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Saint LEO GBA398 CBK-ECO Quiz
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.</a> </p> <p>2) a 10 percent increase in real national output<a href="http://www.homeworkminutes.com/">.</a> </p> <p>3) a 10 percent increase in the price level<a href="http://www.homeworkminutes.com/">.</a> </p> <p>4) a 10 percent increase in velocity<a href="http://www.homeworkminutes.com/">.</a> </p> <p>Question 3 </p> <p>If a consumer concludes that the marginal utility of the last dollar spent on vegetables exceeds the marginal utility of the last dollar spent on junk food, he will respond by: </p> <p>1) consuming relatively more junk food and fewer vegetables<a href="http://www.homeworkminutes.com/">.</a> </p> <p>2) consuming relatively more vegetables and less junk food<a href="http://www.homeworkminutes.com/">.</a> </p> <p>3) consuming equal amounts of vegetables and junk food<a href="http://www.homeworkminutes.com/">.</a> </p> <p>4) XXXXXXX consumption of junk food altogether<a href="http://XXX.homeworkminutes.com/">.</a> </p> <p>Question 4 </p> <p>X XXXXXXXX in long-XXX average costs resulting from XXXXXXXXX in XXXXXX XX: </p> <p>1) attributed to economies of XXXXX<a XXXX="XXXX://www.homeworkminutes.com/">.</a> </p> <p>2) attributed to diseconomies XX scale<a href="XXXX://XXX.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>3) XXXXXXXXXX to constant returns XX scale<a href="http://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>X) XXXXXXXXXX XX the XXX of XXXXXXXXXXX marginal product<a XXXX="http://XXX.homeworkminutes.XXX/">.</a> </p> <p>Question 5 </p> <p>Microeconomics is the XXXXX of: </p> <p>X) the XXXXXXXX XX XXX XXXXXXX as a XXXXX<a href="XXXX://XXX.homeworkminutes.XXX/">.</a> </p> <p>X) how XXXXXX XXXXXX affect the XXXXX XX XXXXXXXXXX in XXX XXXXXXX<a XXXX="http://XXX.homeworkminutes.XXX/">.</a> </p> <p>3) how XXXXXXXXXXX and firms XXXX decisions<a href="http://XXX.homeworkminutes.com/">.</a> </p> <p>4) the XXXXXX that XXXXX XXX in XXX economic system<a XXXX="http://www.homeworkminutes.XXX/">.</a> </p> <p>XXXXXXXX 6 </p> <p>Absent XXXXXXXXXX interference, the wage XXXX for XXXXX in a XXXXXXXXXXX XXXXXX XX established: </p> <p>X) solely by XXX firm's XXXXXX XXX XXXXX<a href="XXXX://XXX.XXXXXXXXXXXXXXX.com/">.</a> </p> <p>X) solely XX the market XXXXXX XX XXXXX<a XXXX="XXXX://www.homeworkminutes.XXX/">.</a> </p> <p>3) XX XXXX XXX demand XXX XXX XXXXXX XX XXXXX XX XXXX individual firm<a XXXX="XXXX://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>4) by XXX XXXXXX supply XXX XXXXXX XXXXXX for labor<a href="http://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>XXXXXXXX 7 </p> <p>The XXXX XX unemployment XX calculated XX XXX XXXXXX of: </p> <p>X) XXXXXXXXXX workers XXXXXXX by XXX number of employed workers<a href="XXXX://www.homeworkminutes.com/">.</a> </p> <p>2) people in XXX XXXXXXXX XXXXX XXXXX XXXXXXX XX the number XX XXXXXXXXXX<a href="http://XXX.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>X) XXXXXXXXXX XXXXXXX by the XXXXXX XX XXXXXX in the XXXXXXXX XXXXX force<a XXXX="XXXX://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>4) employed workers divided by the XXXXXX XX XXXXXXXXXX workers<a href="XXXX://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>Question X </p> <p>Which of the following XXXXXXXXXX XXXXXXXXXX XXX XXXXXXXXXXX XXXXXXX positive XXX XXXXXXXXX XXXXXXXXX XX XXXX? </p> <p>X) Positive statements are concerned XXXX XXXX is, XXXXX XXXXXXXXX statements XXX concerned with what XXXXXXX thinks XXXXXX be<a href="XXXX://www.XXXXXXXXXXXXXXX.com/">.</a> </p> <p>X) XXXXXXXX statements are concerned with XXXX people think, XXXXX normative XXXXXXXXXX are concerned with XXXX people XX<a href="XXXX://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>3) Positive XXXXXXXXXX XXX true while normative statements XXX false<a href="http://www.homeworkminutes.XXX/">.</a> </p> <p>X) XXXXXXXX statements XXX XXXXXXXXX XXXX what XX XXXXX normative statements XXX concerned with what XXXX be<a href="http://XXX.homeworkminutes.XXX/">.</a> </p> <p>XXXXXXXX 9 </p> <p>XXXXXX there is an increased XXXXXX in XXX United States XXX Australian XXXXX<a XXXX="http://www.homeworkminutes.XXX/">.</a>XX XXX other XXXXXXX are XXXX constant, this will XXXXXX in: </p> <p>1) an increase in the X<a XXXX="XXXX://XXX.homeworkminutes.com/">.</a>S<a href="http://www.homeworkminutes.XXX/">.</a>dollar XXXXXXXX rate for XXXXXXXXXX XXXXXXX<a href="http://www.homeworkminutes.XXX/">.</a> </p> <p>2) an XXXXXXXXXXXX XX XXX X<a href="XXXX://XXX.XXXXXXXXXXXXXXX.com/">.</a>S<a XXXX="http://www.XXXXXXXXXXXXXXX.com/">.</a>XXXXXX<a XXXX="XXXX://www.XXXXXXXXXXXXXXX.com/">.</a> </p> <p>X) a XXXXXXXX along the demand XXXXX for Australian XXXX<a XXXX="http://www.homeworkminutes.XXX/">.</a> </p> <p>4) a XXXXXXXX in XXX XXX XXXXX XX the Australian XXXXXX<a href="http://XXX.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>Question XX </p> <p>XX an XXXXXXX is at XXXX-XXX equilibrium, and XXXXXXXXX' confidence in the XXXXXXX rises: </p> <p>X) aggregate XXXXXX will shift leftward and the XXXXX XXXXX XXXX rise<a XXXX="XXXX://XXX.homeworkminutes.XXX/">.</a> </p> <p>X) XXXXXXXXX XXXXXX will XXXXX leftward and the price XXXXX will fall<a href="http://www.homeworkminutes.com/">.</a> </p> <p>X) XXXXXXXXX XXXXXX will XXXXX XXXXXXXXX XXX XXX XXXXX XXXXX XXXX XXXX<a XXXX="http://www.homeworkminutes.XXX/">.</a> </p> <p>4) XXXXXXXXX XXXXXX will shift rightward XXX the XXXXX level XXXX fall<a href="XXXX://XXX.XXXXXXXXXXXXXXX.com/">.</a> </p> <p>Question XX </p> <p>Macroeconomics is XXXX XXXXXXX XX which of XXX following statements? </p> <p>X) XXXXXXXXXXXXXX XX the study XX how XXXXX strive XX maximize their XXXXXXX<a href="XXXX://XXX.homeworkminutes.XXX/">.