Handout 1b - Handout 1b Mathematic Diagnostic EC 100 The...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Handout 1b – Mathematic Diagnostic EC 100 The following handout is a diagnostic test of the mathematic skills needed for Economics 100 and 101. Please complete the handout sometime this week. You can then check your answers with the key that will be posted this weekend. If you get more than 5 wrong, I strongly suggest that you read the appendix for Chapter 1. 1. 2*12 + 4 = 2. What % of 30 is 6? 3. How much is 25% of 4? 4. If the price increases 50% from $10, how much is it? 5. Suppose that the price index increases from 50 to 55. What is the growth rate or percentage change in the price index? 6. Suppose that the price index increases from 70 to 75. What is the growth rate or percentage change in the price index? 7. What is 1/2 divided by 1/4? 8. X = 6X -2, what is X? 9. X = (1/2)X + 6, what is X?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

Handout 1b - Handout 1b Mathematic Diagnostic EC 100 The...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online