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MCMASTERECON 2D03David FeenyFall

ECON 2D03- Final Exam Guide - Comprehensive Notes for the exam ( 47 pages long!)

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Pure competition: a market in which many producers sell a standardized (identical) product to many buyers. Market power: the ability of an individual f
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MCMASTERECON 2D03David FeenyFall

ECON 2D03- Midterm Exam Guide - Comprehensive Notes for the exam ( 33 pages long!)

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Increase in quantity supplied: rationing function of price, price movement rations away a shortage, surplus, quantity supplied > quantity demanded, occ
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Study Guide - Quiz Guide: Infant Mortality, Demand Curve, Social Cost

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There are 16 true-false questions worth 80 marks. If a part of a statement is false, then the whole statement is false. Circle a if the statement is tr
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Study Guide - Quiz Guide: Gini Coefficient, Lorenz Curve, Basicneeds

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If a part of a statement is false, then the whole statement is false. Circle a if the statement is true (t) and circle b if the statement is false (f).
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Study Guide - Quiz Guide: Competitive Equilibrium, Social Capital, Economic Surplus

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Circle a if the statement is true (t) and circle b if the statement is false (f). Globalization has led to diminished authority of the nation-state. Ac
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Study Guide - Quiz Guide: Production Function, Capital Intensity, Demand Curve

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If a part of a statement is false, then the whole statement is false. Use scan sheet to circle a if the statement is true (t) and circle b if the state
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Study Guide - Quiz Guide: Factors Of Production, Production Function, High Tech

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If a part of a statement is false, then the whole statement is false. Use scan sheet to circle a if the statement is true (t) and circle b if the state
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW1 Answer Key V1

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This problem is based on the ricardian model. Gryffindor and slytherin, use troll labor to produce 2 goods, apples and candy. (a) use the information b
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW4 Answer

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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW5 Answer

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Show all your calculations and explain all your answers. 1. (10 points) gryffindor produces 2 goods, magic potions (denoted by mp) and magic wands (den
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW6 Answer Key 2012

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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW6 Answer

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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW8 Answer

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Home assignment #8: answer key: (4 points) consider the large home country with the demand curve for tuna given by (p is the price per. 10kg, and q is
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW7 Answer

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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Study Guide - Quiz Guide: Cymbopogon, Hogwarts, Mw 50

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2. (10 points) gryffindor produces 2 goods, magic potions (denoted by mp) and magic wands (denoted by mw) using lemon grass (denoted by g) and troll la
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW2 Answer

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This problem is based on the specific factors model. Consider the economy of the shire that produces cereals and swords. Each industry employs hobbits,
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: 2019 - Practice question

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This question is based on the theory behind the use of export and production subsidies. Suppose home is a small country that exports corn. Under free t
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Lecture Notes - Lecture 1: Lorenz Curve, Autarky, Public Good

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Lecture room: kth b135 monday/wednesday/thursday 4:30 pm 5:20 pm. We tend to focus on various economic issues in non-conventional ways, where the prima
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 11: Social Insurance, Aggregate Demand

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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Lecture Notes - Lecture 1: None Of The Above, Externality, Securitization

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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 12: Monetary Policy, Aggregate Supply, Aggregate Demand

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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Lecture Notes - Times New Roman, Joan Robinson, Economic Surplus

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Office hours: monday 2:30-3:20 pm tuesday 10:30-11:20 pm or by appointment. We start with a brief review of the fundamental changes in the recent past,
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MCMASTERECON 2D03KabirFall

ECON 2D03 Lecture Notes - Lecture 4: Equal Employment Opportunity Commission, Tokenism, Welfare Reform

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MCMASTERECON 2D03KabirFall

ECON 2D03 Lecture Notes - Lecture 3: Opportunity Cost, School Voucher, Endangerment

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Justify gov"s provision of k-12 education and subsidization of college. Socially optimum amount of education is achieved if . Gov"s contribution toward
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 10: Natural-Born-Citizen Clause, Frictional Unemployment, Unemployment

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Changes in our economy: misleading impact on official unemployment rates. Personal effects: lower income, loss of employer-related health benefits, los
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 7: Social Security Debate In The United States, Social Insurance

