TEST-BANK for
Principles of Economics
12th Edition
Author(s): Case, Fair, Oster
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Sample Questions
  • The reoccurrence of contagious diseases should be significantly lower in a technically advanced ...
  • Assume there is no government or foreign sector. If the multiplier is 5, a $4 billion increase in ...
  • Refer to Scenario 7.5 below to answer the question(s) that follow. SCENARIO 7.5: You own and are the ...
  • Refer to Scenario 9.6 below to answer the question(s) that follow. SCENARIO 9.6: Celeste borrowed ...
  • Bill sells Mary a worthless coin that Bill deviously told Mary "belonged to an ancient Persian king ...
  • Kathleen likes avocado and crab dip. After eating avocado and crab dip with four crackers, she ...
  • Carlos can buy either sushi or eggrolls. If the prices of sushi and eggrolls triple and Carlos's ...
  • Samurai Sushi produces sushi using one variable input -- labor. Samurai Sushi is a consumer in the ...
  • A sudden increase in the price of oil causes a ________ inflation and ________ output.
  • Dynaflex Corp. is considering an investment project that costs $900 today. It expects the project ...
  • Other things equal, demand-pull inflation results in output ________ and the price level ________.
  • If the Fed increases the money supply to fight recession, a floating exchange rate will aid the Fed ...
  • The ABC Computer Company wants to increase the quantity of computers it sells by 5%. If the price ...
  • In order to discourage consumers from eating unhealthy fast food, the government is considering ...
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