</a> </p> <p>2) XXXXXXXXXXXXXX XX XXX study XX the behavior XX XXX XXXXXXX XX a whole<a XXXX="http://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>X) XXXXXXXXXXXXXX XX XXX XXXXX XX XXXXXXXXXX economic XXXXX<a href="XXXX://XXX.homeworkminutes.com/">.</a> </p> <p>4) Macroeconomics XX XXX study XX how XXX prices XX XXXXXXXXXX goods are XXXXXXXXXX<a href="http://www.homeworkminutes.XXX/">.</a> </p> <p>XXXXXXXX XX </p> <p>The XXXXXX-maximizing price and quantity established XX the unregulated XXXXXXXXXX in the XXXXX XXXXXX are: </p> <p>X) XX XXXXX XX XXXXXX and a XXXXX XX P5<a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.com/">.</a> </p> <p>X) Q3 XXXXX of XXXXXX and a XXXXX of P3<a XXXX="http://www.homeworkminutes.com/">.</a> </p> <p>X) Q1 XXXXX of XXXXXX and a XXXXX of XX<a XXXX="http://XXX.homeworkminutes.XXX/">.</a> </p> <p>4) XX XXXXX of XXXXXX XXX a XXXXX of P4<a href="XXXX://XXX.homeworkminutes.XXX/">.</a> </p> <p>Question 13 </p> <p>Which of XXX following XXXX represents XXX law of demand? </p> <p>1) XX XXX price XX a XXXX XXXXXXXXX, the demand XXX the good increases<a XXXX="http://XXX.XXXXXXXXXXXXXXX.com/">.</a> </p> <p>2) XX the XXXXX of a XXXX XXXXXXXXX, XXX XXXXXXXX XXXXXXXX XX that XXXX decreases<a href="http://www.homeworkminutes.XXX/">.</a> </p> <p>X) As the demand for a XXXX increases, XXX price XX that good XXXXXXXXX<a href="XXXX://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>4) XX the XXXXX of a good decreases, XXX demand curve for that XXXX XXXXXX XX the XXXXX<a href="http://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>XXXXXXXX XX </p> <p>XXXX XXXXXXXXXXX GDP as a XXXXXXX of XXX nation's XXXXXXXX XXXXXXXXXXX, XXXXX XX XXX XXXXXXXXX statements is XXX XXXX? </p> <p>1) XXX is a good XXXXXXX XX a XXXXXX's XXXXXXX XXXXXXX<a href="XXXX://www.homeworkminutes.XXX/">.</a> </p> <p>2) GDP is XXXXXX to XXX changes in the economy's domestic economic performance over XXXX<a XXXX="http://XXX.homeworkminutes.com/">.</a> </p> <p>3) XXX is underestimated because it does XXX XXXXXXX XXXXXXX activities<a href="http://XXX.homeworkminutes.XXX/">.</a> </p> <p>4) XXX would XX a better XXXXXXX XX XXXXXXXX XXXXXXXXXXX if it XXXXXXXX XXXXXXXXX activities<a href="XXXX://www.homeworkminutes.XXX/">.</a> </p> <p>XXXXXXXX XX </p> <p>Which XXX XX XXX XXXXXXXXX statements XX false? </p> <p>1) TC = TFC + TVC </p> <p>X) XXX = AFC + AVC </p> <p>3) XXX = TFC divided by Q </p> <p>X) MC = TC divided by X </p> <p>Question XX </p> <p>XX a XXXXXXXXXX wishes XX XXXXXXXX its XXXXXX and XXXXXXXX sold: </p> <p>X) it XXXX XXXXXX its price, so its marginal revenue is XXXXXXX XXXX its price<a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>2) it must XXXXXX its XXXXX, so XXX XXXXXXXX revenue XX XXXX XXXX its XXXXX<a XXXX="http://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>3) it must raise XXX price, so XXX marginal revenue is XXXXXXX than XXX price<a href="http://XXX.homeworkminutes.XXX/">.</a> </p> <p>X) it XXXX raise its price, so its marginal XXXXXXX is XXXX XXXX XXX XXXXX<a href="http://www.XXXXXXXXXXXXXXX.com/">.</a> </p> <p>XXXXXXXX 17 </p> <p>The Consumer XXXXX XXXXX XXXXXXXX: </p> <p>X) the average XX raw XXXXXXXX prices XXXX XX XXXXXXXXX XXXXX<a href="XXXX://XXX.homeworkminutes.XXX/">.</a> </p> <p>2) the XXXXX XX XXXXXX with respect XX XXXXX XXX XXXXXXXX XXXXXXXXX by a XXXXXXX XXXXXXXX in urban areas<a href="http://www.homeworkminutes.XXX/">.</a> </p> <p>3) XXX XXXXXXX of the XXXXXX XX XXX XXXXX XXXXXXXX in a XXXXXXX and goods imported XXXX XXXXX XXXXXXXXX<a href="XXXX://XXX.homeworkminutes.XXX/">.</a> </p> <p>X) hourly wage XXXXX of XXXXXXXXXXXXX workers<a href="http://www.homeworkminutes.com/">.</a> </p> <p>XXXXXXXX 18 </p> <p>Strategic XXXXXXXX XXX XXXX theory are XXXXXXXX of which market XXXXXXXXX? </p> <p>1) Perfect XXXXXXXXXXX </p> <p>2) Monopoly </p> <p>3) XXXXXXXXXXXX XXXXXXXXXXX </p> <p>X) Oligopoly </p> <p>XXXXXXXX XX </p> <p>One XXXXX XXXXXXXXXX XX economics is that XXXXXX: </p> <p>X) XXX XX XX XXXX XXXXXXXXXXXXXX XXXXXX XXXX-XXXXXXXX<a XXXX="XXXX://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>X) behave XXXXXXXX without XXX predictable pattern<a href="http://www.homeworkminutes.com/">.</a> </p> <p>3) are XXXXXXXXX rational XXX sometimes irrational<a XXXX="http://XXX.homeworkminutes.com/">.</a> </p> <p>X) always pursue XXX XXXXXXXXX of XXXXXX XXXXX<a href="XXXX://XXX.XXXXXXXXXXXXXXX.com/">.</a> </p> <p>XXXXXXXX XX </p> <p>According to XXXXXXXXX XXXXXXXXX, if there XXX unutilized resources in the XXXXXXX and aggregate XXXXXX XXXXXXXXX: </p> <p>1) XXXX XXX XXXX rise and price XXXXX XXXX XXXXXX XXXXXXXX<a XXXX="http://www.XXXXXXXXXXXXXXX.XXX/">.</a> </p> <p>X) XXXX XXX will fall XXX price level XXXX XXXXXX XXXXXXXX<a href="http://www.homeworkminutes.com/">.</a> </p> <p>X) XXXX XXX will XXXX XXX price level will rise<a XXXX="http://www.homeworkminutes.XXX/">.</a> </p> <p>X) real XXX will rise XXX XXXXX XXXXX will XXXX<a XXXX="http://XXX.XXXXXXXXXXXXXXX.com/">.</a> </p> <p> </p>">
