Econ 102 quiz 2 Study guides, Class notes & Summaries
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Econ 102 QUIZ 1-8
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ECON 102 Quiz 8 Study Guide with Answers

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ECON 102 Quiz 7

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Econ 102 quiz 6

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ECON 102 Quiz 5 Study Guide with Answers

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Econ 102 quiz 4

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Econ 102 quiz 3

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Econ 102 quiz 2

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ECON 10
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Econ 102 quiz 4 LATEST QUESTIONS AND ANSWERS
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Econ 102 quiz 4 LATEST QUESTIONS AND ANSWERS. Question 1 of 10 10.0/ 10.0 Points 
The supply of money in the U.S. economy is determined primarily by 
A. decisions made by the Federal Reserve and the U.S. Treasury. 
 
B. the actions of the Federal Reserve and the banking system. 
 
C. consumers and the banking system. 
 
 D. the demand for money in the economy. 
Answer Key: B 
Question 2 of 10 10.0/ 10.0 Points 
One of the essential functions that a bank performs is 
A. purchasing government bond...
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Econ 102 quiz 5 LATEST QUESTIONS AND ANSWERS.
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Econ 102 quiz 5 LATEST QUESTIONS AND ANSWERS. Question 1 of 10 10.0/ 10.0 Points 
Technological progress occurs when the economy gets more output 
A. without any more capital or labor. 
 
B. by using more capital per worker. 
 
C. by using more capital but not more workers. 
 
D. by using more labor but not more capital. 
Answer Key: A 
Question 2 of 10 10.0/ 10.0 Points 
If a firm increases its use of capital while holding constant the number of workers employed, the firm 
is said to experience...
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS 
25.	When using the economic order quantity model 
 
 
A)	ordering costs increase as the level of inventory increases. 
 
B)	carrying costs decrease as the level of inventory increases. 
 
C)	costs are minimized when total carrying costs and total ordering costs are equal. 
 
D)	none of the above 
 
 
 
Difficulty: Medium Type: Conceptual 
 
 
 
 
 
26.	Hedging 
 
A)	is a way to protect your accounts receivable position. 
 
B)	increases risk. 
 
C)	is a lega...
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Econ 102 quiz 1 ALL ANSWERS 100% CORRECT SPRING FALL-2022 SOLUTION GUARANTEED GRADE A+
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Question 1 of 10 10.0/ 10.0 Points Economics is best defined as the study of 
A.	financial decision-making 
 
B.	how consumers make purchasing decisions. 
 
C.	choices made by people faced with scarcity. 
 
D.	inflation, unemployment, and economic growth Answer Key: C 
 
Question 2 of 10 10.0/ 10.0 Points Macroeconomics differs from microeconomics in that 
A.	macroeconomics is the study of individual markets, while microeconomics deals with the nation's economy as a whole. 
 
B.	microeconomic...
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ECON 102 Quiz 3 Questions And Answers (UPDATED SOLUTIONS).
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ECON 102 Quiz 3 Questions And Answers (UPDATED SOLUTIONS). 1) Suppose that the real return on assets is 4% forever. Approximately what 
is it worth to have a gift from your grandparents when you are young 
that pays $2000 a year until you die: 
a. About $2,000 
b. About $5,000; 
c. About $120,000 if you expect to live for another 60 years; 
d. About $20,000 
e. About $8,000 
f. About $50,000 
Solution: The present value of the sum of all money to be received in the 
future on this “perpetuity...
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Econ 102 quiz 3
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Econ 102 quiz 3 
Question 1 of 10 10.0/ 10.0 Points 
Which of the following is a problem with the price system that can lead to a breakdown in the 
coordination of economic activity? 
 A. The price system works silently in the background. 
 
 B. Prices can be slow to adjust. 
 
 C. Prices may be flexible. 
 
 D. all of the above 
Answer Key: B 
Question 2 of 10 10.0/ 10.0 Points 
If prices are sticky 
 A. economic activity will be coordinated efficiently. 
 
 B. economic activity will not be coo...
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ECON 102 quiz 1 10 10.0/ 10.0 Points
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Econ 102 quiz 1 
Question 1 of 10 10.0/ 10.0 Points 
Economics is best defined as the study of 
 A. financial decision-making 
 
 B. how consumers make purchasing decisions. 
 
 C. choices made by people faced with scarcity. 
 
 D. inflation, unemployment, and economic growth 
Answer Key: C 
Question 2 of 10 10.0/ 10.0 Points 
Macroeconomics differs from microeconomics in that 
A. macroeconomics is the study of individual markets, while microeconomics deals with the 
nation's economy as a whole...
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1. What is the primary goal of financial management? A) Increased earnings B) Maximizing cash flow C) Maximizing shareholder wealth D) Minimizing risk of the firm 2. The partnership form of organization A) avoids the double taxation of earnings and dividends found in the corporate form of organization. B) usually provides limited liability to the partners. C) has unlimited life. D) simplifies decision making. 3. Increased productivity due to technology has ...
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