Ecn441 - Study guides, Class notes & Summaries

ECN441 EXAM 2023...

ECN441 Exam 1 Latest Update ...

The nominal interest rate is: - not adjusted by inflation. There can be an efficient amount of a public good provided in the private market if producers can - Overcome the non-excludability of the good Public goods are goods that are: - Non-rival in consumption, and non-excludable Cost-benefit analysis is a way to: - rank projects according to their marginal net benefits. Suppose the government provides some amount of a public good, but it results in a reduction of privat...

In 2011 the US had approximately _____% of the world's population and made approximately ______% of the world's Gross National Product: a) 5 and 10 b) 1 and 50 c) 20 and 40 d) 5 and 28 e) 20 and 20 - d Gross National Product (GNP) per capita is defined as the country's GNP divided by its: a) area of land in square miles b) total working population c) number of capitalists d) total population e) real disposable income per hectac - d The wealth of a nation is defined in te...

ECN 441 WITH TEST QUESTIONS AND ANSWERS ...