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Economics
Page 7
Questions (21,372)
Economic Basics Quick Check ANSWERS!!!
NOTE: These are 100% correct as of August 2023. Answers MAY change (sometimes they don't),
6 answers
asked by
100% Answers
235 views
What is the role of the government in a mixed economy?
2 answers
asked anonymously
313 views
Marketing tells you that if you set the price of an item at $10 then you will be unable to sell it, but that you can sell 500
4 answers
asked by
John
1,961 views
Specialization most helps producers by growing what?
A Consumer Demands B labor productivity C prices of goods D levels of trade
9 answers
asked by
Jimmy
2,861 views
The United States experienced a recession which lasted for more than a year in the late 2000s. How did this recession most
10 answers
asked by
Anonymous
2,108 views
Read the passage.
Many people visit Britain because of their heritage. Americans, for example, often travel to the United Kingdom
7 answers
asked by
jaeden martells wife 💘
1,687 views
Considering the state of the Soviet Economy, it can be said that:
Question 2 options: a command economy is disastrous and
4 answers
asked by
Student
975 views
Textbook prices have a seasonal structure on Ebay. At the end of a term, the supply of used books outstrips demand, and the
4 answers
asked by
Kristy
1,894 views
Much of the world's countries have similar economies because they participate in (blank).
A) The Geneva Convention. B) The global
11 answers
asked by
Please Help me.
1,275 views
How do labor unions affect the economy?
They decrease demand by opposing low prices. They increase supply by keeping workers
4 answers
asked by
Jeb
1,557 views
The amount used to purchase one litre of petrol can be used to purchase three liters of diesel or five liters of kerosene. Out
4 answers
asked by
ragavi
4,287 views
Which economic practice helps motivate companies to keep prices low and improve product quality
4 answers
asked by
Anonymous
675 views
How did Inflation in the 1970s contribute to washington's.
boom-and-bust cycles? A.It decreased unemployment in key industries.
11 answers
asked by
Coolie
991 views
1. Which are functions of money? Select all that apply. (3 points)
store of value •• producer of resources unit of account
5 answers
asked by
Lele pons
2,596 views
Explain the difference in prices for each of the following pairs of goods in terms of the laws of supply and demand: (a) natural
3 answers
asked by
Amanda
1,449 views
What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)
Responses how high a
11 answers
asked anonymously
94 views
(Please check my essay for me) thank you very much.
Subject: Oil and Gas Prices Introduction: The economy is influenced by many
3 answers
asked by
rose
523 views
What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)
Responses how many goods
3 answers
asked by
JO mama
117 views
What is a free market?
A. Trade conducted with fewer restrictions and lower customs rates B. Markets whose existence is due to
4 answers
asked by
idontknow
1,491 views
What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)
Responses how high a
11 answers
asked anonymously
165 views
Ces
Real GDP, consumption, and the marginal propensity to consume (MPC) for five hypothetical countries are shown in the
3 answers
asked anonymously
132 views
Which sector of the economy MOST LIKELY benefited from Adam Smith's ideas?
A) agriculture B) finance C) manufacturing D) service
4 answers
asked by
lolismymiddlename
2,006 views
Which of the statements below is an accurate description of the economy's reaction to changes in the reserve requirements
5 answers
asked anonymously
230 views
what does most economists believe about the future of business cycles?
3 answers
asked by
yaz
400 views
Sergei has multiple options for which job to work on Saturday. He only has time to work one job. He can choose to: rake up
2 answers
asked anonymously
125 views
Which of the following options represents the most accurate investigation into how access to oil impacts the actions of
3 answers
asked by
mama bear
224 views
If an individual makes $4,000 in salary per month and has a side job making $20 per hour for 10 hours a week for 4 weeks in a
29 answers
asked anonymously
163 views
When are equilibrium prices achieved?
1 answer
asked by
Me & you
155 views
Which policy might most help North Korea develop economically
5 answers
asked anonymously
251 views
Which is an argument against free trade?
It increases the prices for many products. It violates basic economic principles. It
5 answers
asked by
Sara
928 views
Payroll Tax- You are an economic consultant to a city that just imposed a payroll tax of $1 per hour of work. This payroll tax
1 answer
asked by
Anonymous
526 views
Sandra purchases 5 pounds of coffee and 10 gallons of milk per month when the price of coffee is $10 per pound. She purchases 6
4 answers
asked by
Will
2,697 views
Mass Production
3 answers
asked anonymously
135 views
Which of the following is the main factor that will shape
economies moving forward? (1 point) urbanization information economy
3 answers
asked anonymously
245 views
If a country is maintaining a healthy amount of growth, which of the following accurately describes the behavior of real GDP
3 answers
asked anonymously
150 views
What conclusion can you draw on the basis of the data in the table? (1 point) Responses In 2015, the total amount of
3 answers
asked by
lo
140 views
Upon investigation, which factor of production grew in prominence due to industrialization?(1 point) Responses resources
3 answers
asked by
lo
113 views
CASE 1
PACIFIC COPPER INDUSTRY Pacific copper industry, a family-owned business, produces copper that is purchased by other firms
3 answers
asked by
Adil
470 views
How does the federal government's fiscal policy affect the U.S. economy?(1 point)
Responses Members of the federal government
3 answers
asked anonymously
53 views
Use the drop-down menu to complete the sentence.(1 point)
Nigeria’s economy is almost entirely dependent upon
3 answers
asked by
Daphne
98 views
Read the quote. “Most people in rural areas are farmers, and when you have a disease like Guinea worm [a parasite], you are
1 answer
asked anonymously
57 views
How can a country can maintain its future economic growth when its population in the 0–14 age group is very small?
It can shut
1 answer
asked anonymously
77 views
What led to the increase in steel consumption seen on the graph?
(1 point) Responses Steel consumption increased when more people
1 answer
asked anonymously
47 views
A factory produces beach umbrellas. They have a fixed cost they must pay no matter how many umbrellas they produce, and a
1 answer
asked by
dud
366 views
If the U.K. pound sterling appreciates relative to the New Zealand dollar, which of the following correctly explains the change
1 answer
asked anonymously
127 views
Which statement most accurately describes the economic trends facing Australia during the 21st century?
(1 point) Responses
1 answer
asked by
Blue Berry
190 views
Money and Inflation Quick Check
Which event indicates that deflation is occurring? (1 point) Responses A savings account can
6 answers
asked by
myworldwha
191 views
Which of the following is the basis of the traditional Aborigine economy?
(1 point) Responses farming industry mining hunting and
1 answer
asked anonymously
31 views
Analyze the impact of NAFTA on Mexican corn farmers. Why did so many Mexican corn farmers lose their livelihoods as a
1 answer
asked anonymously
158 views
the economy is currently experiencing high inflationary pressure with low unemployment and steady GDP growth. which of the
1 answer
asked by
M
32 views
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