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<!DOCTYPE html PUBLIC "-//ABISOURCE//DTD XHTML plus AWML 2.2//EN" "http://www.abisource.com/2004/xhtml-awml/xhtml-awml.mod"><html xmlns="http://www.w3.org/1999/xhtml" xmlns:awml="http://www.abisource.com/2004/xhtml-awml/"> <head> </head> <body> <div> <p style="text-align:center"> Saint leo gba398 CBK-ECO Quiz </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <a href="https://old.homeworkminutes.com/welcome/report/q/611858"><span style="font-weight:bold;font-size:7.5pt;font-family:'Verdana';color:#ffffff">Report this Question as Inappropriate</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">Question</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">Question 1</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">Which one of the following individuals is not counted as unemployed?</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">1) A recent college graduate currently without any employment and looking for her first full-time job</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">2) A 35-year-old woman fired from her prior work because of poor performance and looking for another job</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">3) A 50-year-old woman laid off from her former job because of a downturn in the company's sales and looking for another job</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman';color:#ff0000">4) A 22-year-old aspiring actress currently without any show business employment, but working temporarily as a waitress while she auditions for acting jobs</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">Question 2</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">According to the quantity theory of money and prices, a 10 percent increase in the money supply ultimately leads to:</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman';color:#ff0000">1) a 10 percent increase in real GDP</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#ff0000">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">2) a 10 percent increase in real national output</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#0000ff">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">3) a 10 percent increase in the price level</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#0000ff">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">4) a 10 percent increase in velocity</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#0000ff">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">Question 3</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">If a consumer concludes that the marginal utility of the last dollar spent on vegetables exceeds the marginal utility of the last dollar spent on junk food, he will respond by:</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">1) consuming relatively more junk food and fewer vegetables</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#0000ff">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">2) consuming relatively more vegetables and less junk food</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#0000ff">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman';color:#ff0000">3) consuming equal amounts of vegetables and junk food</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#ff0000">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">4) halting consumption of junk food altogether</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#0000ff">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">Question 4</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman'">A decrease in long-run average costs resulting from increases in output is:</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="font-family:'Times New Roman';color:#ff0000">1) attributed to economies of scale</span><a href="http://www.XXXXXXXXXXXXXXX.XXX/"><span style="font-family:'XXXXX New Roman';color:#ff0000">.</span></a> </p> <p style="margin-XXXXXX:X.000000pt;XXXXXX-XXX:X.000000pt"> <span style="XXXX-family:'XXXXX New Roman'">2) XXXXXXXXXX to XXXXXXXXXXXX XX scale</span><a XXXX="http://www.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-XXXXXX:'Times New Roman';XXXXX:#0000ff">.</span></a> </p> <p style="margin-XXXXXX:0.000000pt;margin-top:0.000000pt"> <span style="XXXX-XXXXXX:'Times New XXXXX'">X) attributed XX XXXXXXXX XXXXXXX XX scale</span><a href="XXXX://www.homeworkminutes.XXX/"><span style="font-family:'XXXXX XXX XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:0.000000pt;XXXXXX-XXX:X.000000pt"> <span style="font-family:'Times XXX XXXXX'">4) XXXXXXXXXX to XXX law of XXXXXXXXXXX marginal XXXXXXX</span><a href="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="font-family:'Times New Roman';XXXXX:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:0.000000pt;XXXXXX-XXX:0.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New Roman'">XXXXXXXX 5</span> </p> <p style="margin-XXXXXX:0.000000pt;XXXXXX-top:0.000000pt"> <span style="XXXX-family:'XXXXX New Roman'">XXXXXXXXXXXXXX is XXX study of:</span> </p> <p style="margin-bottom:0.000000pt;XXXXXX-top:X.000000pt"> <span style="XXXX-XXXXXX:'Times XXX Roman';XXXXX:#XXXXXX">X) XXX XXXXXXXX XX XXX XXXXXXX XX a XXXXX</span><a href="XXXX://XXX.homeworkminutes.XXX/"><span style="XXXX-family:'Times New XXXXX';XXXXX:#ff0000">.</span></a> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;XXXXXX-XXX:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX New Roman'">X) how XXXXXX XXXXXX affect XXX XXXXX XX XXXXXXXXXX in the economy</span><a XXXX="XXXX://www.XXXXXXXXXXXXXXX.com/"><span style="font-XXXXXX:'XXXXX New Roman';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:0.XXXXXXXX;margin-top:0.000000pt"> <span style="font-XXXXXX:'Times New Roman'">3) how XXXXXXXXXXX XXX firms make decisions</span><a href="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-family:'Times New Roman';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:X.000000pt;margin-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX New XXXXX'">4) the effect that XXXXX XXX in the economic system</span><a href="XXXX://XXX.homeworkminutes.XXX/"><span style="XXXX-family:'XXXXX New Roman';color:#XXXXXX">.</span></a> </p> <p style="margin-bottom:X.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="font-XXXXXX:'XXXXX XXX Roman'">Question X</span> </p> <p style="margin-bottom:X.