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ECON 312 Final Exam (NEW)

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1) Nigel runs a ferret farm in Athens, Georgia

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2) When tha prince of a cruise rises from $19,500 to $20,000, the quantity demanded decreases from 2,100 to 1,900 travelers.

3) The figure the production possibilities frontier for mario’s, a pizza and pasta producer.

4) The graph shows the market for disks in which the government has imposed a tax of $4 per disk.

5) Sara and Frank produce boards and sails for windsurfing . tha tables show their production possibilities.

6) Peter’s nice nails is a manicuring business in a perfectly competitive market in fargo.

7) The table below shows thecosts incurred at perry’s potato farm.

8) The GDP deflator in the united states in 2022 was 92, and real GDP in 2002 (in 2005 dollars) was $11.4 trillion.

9) In july 2013, M1was $2,549 billion; M2 was $10,710 billion; checkable deposits owned by individuals and business were $1,414 billion; small time deposits were $556 billion; and money market funds and other deposits were $665 billion.

10) A farm grows soybean and produces chickens. The opportunity cost of producing each of these products increases as more of it is produced.

11) Happyland is the only theme park in the nation.

12) The U.S. economy is at full employment .

13) Arun restrings tennis racquets.

14) The table provides information about a flu vaccination program.

15) Matt’s Nice Nails is a manicuring business in a perfertly competitive market in ,Miami.

16) When the Fed buys secunities from a bank, a sequence of events begins . The events are listed below.

17) Cook’s Tall Ship Cruises is a single-price monopoly.

18) The graph show an economy’s aggregate demand curve.

19) The table give the demand schedule for peanuts.

20) The graph show the market for oranges.

21) Canada reported that in AUGUST 2012, the Canadian labor force was 19.3 million, employment was 17.8 million, and the working-age population was 28.4 million.

22) The table shows the demand and supply schedules for pretzels.

23) The graph shows that represents the consumer surplus DVDs bought. Label it.

24) The base year is 2013.

25) The table provides some data for an economy in 2011and 2012.

26) At zero distance sprinted your recovery time is zero.

27) The table provides some data on real GDP and population of pacifica in 2010 and 2011.

28) The graph shows the demand curve for blankets and the market price of a blanket.

29) A decrease in the federal funds rate.

30) The table gives some data on the supply of roses in a small town.

31) The table gives some data on the supply of roses in a small town.

32) The table shows the marginal benefit and marginal cost of driving a private car into central London in 2013.

33) Ray hires students to clean houses at $350 per student per week. He leases equipment that costs $600 per week.

34) The graph shows the market for computers.

35) The graph shows the demand curve ,marginal revenue ,and marginal cost curve of Whitewater, Inc.., a producer or canoes in monopolistic.

36) The table shows the marginal benefit schedule from a college edution.

37) Draw a relationship that illustrates the following facts:

38) The GDP price index in the united states in 2000 was about 90, and real GDP in 2000 was $11.0 million (2005 dollars).

39) The table shows the demand and supply schedules for hot chocolate.

40) The BLS survey reported the number in the table for a small community of 260 people.

41) Ray hires students in the summer to sell magazine subscriptions.

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