
AND ANSWERS GRADED A LATEST 
VERSION 
Econ 101 Final Exam 104 QUESTIONS 
AND ANSWERS GRADED A LATEST 
VERSION 
In a competitive market, excess demand for a good exists whenever....? 
a. resources are scarce 
b. the current price is below the equilibrium price 
c. the current price is above the equilibrium price 
d. sellers are subject to the constraints imposed by input prices and technology e. the 
quantity supplied at the current price exceeds the quant...
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PSU Econ 104 Final Exam Questions and Answers 100% Correct
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PSU Econ 104 Final Exam Questions 
and Answers 100% Correct 
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 the study of the e...
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ECON 104 PN EXIT EXAM BEST EXAM SOLUTION 100% PROVEN ANSWERS LATEST UPDATE .
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ECON 104 PN EXIT EXAM BEST EXAM SOLUTION 100% PROVEN ANSWERS LATEST UPDATE .
Too much month left at the end of the money?
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PSU Econ 104 Final Exam – Brown University Questions with Correct Answers 100% Verified
- Exam (elaborations) • 24 pages • 2024
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PSU Econ 104 Final Exam – Brown 
University Questions with Correct 
Answers 100% Verified 
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 mon...
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Econ 104, Goffe, PSU Exam Questions And Answers 100% Verified
- Exam (elaborations) • 10 pages • 2024
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Econ 104, Goffe, PSU Exam Questions And 
Answers 100% Verified 
GDP - answerthe market value of all FINAL goods and services produced in a country 
during a period of time. 
GDP equation - answerGDP(Y)=C (consumption) + I (investments) +G (gov purchases) 
+NX (net exports) 
Consumption - answerexpenditures made by households (excluding the purchase of a new 
house) 
Investment - answerFinal goods and services purchased by business firms (equipment for 
production and new buildings), changes in i...
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Econ 104 Exam 3 Solved 100% Correct
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Econ 104 Exam 3 Solved 100% Correct
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Econ 104- Exam 2 Solved 100% Correct
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Econ 104- Exam 2 Solved 100% Correct
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Econ 104, Goffe, PSU Exam Questions And Answers 100% Verified
- Exam (elaborations) • 10 pages • 2024
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- $12.49
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Econ 104, Goffe, PSU Exam Questions And 
Answers 100% Verified 
GDP - answerthe market value of all FINAL goods and services produced in a country 
during a period of time. 
GDP equation - answerGDP(Y)=C (consumption) + I (investments) +G (gov purchases) 
+NX (net exports) 
Consumption - answerexpenditures made by households (excluding the purchase of a new 
house) 
Investment - answerFinal goods and services purchased by business firms (equipment for 
production and new buildings), changes in i...
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