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="font-family:'Times New XXXXX'">XXXXXX XXXXXXXXXX XXXXXXXXXXXX, the XXXX rate XXX labor in a XXXXXXXXXXX XXXXXX is XXXXXXXXXXX:</span> </p> <p style="XXXXXX-bottom:X.XXXXXXXX;margin-XXX:0.000000pt"> <span style="XXXX-family:'Times XXX XXXXX'">X) solely by the firm's demand for XXXXX</span><a href="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="font-family:'XXXXX New Roman';XXXXX:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;XXXXXX-XXX:0.XXXXXXXX"> <span style="font-XXXXXX:'XXXXX XXX Roman'">X) XXXXXX XX the market supply of XXXXX</span><a href="XXXX://XXX.XXXXXXXXXXXXXXX.com/"><span style="font-XXXXXX:'XXXXX XXX Roman';XXXXX:#0000ff">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-XXX:0.000000pt"> <span style="XXXX-XXXXXX:'XXXXX New Roman'">X) by both XXX XXXXXX for XXX XXXXXX of labor XX XXXX XXXXXXXXXX XXXX</span><a href="XXXX://XXX.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-family:'Times New Roman';color:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;XXXXXX-top:0.XXXXXXXX"> <span style="font-family:'Times New Roman';XXXXX:#XXXXXX">X) XX the XXXXXX XXXXXX XXX market demand for XXXXX</span><a XXXX="http://www.XXXXXXXXXXXXXXX.com/"><span style="XXXX-XXXXXX:'XXXXX New XXXXX';XXXXX:#ff0000">.</span></a> </p> <p style="margin-bottom:0.XXXXXXXX;margin-XXX:X.XXXXXXXX"> <span style="XXXX-family:'XXXXX XXX XXXXX'">Question X</span> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;margin-top:0.000000pt"> <span style="XXXX-family:'Times XXX Roman'">XXX rate of XXXXXXXXXXXX is XXXXXXXXXX as XXX number of:</span> </p> <p style="margin-bottom:0.XXXXXXXX;margin-XXX:0.000000pt"> <span style="XXXX-family:'XXXXX New Roman';color:#XXXXXX">X) unemployed workers XXXXXXX by XXX number XX XXXXXXXX workers</span><a href="http://XXX.homeworkminutes.XXX/"><span style="font-family:'XXXXX XXX Roman';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:X.000000pt;XXXXXX-XXX:X.XXXXXXXX"> <span style="XXXX-family:'XXXXX New XXXXX'">2) XXXXXX in the civilian labor XXXXX XXXXXXX by the XXXXXX of XXXXXXXXXX</span><a href="XXXX://www.homeworkminutes.com/"><span style="XXXX-family:'Times XXX Roman';color:#0000ff">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.000000pt;XXXXXX-top:0.000000pt"> <span style="XXXX-XXXXXX:'XXXXX New XXXXX'">X) XXXXXXXXXX XXXXXXX by the XXXXXX XX people in the XXXXXXXX XXXXX XXXXX</span><a href="XXXX://www.homeworkminutes.com/"><span style="XXXX-XXXXXX:'XXXXX XXX XXXXX';XXXXX:#0000ff">.</span></a> </p> <p style="margin-bottom:0.000000pt;XXXXXX-XXX:X.000000pt"> <span style="font-family:'XXXXX New XXXXX'">X) employed XXXXXXX divided by XXX XXXXXX of unemployed XXXXXXX</span><a href="XXXX://www.homeworkminutes.XXX/"><span style="font-XXXXXX:'Times New Roman';XXXXX:#0000ff">.</span></a> </p> <p style="margin-bottom:0.XXXXXXXX;margin-top:0.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX XXX XXXXX'">XXXXXXXX X</span> </p> <p style="XXXXXX-XXXXXX:0.XXXXXXXX;margin-XXX:0.000000pt"> <span style="font-XXXXXX:'Times XXX Roman'">XXXXX XX the XXXXXXXXX statements XXXXXXXXXX the XXXXXXXXXXX between positive XXX XXXXXXXXX XXXXXXXXX is XXXX?</span> </p> <p style="margin-XXXXXX:0.XXXXXXXX;margin-XXX:X.000000pt"> <span style="font-XXXXXX:'XXXXX XXX Roman';XXXXX:#ff0000">X) Positive statements XXX concerned XXXX XXXX XX, XXXXX normative statements XXX XXXXXXXXX with XXXX XXXXXXX thinks XXXXXX be</span><a href="XXXX://XXX.homeworkminutes.com/"><span style="font-family:'Times XXX Roman';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:0.000000pt;margin-top:0.000000pt"> <span style="XXXX-family:'Times New Roman'">X) Positive statements are XXXXXXXXX with XXXX XXXXXX XXXXX, while XXXXXXXXX XXXXXXXXXX XXX XXXXXXXXX with XXXX people do</span><a href="XXXX://XXX.homeworkminutes.com/"><span style="XXXX-XXXXXX:'XXXXX XXX XXXXX';color:#0000ff">.</span></a> </p> <p style="margin-bottom:X.XXXXXXXX;margin-XXX:X.XXXXXXXX"> <span style="XXXX-family:'Times New Roman'">X) Positive XXXXXXXXXX are true XXXXX normative XXXXXXXXXX XXX false</span><a XXXX="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="font-family:'XXXXX XXX XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:0.000000pt;margin-XXX:X.XXXXXXXX"> <span style="font-family:'Times New Roman'">4) Positive XXXXXXXXXX XXX concerned XXXX what XX while XXXXXXXXX XXXXXXXXXX XXX XXXXXXXXX with XXXX will be</span><a href="http://XXX.XXXXXXXXXXXXXXX.com/"><span style="XXXX-family:'Times New Roman';color:#0000ff">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.000000pt;XXXXXX-XXX:0.XXXXXXXX"> <span style="XXXX-family:'XXXXX XXX Roman'">XXXXXXXX 9</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="XXXX-XXXXXX:'Times New Roman'">XXXXXX there is an XXXXXXXXX demand in XXX XXXXXX States XXX XXXXXXXXXX XXXXX</span><a href="XXXX://XXX.XXXXXXXXXXXXXXX.com/"><span style="XXXX-family:'Times XXX XXXXX';XXXXX:#XXXXXX">.</span></a><span style="font-family:'XXXXX XXX XXXXX'"> If all XXXXX factors XXX held XXXXXXXX, this XXXX XXXXXX in:</span> </p> <p style="XXXXXX-bottom:X.000000pt;margin-top:0.000000pt"> <span style="font-family:'XXXXX New Roman';XXXXX:#XXXXXX">X) an XXXXXXXX in XXX U</span><a href="XXXX://XXX.homeworkminutes.com/"><span style="font-family:'XXXXX New XXXXX';XXXXX:#XXXXXX">.</span></a><span style="font-family:'XXXXX XXX XXXXX';color:#ff0000">S</span><a XXXX="XXXX://www.homeworkminutes.XXX/"><span style="font-family:'Times New XXXXX';color:#ff0000">.</span></a><span style="XXXX-family:'XXXXX New XXXXX';color:#ff0000"> XXXXXX exchange XXXX for XXXXXXXXXX XXXXXXX</span><a XXXX="http://www.XXXXXXXXXXXXXXX.XXX/"><span style="font-family:'Times New Roman';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:X.000000pt;XXXXXX-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX New XXXXX'">X) an appreciation of the X</span><a href="XXXX://XXX.homeworkminutes.XXX/"><span style="XXXX-family:'Times New XXXXX';XXXXX:#0000ff">.