ECO 372 Final Exam Guide / ECO372 Final Exam Guide
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ECO 372 Final Exam Guide / ECO372 Final Exam Guide (Latest, 2019)
1.
Martha lends $200 to a friend who promises to return it after a year. Instead of lending it to her friend, Martha could have put the money in a bank where she could have earned an interest rate of 2 percent per annum. Martha’s opportunity cost of lending the money is _____.
A.$2
B.$204
C.$200
D. $4
 
2
The exhibit given below shows the short-run aggregate demand and supply curves in an economy, AD1 and AS1, and the long-run ...
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ECO 372 Final Exam Guide / ECO372 Final Exam Guide•ECO 372 Final Exam Guide / ECO372 Final Exam Guide
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ECO 372 Final Exam (3 sets), ECO 372 Final Exam Guide (New 2018), (Already graded A )• Por QUIZBANK
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ECO 372 Final Exam Guide / ECO372 Final Exam Guide (Latest, 2019)
1.
Martha lends $200 to a friend who promises to return it after a year. Instead of lending it to her friend, Martha could have put the money in a bank where she could have earned an interest rate of 2 percent per annum. Martha’s opportunity cost of lending the money is _____.
A.$2
B.$204
C.$200
D. $4
 
2
The exhibit given below shows the short-run aggregate demand and supply curves in an economy, AD1 and AS1, and the long-run ...