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ECON 2301 EXAM 2 LATEST 2022-2023
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ECON 2301 EXAM 2 LATEST 2022-2023
1. Surprise inflation can help people who have borrowed money. True
2. All prices rise evenly during periods of inflation and deflation. False
3. What best describes why inflation occurs? Increased money supply, relative to the supply of goods and services
4. Last year you paid $24 for a round of golf and $12 to rent a golf cart. This year it cost you $30 to golf and $15 to rent a cart. Based on this simple basket of goods, calculate a price index for this year using last year as the base year. 125
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[Solved] ECON 2301 EXAM 2 LATEST 2022-2023
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ECON 2301 EXAM 2 LATEST 2022-2023
1. Surprise inflation can help people who have borrowed money. True
2. All prices rise evenly during...
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ECON 2301 Spring Worksheet Assignment
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Spring Worksheet Assignment-Cover Sheet
Student’s Name: _______________________________________
Class: ECON 2301________ Section: _____________________
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