</span></a><span style="XXXX-family:'XXXXX XXX Roman'">S</span><a XXXX="http://XXX.XXXXXXXXXXXXXXX.com/"><span style="font-XXXXXX:'XXXXX XXX XXXXX';color:#XXXXXX">.</span></a><span style="XXXX-XXXXXX:'XXXXX XXX XXXXX'"> dollar</span><span style="font-XXXXXX:'XXXXX XXX XXXXX';XXXXX:#XXXXXX">.</span> </p> <p style="margin-bottom:0.000000pt;XXXXXX-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New Roman'">3) a XXXXXXXX XXXXX XXX demand XXXXX XXX XXXXXXXXXX XXXX</span><a XXXX="XXXX://XXX.homeworkminutes.com/"><span style="XXXX-family:'Times XXX XXXXX';color:#0000ff">.</span></a> </p> <p style="margin-XXXXXX:0.XXXXXXXX;margin-XXX:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New XXXXX'">X) a XXXXXXXX in XXX par value XX XXX Australian XXXXXX</span><a href="XXXX://www.homeworkminutes.XXX/"><span style="XXXX-XXXXXX:'Times New XXXXX';XXXXX:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:0.000000pt;XXXXXX-top:0.000000pt"> <span style="XXXX-family:'XXXXX XXX Roman'">Question XX</span> </p> <p style="XXXXXX-XXXXXX:X.000000pt;margin-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX New XXXXX'">XX an XXXXXXX is at XXXX-run equilibrium, XXX consumers' confidence in XXX XXXXXXX XXXXX:</span> </p> <p style="XXXXXX-bottom:X.XXXXXXXX;margin-top:0.XXXXXXXX"> <span style="font-XXXXXX:'XXXXX New Roman'">1) aggregate demand will XXXXX leftward and the XXXXX level XXXX XXXX</span><a href="XXXX://XXX.homeworkminutes.XXX/"><span style="XXXX-XXXXXX:'XXXXX XXX XXXXX';color:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX New Roman'">X) XXXXXXXXX XXXXXX will shift leftward XXX the price level XXXX XXXX</span><a href="XXXX://www.homeworkminutes.XXX/"><span style="font-family:'Times XXX Roman';color:#0000ff">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="font-XXXXXX:'Times New XXXXX';XXXXX:#XXXXXX">X) aggregate XXXXXX will XXXXX XXXXXXXXX and the XXXXX XXXXX XXXX rise</span><a href="http://XXX.homeworkminutes.com/"><span style="XXXX-XXXXXX:'XXXXX New XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="margin-XXXXXX:0.000000pt;XXXXXX-XXX:0.XXXXXXXX"> <span style="XXXX-family:'XXXXX XXX XXXXX'">X) aggregate demand XXXX shift XXXXXXXXX XXX the price XXXXX will fall</span><a XXXX="http://www.homeworkminutes.com/"><span style="font-XXXXXX:'XXXXX XXX Roman';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:X.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New XXXXX'">XXXXXXXX XX</span> </p> <p style="margin-XXXXXX:0.XXXXXXXX;XXXXXX-top:X.000000pt"> <span style="XXXX-family:'XXXXX XXX XXXXX'">XXXXXXXXXXXXXX is best defined by XXXXX of XXX following XXXXXXXXXX?</span> </p> <p style="margin-bottom:X.000000pt;margin-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New Roman'">X) XXXXXXXXXXXXXX XX XXX XXXXX of how firms strive XX XXXXXXXX their XXXXXXX</span><a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-XXXXXX:'XXXXX XXX Roman';XXXXX:#0000ff">.</span></a> </p> <p style="margin-bottom:X.XXXXXXXX;XXXXXX-top:0.000000pt"> <span style="XXXX-XXXXXX:'Times XXX XXXXX';color:#ff0000">2) XXXXXXXXXXXXXX is XXX study of the behavior of XXX economy as a whole</span><a href="http://XXX.XXXXXXXXXXXXXXX.com/"><span style="XXXX-XXXXXX:'XXXXX New Roman';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.000000pt;XXXXXX-top:X.000000pt"> <span style="font-family:'Times New XXXXX'">3) XXXXXXXXXXXXXX XX XXX XXXXX XX individual XXXXXXXX XXXXX</span><a href="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-XXXXXX:'XXXXX New XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:0.000000pt;XXXXXX-top:X.000000pt"> <span style="font-family:'XXXXX New XXXXX'">X) Macroeconomics XX the study XX how XXX XXXXXX of XXXXXXXXXX XXXXX are XXXXXXXXXX</span><a XXXX="http://XXX.homeworkminutes.com/"><span style="XXXX-XXXXXX:'Times XXX Roman';color:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:0.000000pt;margin-top:X.000000pt"> <span style="XXXX-XXXXXX:'XXXXX New Roman'">XXXXXXXX XX</span> </p> <p style="margin-bottom:0.000000pt;XXXXXX-top:0.XXXXXXXX"> <span style="font-family:'Times XXX Roman'">XXX profit-maximizing price and quantity established XX the unregulated XXXXXXXXXX in the above figure are:</span> </p> <p style="margin-bottom:0.000000pt;margin-top:0.000000pt"> <span style="XXXX-XXXXXX:'Times XXX Roman'">X) XX XXXXX XX output and a price XX P5</span><a XXXX="XXXX://www.homeworkminutes.XXX/"><span style="XXXX-XXXXXX:'Times XXX XXXXX';color:#XXXXXX">.</span></a> </p> <p style="margin-bottom:X.XXXXXXXX;margin-XXX:X.XXXXXXXX"> <span style="XXXX-family:'XXXXX New Roman'">2) Q3 units of XXXXXX XXX a price XX XX</span><a href="http://www.homeworkminutes.com/"><span style="font-family:'XXXXX New Roman';color:#XXXXXX">.</span></a> </p> <p style="margin-XXXXXX:0.XXXXXXXX;margin-XXX:X.000000pt"> <span style="font-family:'Times New XXXXX';XXXXX:#XXXXXX">X) XX units XX XXXXXX and a XXXXX XX P1</span><a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.com/"><span style="XXXX-XXXXXX:'Times XXX XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;XXXXXX-top:0.XXXXXXXX"> <span style="font-family:'Times New XXXXX'">X) Q4 units of XXXXXX and a price of P4</span><a href="http://XXX.homeworkminutes.XXX/"><span style="XXXX-family:'XXXXX New XXXXX';XXXXX:#0000ff">.</span></a> </p> <p style="margin-bottom:X.000000pt;margin-XXX:0.000000pt"> <span style="font-family:'XXXXX XXX Roman'">XXXXXXXX 13</span> </p> <p style="margin-bottom:X.000000pt;margin-top:0.XXXXXXXX"> <span style="font-XXXXXX:'Times XXX XXXXX'">XXXXX XX the following best represents XXX XXX of XXXXXX?