ECON 20B Study Guide - Final Guide: Scantron Corporation, Bank Reserves, Fisher Equation
54
ECON 20B Full Course Notes
Verified Note
54 documents
Document Summary
Instructions: choose the best answer for each question. Mark your answers on this exam and on your scantron sheet. You may not use any outside materials: calculators, smartphones, scratch paper, etc. The rest of the materials used for producing the beds are made entirely in the us. The manufacturer sells each bed to a retailer for ,000. The retailer sells each bed to a consumer for ,000. How much does each bed sale contribute to us gdp? (a) ,000. (b) ,000. (c) ,000. (d) ,000. The following data were observed for the country of gondor in 2012: To which component of gdp would this transaction contribute? (a) government purchases. (b) investment. (c) net exports. (d) consumption. 2: your friend"s company sells million of u. s. -produced steel to a brazilian company so that a new factory can be built in brazil. The inputs used to produce the hamburgers and fries were produced entirely within the us.
