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EC140 Midterm questions with accurate answers (verified)graded A+
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Calculating CPI - Answers-1. Calculate total expenditure in base year 2. Calculate how much that would cost in current year 3. Divide step 2 by step 1, x 100 4. CPI in base year is always 100 Real interest rate equation - Answers-= nominal interest rate - inflation GDP - Answers-total production in a country Inflation Using CPI - Answers-Year 2 CPI - Year 1 CPI / Year 1 CPI x 100 Nominal Interest Rate - Answers-The price paid per dollar borrowed per period of time
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EC140
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- October 16, 2023
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ec140 midterm questions with accurate answers ver
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potential gdp answers how much economy could pro
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labor force answers of people unemployed
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labour productivity answers real gdp employm
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