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ECO 372 Final Exam (3 sets), ECO 372 Final Exam Guide (New 2018), (Already graded A )
ECO 372 Final Exam (3 sets), ECO 372 Final Exam Guide (New 2018), (Already graded A )
[Show more]ECO 372 Final Exam (3 sets), ECO 372 Final Exam Guide (New 2018), (Already graded A )
[Show more]ECO 372 Final Exam (New)
1. News Story: Workers at a car-manufacturing plant in Flint, Michigan are laid off because the economy is weak and GM cars aren't selling well. 
GM isn't sure when the plant will reopen. What type of unemployment describes the workers' situation?
§ Frictional une...
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Add to cartECO 372 Final Exam (New)
1. News Story: Workers at a car-manufacturing plant in Flint, Michigan are laid off because the economy is weak and GM cars aren't selling well. 
GM isn't sure when the plant will reopen. What type of unemployment describes the workers' situation?
§ Frictional une...
ECO 372 final exam

As a country develops economically, what changes usually take place in the goods it exports?
•	 
Exports go from being diversified to being specialized in whatever the country finds to its comparative advantage.
•	 
Raw materials and agricultural products decline in importanc...
Preview 1 out of 8 pages
Add to cartECO 372 final exam

As a country develops economically, what changes usually take place in the goods it exports?
•	 
Exports go from being diversified to being specialized in whatever the country finds to its comparative advantage.
•	 
Raw materials and agricultural products decline in importanc...
ECO 372 Final Exam / ECO372 Final Exam (Latest)
1 The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else remaining unchanged, this will:
 
decrease the net imports of the domestic country by $5,000.
decrease the consumption expenditure in the domestic coun...
Preview 1 out of 7 pages
Add to cartECO 372 Final Exam / ECO372 Final Exam (Latest)
1 The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else remaining unchanged, this will:
 
decrease the net imports of the domestic country by $5,000.
decrease the consumption expenditure in the domestic coun...
ECO 372 Final Exam Guide / ECO372 Final Exam Guide (Latest, 2019)
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 o...
Preview 1 out of 14 pages
Add to cartECO 372 Final Exam Guide / ECO372 Final Exam Guide (Latest, 2019)
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 o...
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