ECO 2142 Study Guide - Midterm Guide: Debit Card, Real Wages, Shortage
9 Feb 2015
School
Department
Course
Professor
Document Summary
Instructions: the exam lasts 1 hour and 15mns, the exam is worth 100 points in total: 2. 5 points for each question, write your answers in the blanks below. You won"t get credit for circled answers: there is no need to explain your answers, good luck! 8________ 13_______ 18_______ 23_______ 28_______ 33_______ 38_______ 5________ 10_______ 15_______ 20_______ 25_______ 30_______ 35_______ 40________ Suppose production and prices of pizzas and calzones in 1997 and 2013 are as follows: : policy makers can become concerned if the unemployment rate is too low because: 1: assume that 2003 is the base year. Suppose some private firms have gone into bankruptcy because of the stock market crash. If the losses in investment expenditures due to these bankruptcies are equal to ,000,000, then the change in gdp would be equal to: 0, ,000,000, ,000,000, -,000,000. ,000,000: in the y=z model, if y < z, then unplanned inventory would _____ and the price level would _____, increase; increase.
