ECON 102

Pennsylvania State University - Du Bois

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Econ 102 quiz 3
  • Econ 102 quiz 3

  • Exam (elaborations) • 5 pages • 2021
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  • Econ 102 quiz 3 Question 1 of 10 10.0/ 10.0 Points Which of the following is a problem with the price system that can lead to a breakdown in the coordination of economic activity? A. The price system works silently in the background. B. Prices can be slow to adjust. C. Prices may be flexible. D. all of the above Answer Key: B Question 2 of 10 10.0/ 10.0 Points If prices are sticky A. economic activity will be coordinated efficiently. B. economic activity will not be coo...
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