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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 12: Gross National Product, Aggregate Supply, Aggregate Demand

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MCMASTERECON 2D03Rashid KhanSpring

ECON 2D03 Chapter Notes -Global Hunger Index, Chronic Poverty, Human Capital

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MCMASTERECON 2D03Rashid KhanSpring

ECON 2D03 Chapter Notes -Economic Capital, Social Capital, Resource Depletion

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MCMASTERECON 2D03Rashid KhanSpring

ECON 2D03 Chapter Notes -Progressive Tax, Economic Mobility

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MCMASTERECON 2D03Rashid KhanSpring

ECON 2D03 Chapter Notes -Political Freedom, Capital Intensity, Group Cohesiveness

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MCMASTERECON 2D03David FeenyFall

ECON 2D03- Final Exam Guide - Comprehensive Notes for the exam ( 47 pages long!)

OC133427347 Page
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Pure competition: a market in which many producers sell a standardized (identical) product to many buyers. Market power: the ability of an individual f
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Lecture Notes - Lecture 1: Lorenz Curve, Autarky, Public Good

OC4099848 Page
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Lecture room: kth b135 monday/wednesday/thursday 4:30 pm 5:20 pm. We tend to focus on various economic issues in non-conventional ways, where the prima
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MCMASTERECON 2D03David FeenyFall

ECON 2D03- Midterm Exam Guide - Comprehensive Notes for the exam ( 33 pages long!)

OC133427333 Page
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Increase in quantity supplied: rationing function of price, price movement rations away a shortage, surplus, quantity supplied > quantity demanded, occ
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 11: Social Insurance, Aggregate Demand

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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Lecture Notes - Lecture 1: None Of The Above, Externality, Securitization

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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 12: Monetary Policy, Aggregate Supply, Aggregate Demand

OC13342732 Page
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Lecture Notes - Times New Roman, Joan Robinson, Economic Surplus

OC703229 Page
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Office hours: monday 2:30-3:20 pm tuesday 10:30-11:20 pm or by appointment. We start with a brief review of the fundamental changes in the recent past,
View Document
MCMASTERECON 2D03KabirFall

ECON 2D03 Lecture Notes - Lecture 4: Equal Employment Opportunity Commission, Tokenism, Welfare Reform

OC3862944 Page
0
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MCMASTERECON 2D03Rashid KhanWinter

ECON 2D03 Study Guide - Quiz Guide: Factors Of Production, Production Function, High Tech

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If a part of a statement is false, then the whole statement is false. Use scan sheet to circle a if the statement is true (t) and circle b if the state
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MCMASTERECON 2D03Rashid KhanSpring

ECON 2D03 Chapter Notes -Global Hunger Index, Chronic Poverty, Human Capital

OC2718943 Page
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MCMASTERECON 2D03David FeenyFall

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ECON 2D03 Lecture Notes - Lecture 12: Aggregate Demand, Aggregate Supply, Office Supplies

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ECON 2D03 Lecture Notes - Lecture 12: Black Market, Aggregate Demand

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Caring for your children, cooking, painting, etc. Composition of gdp: goods and services of which gdp consists, as important as the total value of gdp.
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 12: Gross Domestic Product, Fiscal Policy, Aggregate Demand

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Caused by an increase in costs of production. A decline in a nations gdp (output) associated with a rise in unemployment. Technically, a decline in rea
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 11: Aggregate Demand, Government Spending, Redistribution Of Income And Wealth

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Encourage reduced consumption: good source of gov"t tax revenue. Impact of the tax- felt by producers and consumers: consumers- higher prices paid for
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 11: Social Insurance, Aggregate Demand

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ECON 2D03 Lecture Notes - Lecture 11: Redistribution Of Income And Wealth

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The total amount of money owed by the federal gov"t. Accumulation of all funds borrowed by the federal gov"t, up to the present, which have not been re
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 11: Earned Income Tax Credit, Standard Deduction, Net Income

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The value of income, earnings, property, sales, or other valued items to which a tax rate is applied. In the case of the personal income tax, the tax b
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MCMASTERECON 2D03David FeenyFall

ECON 2D03 Lecture Notes - Lecture 11: Regressive Tax, Proportional Tax, Aggregate Demand

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