Economics

Ceteris paribus means A) invisible hand. B) other things constant. C) making all the necessary ...

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A point outside a society's production possibilities curve is one that is A) unattainable given ...

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During the Great Depression A) the unemployment rate was not unusually high, but wage levels were ...

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A point inside a society's production possibilities curve represents A) an unattainable ...

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A decrease in demand would be represented by A) the price of a good going from 3 to 4. B) an ...

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In situations in which prices cannot be used to signal relative scarcities of goods, which of the ...

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Which one of the following individuals is NOT counted as unemployed? A) a recent college graduate ...

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All of the following generate positive externalities EXCEPT A) public health programs. B) lower ...

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Which of the following does NOT help explain why oligopolies exist? A) economies of scale B) ...

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A normal good is one for which A) demand increases as income increases. B) demand increases as ...

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One way that the government encourages the production of a good with positive externalities is to ...

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Which expression below matches most closely the way economists go about testing their models? A) ...

Started by Yi-Chen

When the Social Security Administration holds U.S. Treasury Bonds A) interagency borrowing has ...

Started by Chloeellawright

What is the definition of a discouraged worker? A) a member of the labor force who is working but ...

Started by Jramos095

If the government wishes to maximize its tax revenue, it should A) recognize that too high of a ...

Started by craiczarry

The demand for money refers to the desire to A) hold a good that yields utility when it is ...

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When an economy is operating efficiently, which is TRUE? A) All resources are fully employed. B) ...

Started by sarasara

According to the World Bank and the International Monetary Fund, which of the following countries ...

Started by melly21297

Explain what economic efficiency is. How does a price system lead to economic efficiency? What ...

Started by hbsimmons88

The concept of Say's law can be summed up by the phrase, A) supply creates its own demand. B) ...

Started by magmichele12

Full employment in the classical model is maintained by A) flexible interest rates. B) flexible ...

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Which of the following would typically be considered a cost of economic growth? A) increased ...

Started by wenmo

A poll conducted by a national firm finds that most Americans say they care more about safety when ...

Started by kamilo84

The difference between the gross public debt and the net public debt is that the A) gross public ...

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Which of the following is the best statement about how the amount of the net public debt that a ...

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