ECO 1102 Study Guide - Final Guide: Scantron Corporation, Aggregate Supply, Openmarket

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ECO 1102 Full Course Notes
46
ECO 1102 Full Course Notes
Verified Note
46 documents

Document Summary

Instructions: please fill in your name and student number below and on the scan-tron sheet. Use the scan-tron sheet to answer the multiple choice and the true/false questions. This exam has 16 pages check that this copy has all of them. Identify the letter of the choice that best completes the statement or answers the question: a german citizen buys an automobile produced in the united states by a japanese company. In the country of shem, the cpi is calculated using a market basket consisting of. 5 apples, 4 loaves of bread, 3 robes and 2 gallons of gasoline. The per-unit prices of these goods have been as follows: What was the inflation rate, as measured by the cpi, between 2004 and. 2005: -8. 89 percent, -7. 14 percent, 3. 75 percent, it is impossible to determine without knowing the base year. The protesters argue that these institutions promote free trade and also encourage corporations in rich countries to invest in poor countries.