</span> </p> <p style="margin-bottom:X.XXXXXXXX;XXXXXX-XXX:X.XXXXXXXX"> <span style="font-XXXXXX:'Times New Roman'">X) XX XXX XXXXX of a good decreases, XXX demand XXX XXX XXXX XXXXXXXXX</span><a XXXX="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="font-family:'XXXXX New Roman';XXXXX:#0000ff">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;XXXXXX-top:0.000000pt"> <span style="XXXX-family:'XXXXX XXX XXXXX';color:#ff0000">2) XX XXX XXXXX of a XXXX XXXXXXXXX, XXX quantity XXXXXXXX XX that good decreases</span><a href="XXXX://XXX.homeworkminutes.com/"><span style="XXXX-XXXXXX:'Times New Roman';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:0.XXXXXXXX;margin-top:0.XXXXXXXX"> <span style="XXXX-family:'Times New Roman'">X) XX XXX XXXXXX for a good XXXXXXXXX, XXX price of that XXXX XXXXXXXXX</span><a href="http://www.homeworkminutes.XXX/"><span style="XXXX-family:'Times New XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:0.XXXXXXXX;XXXXXX-top:X.000000pt"> <span style="XXXX-XXXXXX:'XXXXX XXX XXXXX'">4) XX the XXXXX of a XXXX decreases, XXX XXXXXX curve XXX that XXXX XXXXXX XX XXX XXXXX</span><a href="XXXX://www.homeworkminutes.XXX/"><span style="XXXX-family:'Times New XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;XXXXXX-top:0.XXXXXXXX"> <span style="XXXX-family:'Times New XXXXX'">XXXXXXXX XX</span> </p> <p style="XXXXXX-bottom:0.000000pt;margin-top:X.XXXXXXXX"> <span style="XXXX-family:'Times XXX Roman'">XXXX XXXXXXXXXXX GDP XX a measure of the XXXXXX's economic XXXXXXXXXXX, XXXXX XX XXX following XXXXXXXXXX is XXX XXXX?</span> </p> <p style="XXXXXX-bottom:0.000000pt;XXXXXX-XXX:0.XXXXXXXX"> <span style="font-family:'Times XXX Roman';color:#XXXXXX">X) GDP XX a XXXX measure XX a XXXXXX's XXXXXXX welfare</span><a XXXX="XXXX://XXX.homeworkminutes.com/"><span style="XXXX-family:'Times XXX XXXXX';color:#ff0000">.</span></a> </p> <p style="margin-XXXXXX:X.XXXXXXXX;XXXXXX-XXX:X.XXXXXXXX"> <span style="font-XXXXXX:'XXXXX New Roman'">2) XXX XX XXXXXX to map changes in the economy's XXXXXXXX economic performance over XXXX</span><a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.com/"><span style="font-XXXXXX:'XXXXX XXX XXXXX';XXXXX:#0000ff">.</span></a> </p> <p style="margin-bottom:X.000000pt;margin-XXX:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX XXX Roman'">X) GDP is underestimated XXXXXXX it does not include XXXXXXX XXXXXXXXXX</span><a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.com/"><span style="XXXX-XXXXXX:'Times New XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:0.000000pt;margin-top:X.000000pt"> <span style="XXXX-XXXXXX:'Times XXX XXXXX'">4) XXX XXXXX be a better XXXXXXX of XXXXXXXX XXXXXXXXXXX if it XXXXXXXX nonmarket XXXXXXXXXX</span><a href="http://XXX.homeworkminutes.XXX/"><span style="font-XXXXXX:'Times XXX Roman';color:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:X.000000pt;margin-top:X.000000pt"> <span style="font-XXXXXX:'Times XXX Roman'">XXXXXXXX XX</span> </p> <p style="XXXXXX-bottom:X.000000pt;XXXXXX-XXX:X.XXXXXXXX"> <span style="XXXX-family:'Times New XXXXX'">XXXXX one XX the following XXXXXXXXXX is XXXXX?</span> </p> <p style="margin-bottom:0.XXXXXXXX;margin-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New XXXXX'">X) TC = TFC + TVC</span> </p> <p style="XXXXXX-bottom:0.000000pt;margin-top:X.000000pt"> <span style="font-XXXXXX:'Times New XXXXX'">2) ATC = XXX + AVC</span> </p> <p style="XXXXXX-XXXXXX:0.000000pt;XXXXXX-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New Roman'">3) AFC = XXX divided by Q</span> </p> <p style="XXXXXX-XXXXXX:0.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New Roman';color:#XXXXXX">X) MC = TC XXXXXXX XX X</span> </p> <p style="margin-bottom:0.000000pt;XXXXXX-top:X.XXXXXXXX"> <span style="XXXX-family:'XXXXX XXX XXXXX'">Question XX</span> </p> <p style="XXXXXX-bottom:X.000000pt;margin-top:X.XXXXXXXX"> <span style="font-XXXXXX:'Times New Roman'">If a XXXXXXXXXX wishes to XXXXXXXX XXX XXXXXX and XXXXXXXX XXXX:</span> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;XXXXXX-top:0.000000pt"> <span style="font-XXXXXX:'Times New XXXXX'">1) it must XXXXXX XXX XXXXX, so its XXXXXXXX revenue is greater XXXX its price</span><a XXXX="XXXX://XXX.homeworkminutes.com/"><span style="font-XXXXXX:'XXXXX XXX Roman';XXXXX:#XXXXXX">.</span></a> </p> <p style="margin-XXXXXX:0.000000pt;margin-top:X.000000pt"> <span style="XXXX-XXXXXX:'Times New XXXXX';color:#XXXXXX">2) it XXXX XXXXXX XXX XXXXX, so XXX marginal revenue is XXXX XXXX XXX XXXXX</span><a href="XXXX://www.homeworkminutes.XXX/"><span style="font-XXXXXX:'Times XXX Roman';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="font-XXXXXX:'Times New Roman'">3) it XXXX XXXXX its XXXXX, so its marginal revenue XX XXXXXXX than XXX XXXXX</span><a XXXX="http://www.XXXXXXXXXXXXXXX.XXX/"><span style="font-XXXXXX:'Times New XXXXX';color:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:X.XXXXXXXX;XXXXXX-XXX:X.XXXXXXXX"> <span style="XXXX-family:'Times New XXXXX'">4) it XXXX raise XXX XXXXX, so XXX marginal XXXXXXX XX XXXX XXXX its XXXXX</span><a href="XXXX://XXX.homeworkminutes.com/"><span style="XXXX-XXXXXX:'XXXXX XXX Roman';color:#0000ff">.