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Exam (elaborations)

Ec 202 Exam 2 Formulas Questions And Correct Answers

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EC 202 EXAM 2 FORMULAS QUESTIONS AND CORRECT ANSWERS

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Income tax rate =


Give this one a try later!


tax paid / income




Leverage ratio =


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assets / equity




CPI Rate =

, Give this one a try later!


(CPIt / CPIt-1) / CPIt-1




Budget deficit =


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revenue - expenses




Unemployment rate =


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(unemployed/labor force)* 100




Marginal propensity to consume =


Give this one a try later!


change in consumption / change in income




Change in GDP =


Give this one a try later!

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