Econ 102 quiz 4 latest questions and answers Study guides, Class notes & Summaries

Econ 102 quiz 4 LATEST QUESTIONS AND ANSWERS. 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 bond...

Econ 102 quiz 5 LATEST QUESTIONS AND ANSWERS. Question 1 of 10 10.0/ 10.0 Points 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...