Econ 102 quiz 2 Study guides, Class notes & Summaries

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Econ 102 quiz 4 Popular
  • Econ 102 quiz 4

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  • Econ 102 quiz 4 Question 1 of 10 10.0/ 10.0 Points The supply of money in the U.S. economy is determined primarily by A. decisions made by the Federal Reserve and the U.S. Treasury. B. the actions of the Federal Reserve and the banking system. C. consumers and the banking system. D. the demand for money in the economy. Answer Key: B Question 2 of 10 10.0/ 10.0 Points One of the essential functions that a bank performs is A. purchasing government bonds. B. creating deposits by...
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Econ 102 quiz 5 Popular
  • Econ 102 quiz 5

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  • Econ 102 quiz 5. Technological progress occurs when the economy gets more output A. without any more capital or labor. B. by using more capital per worker. C. by using more capital but not more workers. D. by using more labor but not more capital. Answer Key: A Question 2 of 10 10.0/ 10.0 Points If a firm increases its use of capital while holding constant the number of workers employed, the firm is said to experience A. capital augmentation. B. investment deepening. C. labo...
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Econ 102 quiz 3 2022
  • Econ 102 quiz 3 2022

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  • Econ 102 quiz 3 Question 1 of 10 10.0/ 10.0 Points Which of the following is a problem with the price system that can lead to a breakdown in the coordination of economic activity? A. The price system works silently in the background. B. Prices can be slow to adjust. C. Prices may be flexible. D. all of the above Answer Key: B Question 2 of 10 10.0/ 10.0 Points If prices are sticky A. economic activity will be coordinated efficiently. B. economic activity will not be coo...
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS.
  • ECON 102 QUIZ 2 QUESTIONS AND ANSWERS.

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  • ECON 102 QUIZ 2 QUESTIONS AND ANSWERS. Macroeconomics considers ________ and microeconomics considers ________Correct! economywide phenomena; choices of individuals Question 2 0.5 / 0.5 pts Dr. Dave’s economics students are creating models explaining gasoline price changes. Minjun's model has realistic assumptions and is very complex. Ava's model is less complicated and less realistic. Minjun's model correctly predicts gas price increases 25% of the time. Anna's model predicts cor...
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Econ 102 QUIZ 2 ANSWERS 100% VERIFIED
  • Econ 102 QUIZ 2 ANSWERS 100% VERIFIED

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  • Econ 102 QUIZ 2 ANSWERS 100% VERIFIED
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ECON 102 QUIZ 3 - 100% Correct Questions and Answers
  • ECON 102 QUIZ 3 - 100% Correct Questions and Answers

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  • ECON 102 QUIZ 3 Question 1 of 10 Which of the following is a problem with the price system that can lead to a breakdown in the coordination of economic activity? Question 2 of 10 If prices are sticky Question 3 of 10 What are some reasons why coordination of economic affairs through the price system may not work perfectly? Question 4 of 10 One reason the aggregate demand curve is downward sloping is because of the Question 5 of 10 Which of the following would cause an increase in aggregate deman...
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Econ 102 quiz 2 ALL ANSWERS 100% CORRECT SPRING FALL-2022 LATEST GUARANTEED GRADE A+
  • Econ 102 quiz 2 ALL ANSWERS 100% CORRECT SPRING FALL-2022 LATEST GUARANTEED GRADE A+

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  • Question 1 of 10 10.0/ 10.0 Points Business cycles are A. movements in stock prices. B. the transfer of executives between firms. C. used to describe fluctuations in GDP. D. a description of the time required to bring a new product to market. Answer Key: C Question 2 of 10 10.0/ 10.0 Points Economists define the unemployed as individuals who are A. not currently working. B. not currently working but are actively looking for work. C. working but looking for a different job. D. working...
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 ECON 102 QUIZ 2 ALL ANSWERS 100% CORRECT SPRING FALL-2022 SOLUTION GUARANTEED GRADE A+
  • ECON 102 QUIZ 2 ALL ANSWERS 100% CORRECT SPRING FALL-2022 SOLUTION GUARANTEED GRADE A+

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  • Question 1 of 10 10.0/ 10.0 Points Business cycles are A. movements in stock prices. B. the transfer of executives between firms. C. used to describe fluctuations in GDP. D. a description of the time required to bring a new product to market. Answer Key: C Question 2 of 10 0.0/ 10.0 Points Economists define the unemployed as individuals who are A. not currently working. B. not currently working but are actively looking for work. C. working but looking for a differ...
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ECON 102 QUIZ 2 - 100% Correct Questions and Answers
  • ECON 102 QUIZ 2 - 100% Correct Questions and Answers

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  • ECON 102 QUIZ 2 Question 1 of 10 10.0/ 10.0 Points Business cycles are Question 2 of 10 Economists define the unemployed as individuals who are Question 3 of 10 Economists define the labor force to i nclude Question 4 of 10 People who want to work but have stopped looking for work because they could not find jobs after actively searching are called Question 5 of 10 Unemployment that naturally occurs during the normal workings of an economy as people change jobs and move across the country is cal...
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ECON 102 QUIZ 2 - 100% Correct Questions and Answers
  • ECON 102 QUIZ 2 - 100% Correct Questions and Answers

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  • ECON 102 QUIZ 2 Question 1 of 10 10.0/ 10.0 Points Business cycles are Question 2 of 10 Economists define the unemployed as individuals who are Question 3 of 10 Economists define the labor force to include Question 4 of 10 People who want to work but have stopped looking for work because they could not find jobs after actively searching are called Question 5 of 10 Unemployment that naturally occurs during the normal workings of an economy as people change jobs and move across the country is cal...
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS
  • ECON 102 QUIZ 2 QUESTIONS AND ANSWERS

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  • ECON 102 QUIZ 2 QUESTIONS AND ANSWERS 25. When using the economic order quantity model A) ordering costs increase as the level of inventory increases. B) carrying costs decrease as the level of inventory increases. C) costs are minimized when total carrying costs and total ordering costs are equal. D) none of the above Difficulty: Medium Type: Conceptual 26. Hedging A) is a way to protect your accounts receivable position. B) increases risk. C) is a legal agreement to buy or se...
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