For each question identify the one best answer‚ and mark your answer on the computer sheet (do not rewrite your answer in the script book). . 1) When the interest rate falls in the money market‚ the quantity of money demanded ________ and the quantity of money supplied ________. A) decreases; increases B) increases; decreases C) increases; stays the same D) stays the same; decreases 2) In short-run macroeconomic equilibrium‚ A) real GDP and the price level are determined by short-run aggregate supply
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April 2014 Final Examination Finance 1 MGCR 341 April 24‚ 2:00PM-5:00PM FINAL EXAM: Solutions Examiner: Vadim di Pietro Student Name: McGill ID: INSTRUCTIONS: a) This is a CLOSED BOOK and CLOSED NOTES examination. b) The exam is 180 minutes in length. c) SHOW YOUR WORK: In order to receive credit for your answers‚ you must show your work. Correct answers with no work shown will not receive any credit. Incorrect answers with partial correct work may receive partial credit
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Describe the key features of the Stresemann foreign policy in the years 1923-1929 (6 marks). In 1924 Stresemann and Charles G. Dawes created the Dawes Plan. The Dawes Plan reduced annual reparation payments to an affordable amount. It was also agreed that American Banks would invest in German industry. This also improved the trust the allies had in Germany‚ as they were reassured that they would get their reparation payments. In 1925 Stresemann signed the Locarno Pact. This was a treaty between
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1 1. Consumption spending is $4.5 billion‚ gross private domestic investment is $3 billion‚ and government expenditures are $2 billion. If GDP is $14 billion‚ which of the following could be true regarding exports and imports in the economy? Answer Exports are $6 billion‚ and imports are $8.5 billion. Exports are $15 billion‚ and imports are $10.5 billion. Exports are $4.5 billion‚ and imports are $2 billion. Exports are $9 billion‚ and imports are $6 billion. 10 points
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This pack of ECO 212 Final Exam consists of: ECO 212 ECO212 Final Exam A 1)Economics does not study correct or incorrect behaviors‚ but rather it assumes that economic agents make the best decisions given their knowledge of the costs and benefits. What term best describes this behavior? 2) By definition‚ what is economics the study of? 3) What is the term in economics by which a group of buyers and sellers of a product come together to trade? 4) Which of the following statements
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Carleton University Department of Economics ECON 1000 A – Introduction to Economics 2012 Summer Session (May 7 to August 15) Instructor: Brian Glabb Office: A-808 Loeb Office Hours: By Appointment E-mail: bglabb@rogers.com Objectives: This course provides an introduction to the discipline of economics‚ covering microeconomics and macroeconomics. It focuses on economic principles and concepts as well as on applications. Economic analysis is applied to a variety of contemporary
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THIS EXAMINATION WILL NOT BE DEPOSITED IN THE LIBRARY RESERVE. Brock University FINAL EXAM‚ WINTER 2014 COURSE: ITIS 2P91 DATE: WEDNESDAY‚ APRIL 16‚ 2014 PLACE: WCIBDS – IAN D. BEDDIS GYM NUMBER OF PAGES: 21 NUMBER OF STUDENTS: 67 TIME: 14:00 - 16:00 NUMBER OF HOURS: 2 STUDENT NAME (PRINT):____________________________________________________ (Last Name) (First Name) STUDENT ID#: _______________________________________ SIGNATURE: _______________________________________
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Important Things To Know * Markup = P-MCP= -1price elasticity of demand * Market demand = firm’s demand for a monopoly ONLY * TR=aQ-bQ2 and MR=a-2bQ * Monopoly output is ALWAYS LESS than competitive output * Colluding leads to the ideal situation (illegal) * MC=WMPL * X=aa+b×MPx or Y=ba+b×MPy * Y = M/Py – (Px/Py)X * Isocost Line: C(Q)=wL+rK | Variation: K=TCr-wrL | Slope: -(w/r) * Isoquant Slope: -(MPL/MPK) | MPLMPK=aKbL=∆K∆L * Optimal cost-minimization:
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MGT 420 Final Exam 1)If you select a physician solely on the reputation of the physician‚ you are basing your decision of which of the following dimensions of service quality 2)Which of the following is the most traditional definition of quality 3)Like engineers‚ operations managers are very concerned about product and process design. However‚ rather than focusing on only the technical aspects of those activities‚ operations concentrates on the __________ of these activities. 4)Which of the following
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This file of MATH 156 Final Exam shows the solutions to the following problems: 1) State the converse of the following: 2) Martians are green. Frogs are green. Therefore frogs are Martians. 3) 25‚ 175‚ 1225‚ 8575‚ 60‚025‚ . . . 4) 100; Mayan 5) A rectangle 15 units high and 11 units wide 6) Decide whether or not the set is closed under addition. { 8} 7) Estimate by rounding to the leftmost digit. 8) Perform the calculation mentally. 25 ? 25 ? 8 9) Find all the factors of the number. 56 10)
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