Handout 1b

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

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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?

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## This note was uploaded on 02/11/2010 for the course ECON 100 taught by Professor Kasilwal during the Fall '07 term at CSU Long Beach.

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

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