UMUC ECON201 QUIZ 2 LATEST 2015
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Question
Chapter 11 Random
Question 1 1 / 1 point
_______________________ happens when the economy is producing at its potential and unemployment is at the natural rate of unemployment.
a) Stagflation
b) The interest rate effect
c) The foreign price effect
d) Full employment GDP
Question 2 1 / 1 point
Melanie decided to save 20% of her annual earnings for 10 years so she would have a down payment for a house. After 5 years, what change in the economy would cause an increase in the purchasing pow...
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UMUC ECON201 QUIZ 2 LATEST 2015•UMUC ECON201 QUIZ 2 LATEST 2015
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Question
Chapter 11 Random
Question 1 1 / 1 point
_______________________ happens when the economy is producing at its potential and unemployment is at the natural rate of unemployment.
a) Stagflation
b) The interest rate effect
c) The foreign price effect
d) Full employment GDP
Question 2 1 / 1 point
Melanie decided to save 20% of her annual earnings for 10 years so she would have a down payment for a house. After 5 years, what change in the economy would cause an increase in the purchasing pow...