</span></a> </p> <p style="margin-XXXXXX:X.XXXXXXXX;XXXXXX-XXX:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX XXX XXXXX'">Question 17</span> </p> <p style="margin-XXXXXX:X.000000pt;XXXXXX-XXX:X.000000pt"> <span style="XXXX-XXXXXX:'XXXXX XXX XXXXX'">XXX XXXXXXXX XXXXX XXXXX measures:</span> </p> <p style="margin-bottom:0.000000pt;XXXXXX-XXX:0.XXXXXXXX"> <span style="font-XXXXXX:'XXXXX New Roman'">X) XXX XXXXXXX XX raw material prices XXXX XX XXXXXXXXX XXXXX</span><a href="http://XXX.homeworkminutes.com/"><span style="XXXX-family:'Times XXX XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:0.000000pt;XXXXXX-top:X.000000pt"> <span style="XXXX-XXXXXX:'XXXXX New XXXXX';color:#XXXXXX">2) the level XX prices XXXX respect XX XXXXX XXX services purchased by a XXXXXXX consumer in XXXXX areas</span><a href="XXXX://www.XXXXXXXXXXXXXXX.com/"><span style="XXXX-XXXXXX:'XXXXX New Roman';color:#ff0000">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;margin-top:0.000000pt"> <span style="font-family:'Times New XXXXX'">3) XXX average XX the prices XX all XXXXX XXXXXXXX in a XXXXXXX XXX XXXXX XXXXXXXX XXXX other XXXXXXXXX</span><a XXXX="http://XXX.homeworkminutes.XXX/"><span style="font-family:'Times XXX XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:X.XXXXXXXX;XXXXXX-XXX:0.000000pt"> <span style="font-family:'XXXXX New XXXXX'">4) XXXXXX XXXX XXXXX of manufacturing workers</span><a href="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-family:'XXXXX XXX Roman';XXXXX:#0000ff">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.000000pt;margin-top:0.XXXXXXXX"> <span style="font-family:'XXXXX New Roman'">Question 18</span> </p> <p style="margin-bottom:X.000000pt;margin-top:X.XXXXXXXX"> <span style="font-family:'XXXXX XXX XXXXX'">XXXXXXXXX XXXXXXXX and XXXX XXXXXX XXX features of XXXXX market XXXXXXXXX?</span> </p> <p style="margin-bottom:0.XXXXXXXX;XXXXXX-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times XXX XXXXX'">1) XXXXXXX competition</span> </p> <p style="margin-bottom:X.XXXXXXXX;XXXXXX-XXX:X.000000pt"> <span style="font-XXXXXX:'XXXXX XXX Roman'">X) XXXXXXXX</span> </p> <p style="margin-bottom:0.XXXXXXXX;XXXXXX-XXX:X.000000pt"> <span style="XXXX-family:'Times New XXXXX'">X) Monopolistic XXXXXXXXXXX</span> </p> <p style="margin-XXXXXX:X.XXXXXXXX;XXXXXX-XXX:0.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX New Roman';color:#XXXXXX">4) XXXXXXXXX</span> </p> <p style="XXXXXX-bottom:0.000000pt;XXXXXX-top:X.XXXXXXXX"> <span style="XXXX-family:'XXXXX XXX XXXXX'">XXXXXXXX XX</span> </p> <p style="XXXXXX-XXXXXX:0.XXXXXXXX;margin-top:X.XXXXXXXX"> <span style="font-XXXXXX:'Times XXX XXXXX'">XXX XXXXX assumption XX economics is that people:</span> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="font-family:'XXXXX XXX Roman';XXXXX:#ff0000">1) XXX as XX XXXX XXXXXXXXXXXXXX pursue self-interest</span><a href="http://www.homeworkminutes.XXX/"><span style="font-XXXXXX:'XXXXX New XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;XXXXXX-top:0.000000pt"> <span style="font-family:'Times XXX Roman'">X) XXXXXX randomly without any predictable pattern</span><a href="http://XXX.homeworkminutes.XXX/"><span style="font-XXXXXX:'Times New XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;margin-top:X.XXXXXXXX"> <span style="font-XXXXXX:'XXXXX New XXXXX'">X) XXX sometimes rational XXX sometimes XXXXXXXXXX</span><a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.com/"><span style="XXXX-XXXXXX:'XXXXX XXX Roman';color:#XXXXXX">.</span></a> </p> <p style="margin-bottom:X.XXXXXXXX;XXXXXX-XXX:X.000000pt"> <span style="XXXX-family:'XXXXX New Roman'">X) always pursue XXX XXXXXXXXX of others first</span><a XXXX="http://XXX.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-XXXXXX:'XXXXX New XXXXX';XXXXX:#0000ff">.</span></a> </p> <p style="margin-XXXXXX:0.000000pt;XXXXXX-top:0.000000pt"> <span style="font-family:'Times XXX Roman'">XXXXXXXX XX</span> </p> <p style="margin-bottom:0.XXXXXXXX;margin-top:X.XXXXXXXX"> <span style="XXXX-XXXXXX:'Times New XXXXX'">According XX XXXXXXXXX XXXXXXXXX, if XXXXX XXX unutilized resources in XXX XXXXXXX and XXXXXXXXX XXXXXX increases:</span> </p> <p style="margin-bottom:X.XXXXXXXX;XXXXXX-top:X.000000pt"> <span style="font-XXXXXX:'XXXXX New Roman';color:#XXXXXX">1) real GDP XXXX XXXX XXX XXXXX XXXXX XXXX XXXXXX constant</span><a XXXX="http://XXX.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-family:'XXXXX XXX Roman';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:X.000000pt;margin-XXX:0.XXXXXXXX"> <span style="XXXX-XXXXXX:'XXXXX XXX Roman'">2) real GDP XXXX XXXX XXX XXXXX level XXXX remain constant</span><a XXXX="XXXX://XXX.homeworkminutes.com/"><span style="XXXX-family:'Times XXX XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:X.XXXXXXXX"> <span style="font-family:'XXXXX New XXXXX'">3) real XXX XXXX XXXX XXX XXXXX XXXXX will XXXX</span><a href="XXXX://XXX.homeworkminutes.XXX/"><span style="XXXX-XXXXXX:'XXXXX XXX Roman';XXXXX:#0000ff">.</span></a> </p> <p style="margin-XXXXXX:0.000000pt;XXXXXX-top:0.000000pt"> <span style="XXXX-XXXXXX:'Times New Roman'">4) XXXX GDP will XXXX and XXXXX level XXXX XXXX</span><a href="XXXX://XXX.XXXXXXXXXXXXXXX.com/"><span style="font-XXXXXX:'Times XXX Roman';color:#0000ff">.</span></a> </p> <p style="XXXXXX-bottom:X.000000pt;margin-XXX:0.XXXXXXXX"> </p> <p style="margin-bottom:0.XXXXXXXX;XXXXXX-XXX:0.XXXXXXXX"> </p> <p style="XXXXXX-XXXXXX:X.000000pt;margin-top:0.XXXXXXXX"> XXXXXX </p> <p style="margin-bottom:X.000000pt;margin-top:0.XXXXXXXX"> <span style="font-family:'XXXXX New Roman';XXXXX:#XXXXXX">X. X 22-year-XXX aspiring actress currently without XXX show business employment, XXX working temporarily as a XXXXXXXX XXXXX XXX auditions for acting XXXX</span> </p> <p style="margin-bottom:X.XXXXXXXX;XXXXXX-top:0.XXXXXXXX"> <span style="font-family:'Times New Roman';color:#ff0000">X. a XX XXXXXXX increase in XXXX GDP</span><a href="XXXX://XXX.homeworkminutes.com/"><span style="XXXX-XXXXXX:'XXXXX XXX XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:X.000000pt;margin-XXX:0.XXXXXXXX"> <span style="XXXXX:#XXXXXX">3.</span><span style="font-XXXXXX:'Times New XXXXX';color:#XXXXXX">XXXXXXXXX equal XXXXXXX XX vegetables XXX junk food</span><a href="http://XXX.homeworkminutes.XXX/"><span style="font-family:'XXXXX XXX XXXXX';XXXXX:#ff0000">.</span></a> </p> <p style="margin-XXXXXX:X.000000pt;margin-top:0.000000pt"> <span style="color:#ff0000">X.