Bundle > Sophia Macroeconomics Milestone 1- 4 and Final Milestone Questions and Answers Already Passed A+ Work!
Sophia Marcoeconomics Milestone 1 1 Which of the following terms is the sum of all final goods and services purchased in an economy? Resource cost/Income approach Factor market Expenditure appr... oach GDP growth CONCEPT Economic Growth (GDP) 2 Which definition below corresponds to economic indicators? Data that indicates past, present and future activity The movement of the market through periods of expansion and recession, peaks and troughs The movement of money in and out of a country or other entity Exchange transactions that occur across nations CONCEPT Why Study Macroeconomics? 3 Which of the following could cause a shift in the demand curve? A change in income A major shift in supply A change in quantity A change in production capacity CONCEPT Supply and Demand 4 Which of the following is the most significant tool the government can use to reduce the severity of business cycles? Spending Public goods Social security Debt reduction CONCEPT Role of the Government/Government Spending/Transfer Payments 5 Which term below refers to investment and financial flows that have the ability to appreciate or depreciate currency? Balance of payments Trade deficit Current account Capital account CONCEPT International Trade 6 If the base currency is 1 and the price currency is 3.4, which of the following is the exchange rate? 0.29 [Show More]
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Economics> QUESTIONS & ANSWERS > Sophia Macroeconomics Milestone 1 Questions and Answers Latest Updated and Graded A+ (All)
Sophia Marcoeconomics Milestone 1 1 Which of the following terms is the sum of all final goods and services purchased in an economy? Resource cost/Income approach Factor market Expenditure appr...
By Nutmegs
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Economics> QUESTIONS & ANSWERS > Sophia Macroeconomics Milestone 2 Questions and Answers Already Passed. (All)
Sophia Marcoeconomics Milestone 2 1 Select the TRUE statement below regarding aggregate supply in the short and long run. In the long run, there are no limits on production. The relationship betw...
By Nutmegs
QUESTIONS & ANSWERS
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Economics> QUESTIONS & ANSWERS > Sophia Macroeconomics Milestone 3 Questions and Answers Already Passed (All)
Sophia Marcoeconomics Milestone 3 1 Which of the following are NOT ways that budget deficits can have a negative effect on future economic growth? When the debt is held domestically. When they a...
By Nutmegs
QUESTIONS & ANSWERS
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Economics> QUESTIONS & ANSWERS > Sophia Macroeconomics Milestone 4 Questions and Answers Latest 2022 Already Passed (All)
Sophia Marcoeconomics Milestone 4 1 Which statement below is true of ONLY fiscal policy? A policy typically set by a banking authority Increases the availability of money Uses government expendi...
By Nutmegs
QUESTIONS & ANSWERS
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Economics> QUESTIONS & ANSWERS > Sophia Macroeconomics Final Milestone Questions and Answers Rated A+ 100% Correct! (All)
Sophia Marcoeconomics Milestone 1 1 Which statement below is true about aggregate demand? In the long run, it is indicated by a vertical line. It represents the amount the economy can produce at...
By Nutmegs
QUESTIONS & ANSWERS
$12
0
Uploaded On
Apr 04, 2022
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