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BSNS113 Quiz Practice Questions And Answers Latest Update

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QUIZ #1: Which of the following is most likely a macroeconomic topic? a. who gains and who loses from international trade b. the role of the Reserve Bank in controlling inflation c. what the "optimal" amount of pollution is d. how taxes affect people's behavior - ACCURATE ANSWERb. the role of the Reserve Bank in controlling inflation QUIZ #1: Consider the following two statements: i. Humans tend to have effectively unlimited wants for goods and services. ii. Humans should limit ...

Economy-wide phenomena including inflation, unemployment and economic growth" is what type of economics? - ACCURATE ANSWERMacroeconomics "The study of how house holds and firms make decisions and how they interact in markets" is what type of economics? - ACCURATE ANSWERMicroeconomics What is Positive Analysis? - ACCURATE ANSWERA statement describing how something is What is Normative Analysis? - ACCURATE ANSWERA statement describing how something should be Which of the following i...

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