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I just received my first take home test for my ECO 221 class. The teacher said as long as we get the answers it doesn’t matter how we go about to find them, sooooo I am asking all of you for help. I think I may know a few of the answers, but am uncertain since my book for the class gives more facts then application. I have attached the take home test, As you can see the questions are more application then facts.

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Check out Wikepedia:

http://en.wikipedia.org/wiki/Economics

Start from there; good luck!

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