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Economics
Page 11
Questions (19,933)
The law of demand states that 'there is a negative relationship between the price of good and the quantity demand' cetens
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Which of the following best summarizes the impact of the 2007 recession in the United States?
(1 point) Responses It was a fairly
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My
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After investigating the impact that the communication revolution had on the global economy, which statement best represents your
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What conclusion can you draw about the level of economic development in countries with different specializations in a commodity
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Which of these would lead to the highest price?(1 point)
low supply; low demand low supply; high demand high supply; high demand
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Response areais the term used to describe the situation in which the general price of goods and services in a country is rising.
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Which one of the following statements is incorrect?
The exploitation of natural resources played an important role in the
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Capital widening refers to
a situation where capital replaces labour in the production process. a situation where the capital to
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If supply of a good decreases, the equilibrium price would __________ and the equilibrium quantity would __________, ceteris
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In spending all his income on beer and pizza, Fred finds that the marginal utility of the last pizza is currently 74, the
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Assume the price of product Y (the quantity of which is on the vertical axis) is R31 and the price of product X (the quantity of
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Which of these events would most likely cause a recession?
a. The price of gasoline rises by ten percent. b. Political leaders
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How has the standard of living in the United States generally changed over the past 100 years?
a. It has stayed more or less the
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Assuming serious drought leads to a decrease in supply of rice. This causes the equilibrium price to __________ and equilibrium
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There is an increase in the number of adverts highlighting the dangers of consuming artificial sweeteners (as opposed to sugar).
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Which of the statements is accurate regarding the benefits of the Federal Reserve issuing repurchase agreements (repos) and
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Lower costs to allow for more money for research and development is an example of how which type of entity benefits the economy?
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Which people would contribute to the GDP of the United States? Select 2 answers.
a. a U.S. citizen producing goods in Portugal b.
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How did Vietnam improve its economy in the late 1900s?
A. By decreasing reliance on exports B. By increasing central control of
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Gross domestic product (GDP) is the monetary value of all the finished goods and services produced in a country over a certain
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Name three examples of economic inviroment in economics
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What would rising demand for a certain type of car most likely lead to?
lower interest rates for all types of vehicles lower
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Jon earns $20 per hour in his current job and works 35 hours a week. His disutility of effort is equivalent to a cost of $4 per
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How has the use of e-commerce impacted local markets?
Virtual economies have emerged to meet the needs of online shoppers that
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asked by
monica
5,531 views
3. The following facts characterize the furniture
industry in the United States:39 a. The industry has been very fragmented, so
2 answers
asked by
mike
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9. What is the impact of the Fed’s interest rate hike? Explain your views in three main key points.
2 answers
asked by
11111
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Economic growth it is measured by what
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According to the classical model, if the economy starts at full employment an increase in aggregate demand will cause all of
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111
151 views
You get to choose between pizza and tacos for dinner tonight. You choose pizza. What is the opportunity cost of your decision?
*
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Hann
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Give three reasons why resources in Ghana are not fully utilized.
7 answers
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Abigail
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XYZ company’s cost function for the next four months is
C = 500,000 + 5Q A. Find the BE dollar volume of sales if the selling
39 answers
asked by
utban
9,563 views
What does it mean to say that "service sector" jobs are predominant in Europe's mixed economies today?
A. that jobs where people
6 answers
asked by
Kciity
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Which sentence BEST describes the role of mercantilism in the growth of transatlantic trade during the 1600s?
England wanted to
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asked by
Bri
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supose the following demand and cost function of duopoly firm
x=40-0.2p where x=x1+x2 c1=50+2x1+0.5x12 c2=100+10x2 drive riaction
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asked by
rediet
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How have petro-economics shaped the Middle East?
A. Economic competition among Middle Eastern states to be the top oil producer
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asked by
Michael
6,810 views
3. An industry currently has 100 firms, all of which have fixed costs of $16 and average variable cost as follows:
Quantity
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asked by
andy
1,556 views
he purpose of Kennedy’s proposed tax cut was to:
1. help the economy by stimulating consumer spending 2. reduce the
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asked by
HM
648 views
advantages and disadvantages of allocating resources through the public sector
4 answers
asked by
Sarah
3,908 views
When a firms long run avg cost curve is horizontal for a range of output, then in that range production displays:
a) constant avg
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asked by
dav-0
805 views
5. (Ch. 17 # 5) Sparkle is one firm of many in the market for toothpaste, which is in long-run
equilibrium. a. Draw a diagram
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asked by
Amanda
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which of the following statements is true of the oligopoly that can cover its varible costs and si in equilibrium?
a:p=mc=atc
1 answer
asked by
whhgn
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Which best describes how nations used the theory of mercantilism to increase their wealth in the sixteenth century?
Nations
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asked by
Rylee
1,905 views
the crowding out effect
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asked anonymously
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Monetary Policy
Current Events What issues are there currently and why?
2 answers
asked by
Eric23
97 views
Monetary Policy
Key Players Who are they? What do they do?
2 answers
asked by
Eric23
94 views
4. Which monetary policy tool serves as a ceiling for the federal funds rate?
a. Open market operations b. Interest on reserve
2 answers
asked by
111
225 views
Which monetary policy implementation tool is the primary tool the Fed uses to steer the federal funds rate into the FOMC’s
7 answers
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111
156 views
Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. This shows
2 answers
asked by
wwelover4L
204 views
Why might there be such a drastic difference in the per capita GDP of these selected countries of Southwest Asia (the Middle
2 answers
asked by
wwelover4L
174 views
what is econometrics and what makes different econometrics from economics?
2 answers
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128 views
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