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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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- Spring '08
- Economics, crude oil, Professor Beck, Division of Economics, multiple choice fillin, grading policy Syllabus