Eco 372 Study guides, Class notes & Summaries

The U.S. government sells gold for dollars. The transaction is recorded as a ___________ in the _____________ account. - credit, financial A migrant worker in California sends $500 home to his village in Mexico. The transaction is recorded as a ___________ in the _____________ account. - debit, current An American mutual fund manager uses the deposits of his fund investors to buy Brazilian telecommunication stocks. The transaction is recorded as a ___________ in the _____________ account...

ECO 372 WEEK 1 QUESTION AND ANSWERS 1. The equation for net investment is written as: a. Net Investment = Consumption – Gross Investment b. Net Investment = Nominal GDP – Gross Investment c. Net Investment = Depreciation – Gross Investment d. Net Investment = Gross Investment – Depreciation 2. Which of the following scenarios would be included in GDP? a. Miguel won $100 in his office fantasy football league b. Sandra is a waitress at Morton’s Steakhouse. She receives a cash...

NRES 372 FINAL EXAM 2024. economic contribution #1 - correct answer Systems determined simultaneously describe EC #1 - correct answer some issues undertaken with discipline approach estimating Pop. size Regulatory changes effect markets MOST issues include aspects of both social and resource perspective best location and design of mgmt. area ecological impacts of mgmt. decisions Eco vs Econ impacts of resource mgmt. policies Economic contribution #2 - correct answer Incentive...

The Federal Reserve District Banks are divided: Suppose the Federal Reserve increases the amount of reserves by $100 million and the total money supply increases by $500 million. For each of the following scenarios, determine whether money is being used as a medium of account, store of value, or unit of account.

ECO/372 PRINCIPLES OF MACROECONOMICS Final Exam Study Guide updated

ECO 372 FINAL EXAM / ECO372 FINAL EXAM: LATEST-UNIVERSITY OF PHOENIX1 The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else remaining unchanged, this will: decrease the net imports of the domestic country by $5,000. decrease the consumption expenditure in the domestic country by $5,000. reduce the net exports of the domestic country by $5,000. increase the gross domestic product of the domestic country by $5,000. 2 The table given ...

1 The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else remaining unchanged, this will: • decrease the net imports of the domestic country by $5,000. • decrease the consumption expenditure in the domestic country by $5,000. • reduce the net exports of the domestic country by $5,000. • increase the gross domestic product of the domestic country by $5,000. 2 The table given below shows the total amount of spending ...

Nres 372 Question and answers correctly solved 2023/2024economic contribution #1 - correct answer Systems determined simultaneously describe EC #1 - correct answer some issues undertaken with discipline approach estimating Pop. size Regulatory changes effect markets MOST issues include aspects of both social and resource perspective best location and design of mgmt. area ecological impacts of mgmt. decisions Eco vs Econ impacts of resource mgmt. policies

NRES 372 Economic contribution (EC) Questions and Certified as passed Answers 2023/2024 Economic contribution #1 - correct answer Systems determined simultaneously Describe EC #1 - correct answer some issues undertaken with discipline approach Estimating Pop. Size Regulatory changes effect markets MOST issues include aspects of both social and resource perspective Best location and design of mgmt. Area Ecological impacts of mgmt. Decisions Eco vs Econ impacts of resource mgmt. Po...