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Page 1: ECON 102 Quiz 1

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Part 1 of 1 - 100.0/ 100.0 Points

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Page 2: ECON 102 Quiz 1

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Economics is best defined as

the study of

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Page 3: ECON 102 Quiz 1

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Page 7: ECON 102 Quiz 1

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Page 10: ECON 102 Quiz 1

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Macroeconomics differs from

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Page 11: ECON 102 Quiz 1

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Page 16: ECON 102 Quiz 1

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Page 20: ECON 102 Quiz 1

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Page 21: ECON 102 Quiz 1

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Page 22: ECON 102 Quiz 1

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Page 23: ECON 102 Quiz 1

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Page 26: ECON 102 Quiz 1

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Page 29: ECON 102 Quiz 1

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Gross domestic product

calculations count only final

goods and services because

Page 30: ECON 102 Quiz 1

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Page 31: ECON 102 Quiz 1

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Page 34: ECON 102 Quiz 1

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Page 35: ECON 102 Quiz 1

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Page 37: ECON 102 Quiz 1

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Page 38: ECON 102 Quiz 1

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Page 39: ECON 102 Quiz 1

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Page 40: ECON 102 Quiz 1

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Page 41: ECON 102 Quiz 1

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Gross investment is

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Page 42: ECON 102 Quiz 1

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Page 43: ECON 102 Quiz 1

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Page 44: ECON 102 Quiz 1

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Page 45: ECON 102 Quiz 1

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Page 46: ECON 102 Quiz 1

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Page 47: ECON 102 Quiz 1

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Page 48: ECON 102 Quiz 1

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Page 49: ECON 102 Quiz 1

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Page 50: ECON 102 Quiz 1

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Page 51: ECON 102 Quiz 1

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Page 52: ECON 102 Quiz 1

Depreciation is

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Page 53: ECON 102 Quiz 1

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Page 54: ECON 102 Quiz 1

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Page 55: ECON 102 Quiz 1

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Page 56: ECON 102 Quiz 1

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Page 57: ECON 102 Quiz 1

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Page 58: ECON 102 Quiz 1

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Page 59: ECON 102 Quiz 1

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Page 60: ECON 102 Quiz 1

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Page 61: ECON 102 Quiz 1

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Page 62: ECON 102 Quiz 1

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Transfer payments are

excluded from government

purchases in GDP accounting

because