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Econ 102 up until Final

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ECON 102
Barry Mc Clinchey

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Econ Final Exam: • 90 questions • 60 form last 4 chapters • 30 from other 6 chapters (none from 1 and 2) • Study Case 3: banks and the money supply from chapter 10 (FNP, SNP. TNB) • know o Gross domestic product o GDP deflator o Growth o Inflation rate o CPI o Nominal GDP etc o Numerical table? o If a country savings and investment increases? Level of income increase and level of productivity increases but growth rate of income does not increase o Production function and constant returns to scale o Chapter 8: when supply curve shifts etc how interest rate changes etc long run period o Employment rate, inflation rate, define structural employment etc o Define money, M1,M2, structure of money
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