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Intermediate Macroeconomics - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Intermediate Macroeconomics? On this page you'll find 10 study documents about Intermediate Macroeconomics.
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Exam (elaborations)
Intermediate Macroeconomics (Final) Questions and Correct Answers/ Latest Update / Already Graded
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---13January 20262025/2026A+
- According to the equation for the short-run aggregate supply, output 
will be at the natural level if: 
Ans: The price level equals the expected price level. 
According to the sticky-price model, the short-run aggregate supply 
curve will be steeper: 
Ans: The greater the proportion of firms that can adjust their 
prices immediately. 
According to the imperfect-information model, the short-run 
aggregate supply curve will be steeper: 
Ans: The faster firms incorporate information about ...
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Expert1
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Exam (elaborations)
Intermediate Macroeconomics Final Exam UPDATED ACTUAL Exam Questions and CORRECT Answers
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---10October 20242024/2025A+
- Intermediate Macroeconomics Final Exam 
UPDATED ACTUAL Exam Questions and 
CORRECT Answers 
in the context of the AD-SRAS-LRAS model, in the 1970 out price shocks would cause the 
_____ function to move to the ______ - CORRECT ANSWER- SRAS 
up 
In the Solow growth model with population growth and technological change, if n the steady 
state the marginal product of capital stock is 0.10 the depreciation rate equals 0.05, the rate of 
technological progress is 0.02 - CORRECT ANSWER- MPK=n+g+de...
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MGRADES
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Exam (elaborations)
Intermediate Macroeconomics Exam II UPDATED ACTUAL Exam Questions and CORRECT Answers
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---15October 20242024/2025A+
- Intermediate Macroeconomics Exam II 
UPDATED ACTUAL Exam Questions and 
CORRECT Answers 
Model of aggregate demand and aggregate supply - CORRECT ANSWER- Long run: 
prices flexible, output determined by factors of production & technology, unemployment 
equals its natural rate 
Short run: prices fixed, output determined by aggregate demand, unemployment negatively 
related to output 
The Keynesian cross - CORRECT ANSWER- Closed economy model; income 
determined by expenditure.
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MGRADES
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Exam (elaborations)
Intermediate Macroeconomics Econ 304 Final UPDATED ACTUAL Exam Questions and CORRECT Answers
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---7October 20242024/2025A+
- Intermediate Macroeconomics Econ 304 
Final UPDATED ACTUAL Exam 
Questions and CORRECT Answers 
Nominal GDP measures the value of goods and services in ____ Prices, While real GDP 
measures the value of goods and services in ____ Prices - CORRECT ANSWER- 
Current; Constant 
Two Equivalent ways to view GDP are as the: - CORRECT ANSWER- total income of 
everyone in the economy or the total expenditure on the economy's output of goods and 
services
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MGRADES
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Summary
Intermediate Macroeconomics Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+
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---81October 20232023/2024
- Intermediate Macroeconomics 
Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+ 

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ConvenientLearning
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Exam (elaborations)
INTERMEDIATE MACROECONOMICS (ECON 302) 1ST TRIMESTER 2012 Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+
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---24October 20232023/2024A+
- INTERMEDIATE MACROECONOMICS (ECON 302) 1ST TRIMESTER 2012 
Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+ 
Question One 
•	Assume two good economy which produces good A and B. 
 	2006 	2007 	2008 
 	P 	Q 	P 	Q 	P 	Q 
Good A 	30 	900 	31 	1000 	36 	1050 
Good B 	100 	192 	102 	200 	100 	205 
NB: Prices in US dollars. 
Required: 
•	Compute nominal GDP in each year. 	 	 	 	 	...
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ConvenientLearning
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Exam (elaborations)
Intermediate Macroeconomics Exam Revision questions with answers
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---7September 20232023/2024A+
- Aggregate output: 
 
• National income accounts 
- ________________ system 
- used to measure aggregate economic activity 
 
• Key measures: 
- gross domestic product (GDP) 
- gross domestic income (GDI) 
- GDP ___ GDI, by construction 
- __________ variables, aggregate output per year (or per quarter, etc) 
accounting, =, flow 
 
 
 
• Three ways to measure aggregate output: GDP is the 
1. total value of the __________ goods and services produced 
2. total __________-added 
3. total _____...
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