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ECON 312 – Intermediate Macroeconomics | A+ Graded Exam Questions, Solutions, Study Guide, and Complete Material for 2025/2026

Econ 312 - Exam 2 Question and answers verified to pass 2025 Ceteris Paribus - correct answer a Latin phrase that means "all other things held constant" an ________ is any piece of property that carries value - correct answer asset -bonds -stocks -land -houses value in use - correct answer The usefulness of an asset value in exchange - correct answer the price of an asset 4 factors that determine the demand level for assets - correct answer 1. an increase in wealt...

Econ 312 Exam 4 Question and answers already passed 2025 How many members are on the Board of Governors? - correct answer 7 What is the composition of the Board of Governors? - correct answer Chair, Vice Chair, and 5 other members Who appoints the members of the Board of Governors? - correct answer the President Who confirms members of the Board of Governors? - correct answer US Senate How long is the term of the Chair and Vice Chair? Is it renewable? - correct answer 4 and y...

Econ 312 Exam 3 Question and answers 100% correct 2025 Formula for GDP - correct answer Y = C + I + G + NX C = consumption I = Investment G = Government Purchases NX = Net Exports Net Exports Formula (NX) - correct answer Exports-Imports (X-M) The Wealth Effect - correct answer Price level rises, Real income decreases, Consumption decreases. Price level decreases, Real income increases, Consumption increases. The International Trade Effect - correct answer Price level rise...

ECON 312 Exam 2 Question and answers verified to pass 2025 MRS (Marginal Rate of Substitution) - correct answer Shows how much of good y a consumer is willing to give up for more good x Slope of an indifference curve Completeness - correct answer If A&B are in any two situations, 3 possibilities can be specified: 1. A is preferred to B 2. B is preferred to A 3. A and B are equally attractive Transitivity - correct answer if "A is preferred to B" and "B is preferred to C...

ECON 312 Exam 1 Questions with complete solution 2025 Bella's budget line for x and y depends on all of the following except: A: the amount of money she has to spend on B:the price of x C: her preferences between x and y D: the price of y - correct answer C: her preferences between x and y If preferences are transitive, more is always preferred to less. - correct answer False A person with reflexive preferences is someone who does not shop carefully. - correct answer False ...

ECON 312 Exam 1 Gueye Question and answers rated A+ 2025 money - correct answer anything that can be used for the purchase of goods and services asset - correct answer piece of property that carries value wealth - correct answer assets-liabilities -medium of exchange -unit of account -store of value - correct answer 3 main function of money purchasing goods and services - correct answer primary function of money "buying" or "purchasing" - correct answer mea...

ECON 312 (UMBC) Final terms Question and answers verified to pass 2025 Active fiscal policy has - correct answer Longer inside lag and shorter outside lag Active monetary policy has - correct answer Shorter inside lag and longer outside lag Active Stabilization - correct answer Fiscal and or monetary policy should be changed based off short term fluctuations in output Adaptive Expectations - correct answer the theory that people look at past experience and gradually adapt their b...

ECON 312 - Exam 1 Study Guide Question and answers correctly solved 2025 Marx's Theory of Change - correct answer • Karl Marx concluded that capitalism isn't sustainable • Materialist conception of history: productive forces determine production relations, markets, and society itself • Why materialistic approach? His main idea is that economic forces determine how society itself is organized • Underproductive forces: labor o The agent of change to Marx is a class antagonis...

ECON 312 - EXAM 1 QUESTIONS WITH 100- CORRECT ANSWERS.