Laws in macroeconomics - Study guides, Class notes & Summaries

TLI 152 Week 1 - 8 Quizzes | Questions and Answers The global economic trend has been for ________ countries to move toward ________. Capitalist; socialism The way in which a country's resources are utilized to produce goods and services and the way those goods and services are distributed among those who desire to have them depends upon the Economic system under which the country operates. What is the term for the periodic rises and falls that occur in economies over time? Business Cycles Wh...

Gace Elementary Education Test 1 Questions with Answers – Latest | Verified. Preconventional correct answers Kohlberg's stage of moral development in which rewards and punishments dominate moral thinking post conventional correct answers Kohlberg, whats right or wrong based on some higher moral reasoning, full internalization, adulthood if ever, not many reach it Conventional correct answers Kohlberg's stage of moral development where interpersonal accord, conformity(social norms), aut...

ECON 1100 Exam 1 With 100% Correct Answers 2023 microeconomics - Correct Answer-studies the decisions of individuals, households, and firms. focuses on the interaction of buyers and sellers. macroeconomics - Correct Answer-studies economic aggregates, such as the national unemployment rate, rate of inflation, and the economy's growth rate. positive economics - Correct Answer-deals with statements that are TRUE normative economics - Correct Answer-deals with statements of WHAT SHOULD B...

Economics - Unit 2: Exam Questions and Answers Rated A which are characteristics of macroeconomics? select all that apply. it deals with the overall condition of the economy. it measures exports and imports for international trade. what do traditional and command economies have in common? a focus on the community rather than the individual which are fundamental principles of economics? select all that apply. how will it be produced? how will it be distributed? why is scarcity a significant p...

Intro to business final exam (quiz questions) with all answers correct "blank" is equal to revenue minus expenses Examples of the social environment include all BUT WHICH of the following? The following are all true statements about entrepreneurship EXCEPT: The COBA Honor Code emphasizes a high-bar practice of In the business world, social responsibility refers to: Recently, Christian Igor announced that it will donate a portion of each sale of Ivan, an endorsed perfume, to canc...

1. International macroeconomics studies: A) decisions of individual households in other countries. B) decisions by governments in other countries. C) the interrelationship of large-scale economic issues across countries. D) the interrelationship of politics and economics within a country. 2. International macroeconomics focuses on: A) isolated nations. B) economy-wide variables such as interest rates, income, prices, and wealth. C) city-level economic problems. D) market-s...

WGU D089 Unit 2 Economic Way of Thinking Questions and Answers Rated A Economics studies human actions and decisions related to the production and distribution of scarce resources. There are two main areas of economics macroeconomics (focusing on large economic systems) and microeconomics (focusing on organizations and individuals). Individuals, organizations, governments, and countries must make decisions about how, what, and for whom to produce. The ten principles of economics are interrel...

Primavera Economics Unit 2 Exam 2023 Already Passed What is the main advantage of a command economy? Everyone's basic needs are met. Which accurately describes a principle argued by Adam Smith to drive a free market economy? Adam Smith argued for a laissez-faire economy that is free of government intervention. What are roles of the government in a mixed market economy? (Select all that apply.) It helps to prevent monopolies, In enforces laws against false advertising, It helps to ensure that ...

Business Acumen C201 WGU Questions with solutions 2024 Human Interaction & Structure Which two key elements does an effective organization include? It establishes a direct flow of authority Why does a line organization structure function most effectively in a crisis situation? Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:09 / 0:15 Full screen Departmentalization A company might divide itself into smaller groups that be...

ECON 211 - Final Exam Study Guide with Complete Solutions Economics - Answer️️ -the study of how society manages its scarce resources efficiency and equity - Answer️️ -There is often a trade-off between ______________ ; society tries to get the most it can from its scarce resources and attempts to distribute the benefits of those resources to the members of society in a fair manner opportunity cost of going to college - Answer️️ -the value of the best opportunity a student g...