ECON 202 Final Review (Oregon State
University) Exam All Questions Solved
Correct 2025-2026 Graded A.
Temporary supply shocks:
a) would affect the short run equilibrium
b) shift the aggregate supply curve in the short run
c) are significant events that directly affect production
d) All of these are true - Answer D
An increase in overall price level:
a) generally have no effect on spending
b) result in people reducing their consumption
c) increase people's dollar-denominated wealth
d) result in people increasing their consumption - Answer B
If the government were to decrease corporate income tax, we would predict a:
a) downward movement along the aggregate demand curve
b) shift in aggregate demand to the right
c) shift straight-down of aggregate demand
d) shift in aggregate demand to the left - Answer B
Government spending:
a) tends to increase with decreases in the price level
b) is not a component of aggregate demand
c) tends to increase with increases in the price level
d) remains generally unaffected by changes in the price level - Answer D
The process of taking advantage of market inefficiencies to earn profits is called:
a)technical analysis
b) a random walk
, A default happens when a:
a) bank fails to have enough cash on hand to give all depositors their money
b) borrower pays back a loan early
c) borrower fails to pay back a loan according to the agreed upon terms
d) lender fails to allot money according to the terms set by the government - Answer C
Idiosyncratic risk:
a) is unique to a particular company or asset
b) is not generally absent from index funds
c) cannot be eliminated through diversification
d) all of these are true - Answer A
A bond is essentially:
a) an equity
b) a stock
c) a loan
d) a derivative - Answer C
In the United States, the central bank is the:
a) Federal reserve
b) National Bank of the United States
c) Congressional Budgeting Office
d)Treasury - Answer A
If the money multiplier is approximated to be 2, then the reserve ratio must be:
a) 20 percent
b) 5 percent
c) 2 percent
d)50 percent - Answer D
The amount that the bank is legally required to keep on hand is called the:
University) Exam All Questions Solved
Correct 2025-2026 Graded A.
Temporary supply shocks:
a) would affect the short run equilibrium
b) shift the aggregate supply curve in the short run
c) are significant events that directly affect production
d) All of these are true - Answer D
An increase in overall price level:
a) generally have no effect on spending
b) result in people reducing their consumption
c) increase people's dollar-denominated wealth
d) result in people increasing their consumption - Answer B
If the government were to decrease corporate income tax, we would predict a:
a) downward movement along the aggregate demand curve
b) shift in aggregate demand to the right
c) shift straight-down of aggregate demand
d) shift in aggregate demand to the left - Answer B
Government spending:
a) tends to increase with decreases in the price level
b) is not a component of aggregate demand
c) tends to increase with increases in the price level
d) remains generally unaffected by changes in the price level - Answer D
The process of taking advantage of market inefficiencies to earn profits is called:
a)technical analysis
b) a random walk
, A default happens when a:
a) bank fails to have enough cash on hand to give all depositors their money
b) borrower pays back a loan early
c) borrower fails to pay back a loan according to the agreed upon terms
d) lender fails to allot money according to the terms set by the government - Answer C
Idiosyncratic risk:
a) is unique to a particular company or asset
b) is not generally absent from index funds
c) cannot be eliminated through diversification
d) all of these are true - Answer A
A bond is essentially:
a) an equity
b) a stock
c) a loan
d) a derivative - Answer C
In the United States, the central bank is the:
a) Federal reserve
b) National Bank of the United States
c) Congressional Budgeting Office
d)Treasury - Answer A
If the money multiplier is approximated to be 2, then the reserve ratio must be:
a) 20 percent
b) 5 percent
c) 2 percent
d)50 percent - Answer D
The amount that the bank is legally required to keep on hand is called the:
