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Economics
Economics
Explore the principles that govern the production, distribution, and consumption of goods and services. Economics offers insights into how societies allocate their resources.
83.8k
Questions
Q: The power not specifically granted to the federal government are vgiven to the states This is the reserved clause in which amendment of the US Constitution
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Q: What are the different types of goods
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Q: Assuming increase a price of commodity X where x is an inferior good decompose the total effect of price change into substitution n income effect also derive the demand curve
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Q: When the benefit of one particular use of a resource is greater then the opportunity cost than that resource is which of the following
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Q: What characterizes cost-benefit analysis
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Q: Why did congress impose economic sanctions on south africa
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Q: What is an example of scarcity rather than shortage
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Q: Which of these countries is not a member of the European Union Belgium Moldova Greece Ireland
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Q: Which of the following is not an example of one of the four main advantages of prices in a free market economy
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Q: What was a common belief about people who lived in the slums
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Q: Who or what determines the exchange rates in the foreign currency market
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Q: What are the characteristics of a business partnership
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Q: Did Adam smith's concept of laissez faire stipulated that government should have control of what and how much is produced
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Q: Regarding businesses that employ many teenagers
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Q: Which of these terms is defined as a decline in economic activity that usually lasts six months or longer
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Q: What does not promote increased international trade and economic growth A high tariffs B industrialization C technological improvements D trade liberalization
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Q: What does absolute advantage have to do with making economic choices
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Q: What theme would you use to examine the reason for the formation of OPEC
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Q: What is capital deepening and how does it contribute to economic growth
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Q: Why are socialist countries sometimes called welfare states
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Q: What is an example of a nation having an absolute advantage in the production of a product
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Q: Under what conditions does a nation have an absolute advantage in the production of a product
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Q: When consumers react to an increase in a goods price by consuming less of that good and more of another it is called the
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Q: What was the result of the problems plaguing the agricultural sector in the 1920s
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Q: Which was not a problem face by the ford administration
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Q: Which of these is most closely associated with the level of US imports and exports A budget deficit B national debt C trade deficit D inflation rate
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Q: What right does a business owner receive in return for a fee to a franchiser
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Q: What statement best describes Herbert Hoover's first response to the nation's economic crisis
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Q: Are gross domestic product and net national product equal
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Q: How the Federal Reserve can influence the federal funds interest rate
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Q: What best describes the efficiency function of economics
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Q: Which of the following statements accurately describes how cost and benefits care calculated
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Q: Which kind of stock market analysis focuses on the company traits such as revenues and earnings per share
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Q: Which of the following is true of decisions made using cost-benefit analsis
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Q: Which of the following helps economists judge the overall condition of particular country economy
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Q: Is responsible for keeping a close watch on the economy and keeping the president informed of economic developments and problems
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Q: The European commission is responsible for safeguarding the EU treaties and for introducing and proposing community legislation and policy.
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Q: What terms best describes an administrative system operated by multiple departments
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Q: Choose the best definition of pillar as used in the lesson.
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Q: The measurement of economic growth begins with the GNP.
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Q: Laissez-faire economics was a doctrine proposed in the late eighteenth century by this man.
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Q: What is lost by choosing one option instead of another
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Q: What occurs when the US buys more products from other countries than it sells
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Q: What characteristic of economic panics in the early 1800s
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Q: What groups of players make all the economic decisioins in a free-market system
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Q: What effect do open market operations have on the Federal Reserve
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Q: What involved with most family decisions
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Q: What is a condition that most people would NOT expect the safety net of the government to provide for
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Q: What is the economic system of communist countries is most closely related to what
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Q: What most likely to lead to an increase in wages
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