Final exam econ 101 Study guides, Class notes & Summaries

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...

New, exam (elaborations) ECON101 Final Exam, Week 8, Questions with CORRECTED answers.

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 quantity demanded - CORRECT ANSWERS b. the current price is below the equilibrium price Which of the following is an example of a stock variable? a. The a...

Which of the following statements correctly identifies a reason why low inflation can have a positive benefit to the economy? A) Inflation increases consumer demand which is necessary for combating slowdowns. B) Inflation increases consumer confidence, which is an absolute necessity to counteract business cycles. C)Inflation reduces money costs and hence stimulates an economy during slowdowns. D) Inflation sometimes increases the demand for workers that increases output 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 101 FINAL exam With Questions And 100% ALL CORRECT ANSWERS

Final Exam Econ 101 2023 If a store sells a good at the market price, even though the government authorities have set the minimum price that can be charged, the store is selling the good in a(n) black market for a market price that is lower. Jackie is the owner of a furniture store. Last year, her total revenue was $500,000 and her total labor costs were $200,000. Her overhead expenses, including insurance and legal fees, were $175,000. The rent on the building was $45,000. Jackie coul...

Econ 101 Final Exam questions and answers rated A+ correct answers 2024/2025

Econ 101 Final Exam 104 QUESTIONS AND ANSWERS GRADED A LATEST VERSION When demand increases, a. consumers are willing and able to purchase more of the good at every price b. is flowing toward businesses c. is flowing toward households d. is not used at all e. is flowing to both businesses and households - CORRECT ANSWERS a. consumers are willing and able to purchase more of the good at every price Supply curves are usually assumed to slope upward because a. profits fall as price...

ECON 101 FINAL EXAM PRACTICE QUESTIONS