ECO 372 Final Exam Guide 2018
Latest uploads at ECO 372 Final Exam Guide 2018. Looking for notes at ECO 372 Final Exam Guide 2018? We have lots of notes, study guides and study notes available for your school.
-
1
- 0
- 0
All courses for ECO 372 Final Exam Guide 2018
-
ECO 372 Final Exam Guide 2018 ECO 372 Final Exam Guide 20 1
Latest notes & summaries ECO 372 Final Exam Guide 2018
1. Martha lends $200 to a friend who promises to return it after a year. Instead of lending it to her friend, Martha could have put the money in a bank where she could have earned an interest rate of 2 percent per annum. Martha’s opportunity cost of lending the money is _____.
$2
$204
$200
$4
2. The exhibit given below shows the short-run aggregate demand and supply curves in an economy, AD1 and AS1, and the long-run aggregate supply curve, LRAS. The economy was initially in equilibrium when t...
- Exam (elaborations)
- • 10 pages's •
-
ECO 372 Final Exam Guide 2018•ECO 372 Final Exam Guide 2018
Preview 1 out of 10 pages
1. Martha lends $200 to a friend who promises to return it after a year. Instead of lending it to her friend, Martha could have put the money in a bank where she could have earned an interest rate of 2 percent per annum. Martha’s opportunity cost of lending the money is _____.
$2
$204
$200
$4
2. The exhibit given below shows the short-run aggregate demand and supply curves in an economy, AD1 and AS1, and the long-run aggregate supply curve, LRAS. The economy was initially in equilibrium when t...