Inflationary output gap - Study guides, Class notes & Summaries
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ECON 1580 GRADED QUIZ AND FINAL EXAMS ANSWERS AVAILABLE
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ECON 1580 
GRADED QUIZ AND FINAL EXAMS 
ANSWERS AVAILABE 
 
Question 1 
Correct 
Mark 1.00 out of 1.00 Flag question Question text 
According to the textbook, economics is a: 
Select one: 
a. 
social science. b. 
study of business decisions, not social decisions. c. 
part of operations and management science. d. 
part of humanities. 
Feedback		 The correct answer is: social science.		 Question 2 
Correct 
Mark 1.00 out of 1.00 Flag question Question text 
A/an	does not pose the problem of scarci...
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Macroeconomics Homework (SSE 104 Homework 6) questions & answers on fiscal policy
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This document contains macroeconomics Homework (SSE 104 Homework 6) questions and answers. It was administered to students of LaGuardia Community College in New York.
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macroeconomics final exam | 90 Questions with 100% Correct Answers
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Total income households have after paying taxes and receiving government transfers - 
disposable income 
Market failure may occur because - individual actions have side effects that are not 
properly taken into account by the market 
A graphical representation of the relationship between the total quantity of goods and 
services demanded and the price level - aggregate demand curve 
If banks were required to keep 100% of deposits in reserves, they could - make no 
loans 
The point on a business ...
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Economics - 2.5.3 - Trade (Business) Cycle - A Level Q&A Latest Review Update 2023
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Quarterly [context of time-periods] - ANS-Relating to 3-month-long periods of time. 
Quarter-on-quarter (QoQ) - ANS-A comparison of activity in one 3-month period of time 
compared to the preceding 3-month period of time 
Year-on-year (YoY) - ANS-A comparison of activity at a point in time compared to a 
year earlier 
Economic cycle - ANS-Regular fluctuations in the level of economic activity around the 
productive potential of the economy. 
Other names from Trade cycle - ANS-Trade / Business...
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Economics - 2.5.3 - Trade (Business) Cycle - A Level Q&A Latest Review Update 2023
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Quarterly [context of time-periods] - ANS-Relating to 3-month-long periods of time. 
Quarter-on-quarter (QoQ) - ANS-A comparison of activity in one 3-month period of time 
compared to the preceding 3-month period of time 
Year-on-year (YoY) - ANS-A comparison of activity at a point in time compared to a 
year earlier 
Economic cycle - ANS-Regular fluctuations in the level of economic activity around the 
productive potential of the economy. 
Other names from Trade cycle - ANS-Trade / Business...
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ECON 798...QUESTIONS
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c.	Government spending 
d.	Net exports 
e.	Price level 
 
2.	List the determinants of short-run aggregate supply in the textbox below. (Check lesson 3.02 for help.) 
Answer – Determinants of aggregate supply are- 
a.	Money supply 
b.	Price level 
c.	Production resources 
d.	Technology 
e.	Input prices 
 
3.	For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that shifts (AD or AS), the direction of the ...
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macroeconomics final exam | 90 Questions with 100% Correct Answers
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Total income households have after paying taxes and receiving government transfers - 
disposable income 
Market failure may occur because - individual actions have side effects that are not 
properly taken into account by the market 
A graphical representation of the relationship between the total quantity of goods and 
services demanded and the price level - aggregate demand curve 
If banks were required to keep 100% of deposits in reserves, they could - make no 
loans 
The point on a business ...
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ECON 3140_THE NATIONAL ECONOMY IN A GLOBAL CONTEXT
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AQA_AS Economics Paper 2_Question Paper_2019 | ECON 3140_THE NATIONAL ECONOMY IN A GLOBAL CONTEXT 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AS 
ECONOMICS 
Paper 2	The national economy in a global context 
 
 
 
Thursday 16 May 2019	Morning	Time allowed: 1 hour 30 minutes 
 
Materials 
For this paper you must have: 
•	the insert 
•	a calculator. 
 
Instructions 
•	Use black ink or black ball-point pen. Pencil should only be used for drawing. 
•	Fill in the boxes at the top of this page. 
•	Answ...
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CFA 17: Aggregate Output, Prices, & Economic Growth
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Which of the following statements is the most appropriate description of gross domestic 
product (GDP)? 
The total income earned by all households, firms, and the government whose value can 
be verified. 
The total amount spent on all final goods and services produced within the economy 
over a given time period. 
The total market value of resalable and final goods and services produced within the 
economy over a given time period. correct answer- B is correct. GDP is the total amount 
spent on ...
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