C719 - Study guides, Class notes & Summaries

WGU C719 Pre Assessment Macroeconomics with Answers 2024

WGU C719 Macroeconomics 89 Questions with 100% Correct Answers Latest Update 2023,2024..

WGU C719 Macroeconomics89 Questions with 100% Correct Answers Latest Update 2023. Guaranteed S

WGU C719 Macroeconomics89 Questions with 100% Correct Answers Latest Update 2023. Guaranteed S WGU C719 Macroeconomics89 Questions with 100% Correct Answers Latest Update 2023. Guaranteed S

WGU C719 Macroeconomics89 Questions with 100% Correct Answers Latest Update 2023. Guaranteed S

C719 MACROECONOMICS PRE-ASSESSMENT QUESTIONS AND ANSWERS LATEST 2022/2023

According to the production possibilities curve model, as you increase the production of one good, what will happen to the sacrifices of the alternate good? - ️️They will steadily increase. A farmer fully utilizes his resources to produce cauliflower and kale. As the farmer produces more cauliflower, he has fewer resources available to produce kale. Which curve is illustrated in this scenario? - ️️Production possibilities curve What are the main foci of economics? - ️️Consum...

Macroeconomics- WGU C719 Questions And Answers Graded A+ The value of the best alternative that is sacrificed to obtain something you want is a/an Opportunity cost What is a graph that shows the various combinations of choices an individual can make with the resources available? Choice curve The assumption that all resources are alike will produce a straight line curve A curved production possibilities curve (PPC) changes the assumption that resources are alike What explains how the pro...

In the car manufacturing industry, the SUPPLY for cars has a POSITIVE SLOPE. What happens if the PRICE of the car INCREASES? - ️️-There will be MOVEMENT along the SUPPLY CURVE In the car manufacturing industry, the SUPPLY for cars has a POSITIVE SLOPE. Which two factors can cause the SUPPLY CURVE to SHIFT? - ️️-A CHANGE in the COST OF LABOR -A CHANGE in the EXPECTATIONS ABOUT THE FUTURE Textbooks and class enrollments are COMPLEMENTS. What happens to the DEMAND CURVE f...

C719 - Macroeconomics - Study Guide Questions V2The following questions are developed as a study aid for C719 - Macroeconomics. They cover importantconcepts in each competency. After reading the material for each competency, use these questions toreinforce your understanding and review further as necessary. There is no answer key; however, yourCourse Instructor will be happy to go over these with you.