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Economics
Page 7
Questions (20,599)
In a hypothetical economy, current inflation-adjusted economic output is rising and is expected to continue rising in the coming
4 answers
asked by
cherxry
982 views
Given P=140-0.6Q, TC1=7q1, TC2=0.6q2 the power of 2. A. Determine the short run equilibrium output of each duopoly ignoring
7 answers
asked by
Adugna
1,111 views
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
227 views
How long will it take for prices to double if the rate of inflation is 25% per annum
5 answers
asked by
adedeji
2,068 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
1,957 views
Most command economies are in the process of transition to a market economy. What is the meaning of transition, and also discuss
6 answers
asked by
Steph
1,183 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 💘
1,681 views
. Which of these are factors in determining whether a person is counted in the unemployment rate? Select all that apply. (2
5 answers
asked by
Idk
1,700 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
963 views
What economic philosophy developed in response to the problems of industrial workers
4 answers
asked by
Jacob
695 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
1,890 views
How do labor unions affect the economy
4 answers
asked by
James
1,011 views
When do the laws of supply and demand have less effect on prices?
A. when a good or service is new B. when outside factors cause
4 answers
asked by
Hann
185 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
2,514 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
1,446 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
90 views
What event would most likely cause an increase in sales?
(1 point) Responses decrease in price increase in price decrease in
3 answers
asked by
hjgj
486 views
How do markets keep producers from increasing prices?
A. High prices cause demand shifts. B. Higher prices cause supply shifts.
3 answers
asked anonymously
104 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
116 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
1,489 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
160 views
What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)
Responses how many goods
10 answers
asked by
Killer999
516 views
What is the best definition of the term recession?
A. a time when net imports are greater than net exports B. a period of decline
3 answers
asked by
goodog
171 views
How does the existence of a single type of accepted money help consumers?
A. It makes it possible to make large purchases. B. It
3 answers
asked by
goodog
228 views
what statement best describes a command economy
3 answers
asked by
Anonymous
289 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
2,002 views
This table shows the member countries of the International Monetary Fund with the top 10 per capita GDPs in the world as of
7 answers
asked by
Paris
2,065 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
226 views
what does most economists believe about the future of business cycles?
3 answers
asked by
yaz
399 views
Why do businesses seek an equilibrium price?
2 answers
asked by
Misty
216 views
How are capital resources used in production?
4 answers
asked by
hjgj
126 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
159 views
When are equilibrium prices achieved?
1 answer
asked by
Me & you
146 views
What happened to the money customers deposited in banks when the banks failed at the start of the Great Depression?
A. the
1 answer
asked anonymously
136 views
What is the opportunity cost of increasing Headphones from 0 to 5?
2. What is the opportunity cost of increasing Headphones from
3 answers
asked anonymously
63 views
Use the drop-down menu to complete the sentence.(1 point)
East Asian nations have imposed tariffs and other trade barriers to
3 answers
asked anonymously
90 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
2,693 views
Mixed Market economies, Cuba or Other Caribbean Nation?
Dominant command economy, Cuba or Other Caribbean Nation? Limited natural
3 answers
asked anonymously
113 views
Mass Production
3 answers
asked anonymously
133 views
Analyze the following gross national income (GNI) numbers
and the country populations to select the country that has the highest
3 answers
asked anonymously
61 views
Which of the following is the main factor that will shape
economies moving forward? (1 point) urbanization information economy
3 answers
asked anonymously
239 views
Which percent of Americans chose to go back to work after retiring? (1 point)
10% 20% 30% 40%
3 answers
asked anonymously
55 views
Which of the following fiscal tax policies would be used to reduce inflation?(1 point) Responses expansionary policy
3 answers
asked by
klob
76 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
143 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
134 views
Upon investigation, which factor of production grew in prominence due to industrialization?(1 point) Responses resources
3 answers
asked by
lo
112 views
What are the causes of a recession? What happens to a county's output and prices after a recession has ended? Write 3-5
3 answers
asked anonymously
118 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
464 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
51 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
92 views
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