J
jerry
Guest
1.When producers offer fewer products for sale at each and every price, 1) the supply curve has shifted to the right.
2) the supply curve has shifted to the left.
3) the price per unit decreases.
4) they expect subsidies.
2.A decrease in competition within an industry often results in 1) more efficient resource allocation.
2) lower prices.
3) a firm wielding economic and political power.
4) increased output.
3.The largest sector of the macroeconomy is the 1) investment sector.
2) government sector.
3) foreign sector.
4) consumer sector.
4.According to the demand-pull theory, inflation is caused by 1) businesses.
2) government.
3) consumers.
4) all sectors of the economy.
5.The first step to take in measuring inflation is to 1) convert the dollar cost of representative goods to an index value.
2) find the percentage change in the monthly price level.
3) select a market basket.
4) find the average price of representative goods.
Am i correct?
1.2
2.2
3.2
4.1
5.4
2) the supply curve has shifted to the left.
3) the price per unit decreases.
4) they expect subsidies.
2.A decrease in competition within an industry often results in 1) more efficient resource allocation.
2) lower prices.
3) a firm wielding economic and political power.
4) increased output.
3.The largest sector of the macroeconomy is the 1) investment sector.
2) government sector.
3) foreign sector.
4) consumer sector.
4.According to the demand-pull theory, inflation is caused by 1) businesses.
2) government.
3) consumers.
4) all sectors of the economy.
5.The first step to take in measuring inflation is to 1) convert the dollar cost of representative goods to an index value.
2) find the percentage change in the monthly price level.
3) select a market basket.
4) find the average price of representative goods.
Am i correct?
1.2
2.2
3.2
4.1
5.4