post university ECO 201 macroeconomics unit 4 midterm assignment

Question # 00004285 Posted By: vikas Updated on: 12/01/2013 01:08 AM Due on: 12/27/2013
Subject Economics Topic Macroeconomics Tutorials:
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MID-TERM

1. How does the study of economics depend on the phenomenon of scarcity?

2. Explain why an economy’s income must equal its spending.

3. What is the difference between the GDP deflator and the Consumer Price Index?

4. Explain how higher savings leads to a higher standard of living.

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  1. Tutorial # 00004083 Posted By: vikas Posted on: 12/01/2013 01:09 AM
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    based off a fixed rate for the year and the ...
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    ecomidterm.docx (12.32 KB)
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  2. Tutorial # 00044488 Posted By: lynwood.jones Posted on: 02/04/2015 01:39 AM
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    and Bob each specialize in the production of the good ...
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