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Unformatted text preview: Exams are multiple choice fill-in Applied questions Cost of crude oil: $90/barrel Barrel = 42 gallons $90/42 = $2.14/gallon Tax per gallon in NY state = $.608/gallon Price of Oil Microeconomic issue o Trees (instead of forest) o Narrow perspective Macroeconomics o Broad, overall view of economy....
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This note was uploaded on 04/11/2008 for the course ECON 110 taught by Professor Beck during the Spring '08 term at SUNY Oneonta.
- Spring '08