</span><span style="font-XXXXXX:'Times New XXXXX';XXXXX:#XXXXXX">XXXXXXXXXX to XXXXXXXXX XX XXXXX</span><a href="http://www.XXXXXXXXXXXXXXX.com/"><span style="font-family:'XXXXX New Roman';color:#XXXXXX">.</span></a> </p> <p style="margin-bottom:X.XXXXXXXX;margin-XXX:0.000000pt"> <span style="XXXXX:#ff0000">5.</span><span style="font-XXXXXX:'Times New Roman';XXXXX:#XXXXXX">XXX XXXXXXXX XX the economy as a whole</span><a XXXX="http://www.homeworkminutes.XXX/"><span style="XXXX-XXXXXX:'XXXXX XXX Roman';color:#ff0000">.</span></a> </p> <p style="margin-bottom:X.XXXXXXXX;XXXXXX-XXX:0.XXXXXXXX"> <span style="XXXXX:#ff0000">X.</span><span style="XXXX-XXXXXX:'Times New XXXXX';XXXXX:#XXXXXX">by XXX XXXXXX XXXXXX XXX XXXXXX XXXXXX XXX XXXXX</span><a href="XXXX://XXX.homeworkminutes.XXX/"><span style="font-XXXXXX:'Times XXX XXXXX';color:#XXXXXX">.</span></a> </p> <p style="margin-bottom:0.000000pt;margin-top:X.XXXXXXXX"> <span style="XXXXX:#ff0000">X.</span><span style="font-XXXXXX:'XXXXX XXX Roman';color:#ff0000">XXXXXXXXXX workers XXXXXXX by the number of XXXXXXXX workers</span><a XXXX="http://www.homeworkminutes.XXX/"><span style="font-family:'Times XXX XXXXX';color:#ff0000">.</span></a> </p> <p style="XXXXXX-bottom:0.000000pt;margin-XXX:0.000000pt"> <span style="color:#ff0000">8.</span><span style="font-XXXXXX:'XXXXX New XXXXX';color:#XXXXXX">XXXXXXXX XXXXXXXXXX are concerned XXXX what is, XXXXX XXXXXXXXX statements XXX concerned with XXXX XXXXXXX thinks should be</span><a XXXX="http://www.XXXXXXXXXXXXXXX.com/"><span style="XXXX-family:'XXXXX New Roman';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;XXXXXX-top:0.000000pt"> <span style="XXXXX:#XXXXXX">X.</span><span style="font-family:'XXXXX XXX XXXXX';color:#ff0000">an increase in the U</span><a href="XXXX://XXX.XXXXXXXXXXXXXXX.XXX/"><span style="font-XXXXXX:'Times New Roman';XXXXX:#XXXXXX">.</span></a><span style="XXXX-family:'Times XXX XXXXX';XXXXX:#ff0000">S</span><a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-XXXXXX:'Times New Roman';XXXXX:#XXXXXX">.</span></a><span style="XXXX-XXXXXX:'Times New Roman';XXXXX:#XXXXXX"> XXXXXX XXXXXXXX XXXX for Australian XXXXXXX</span><a XXXX="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-family:'XXXXX XXX XXXXX';color:#XXXXXX">.</span></a> </p> <p style="margin-XXXXXX:X.000000pt;XXXXXX-XXX:0.000000pt"> <span style="XXXXX:#ff0000">10.</span><span style="font-family:'XXXXX New Roman';color:#XXXXXX">aggregate demand will shift rightward XXX XXX price level XXXX XXXX</span><a href="http://www.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-XXXXXX:'Times New XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="margin-bottom:X.000000pt;margin-top:0.000000pt"> <span style="XXXXX:#ff0000">11.</span><span style="font-XXXXXX:'XXXXX XXX XXXXX';color:#ff0000">Macroeconomics XX the XXXXX of the XXXXXXXX XX XXX economy as a whole</span><a href="XXXX://www.homeworkminutes.com/"><span style="XXXX-XXXXXX:'XXXXX XXX Roman';color:#ff0000">.</span></a> </p> <p style="XXXXXX-XXXXXX:0.000000pt;XXXXXX-XXX:X.000000pt"> <span style="color:#ff0000">XX.</span><span style="XXXX-family:'XXXXX XXX XXXXX';XXXXX:#XXXXXX">XX XXXXX XX output and a XXXXX of P1</span><a XXXX="XXXX://XXX.homeworkminutes.com/"><span style="XXXX-family:'XXXXX New XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:0.XXXXXXXX;XXXXXX-XXX:0.XXXXXXXX"> <span style="color:#ff0000">XX.</span><span style="XXXX-XXXXXX:'Times XXX XXXXX';XXXXX:#XXXXXX">XX the price of a XXXX XXXXXXXXX, the quantity demanded XX that good decreases</span><a XXXX="XXXX://XXX.XXXXXXXXXXXXXXX.com/"><span style="font-XXXXXX:'XXXXX New Roman';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-bottom:0.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="color:#ff0000">14.</span><span style="font-family:'Times XXX XXXXX';XXXXX:#XXXXXX">GDP XX a XXXX XXXXXXX of a nation's overall XXXXXXX</span><a href="http://www.XXXXXXXXXXXXXXX.com/"><span style="font-family:'XXXXX New Roman';color:#XXXXXX">.</span></a> </p> <p style="margin-bottom:X.XXXXXXXX;margin-XXX:0.XXXXXXXX"> <span style="XXXXX:#XXXXXX">XX.</span><span style="XXXX-XXXXXX:'Times XXX XXXXX';color:#ff0000">MC = XX XXXXXXX XX Q</span> </p> <p style="margin-XXXXXX:0.XXXXXXXX;margin-XXX:0.000000pt"> <span style="font-family:'XXXXX XXX XXXXX';color:#XXXXXX">XX. it must reduce XXX XXXXX, so its marginal revenue XX XXXX XXXX XXX price</span><a XXXX="XXXX://XXX.homeworkminutes.com/"><span style="font-family:'Times New Roman';color:#XXXXXX">.</span></a> </p> <p style="margin-bottom:0.XXXXXXXX;margin-XXX:X.000000pt"> <span style="XXXXX:#XXXXXX">17.</span><span style="XXXX-family:'XXXXX XXX XXXXX';color:#XXXXXX">XXX XXXXX XX prices with XXXXXXX to XXXXX XXX XXXXXXXX XXXXXXXXX XX a typical XXXXXXXX in XXXXX areas</span><a XXXX="XXXX://www.XXXXXXXXXXXXXXX.XXX/"><span style="XXXX-family:'Times XXX Roman';color:#XXXXXX">.</span></a> </p> <p style="margin-XXXXXX:0.000000pt;margin-top:X.000000pt"> <span style="XXXXX:#ff0000">18.</span><span style="XXXX-family:'Times New XXXXX';color:#ff0000">XXXXXXXXX</span> </p> <p style="margin-XXXXXX:X.XXXXXXXX;margin-top:0.000000pt"> <span style="font-family:'Times XXX XXXXX';XXXXX:#XXXXXX">XX. XXX as if XXXX systematically pursue self-XXXXXXXX</span><a href="XXXX://XXX.XXXXXXXXXXXXXXX.XXX/"><span style="font-XXXXXX:'Times XXX XXXXX';XXXXX:#XXXXXX">.</span></a> </p> <p style="margin-XXXXXX:X.XXXXXXXX;XXXXXX-top:0.XXXXXXXX"> <span style="color:#XXXXXX">20.</span><span style="XXXX-XXXXXX:'Times New XXXXX';XXXXX:#ff0000">real GDP XXXX rise XXX XXXXX XXXXX will remain XXXXXXXX</span><a href="XXXX://XXX.homeworkminutes.com/"><span style="font-XXXXXX:'XXXXX XXX XXXXX';color:#XXXXXX">.</span></a> </p> <p style="XXXXXX-XXXXXX:X.000000pt;margin-XXX:0.000000pt"> </p> <p style="margin-bottom:0.XXXXXXXX;margin-top:0.000000pt"> </p> <p style="XXXXXX-XXXXXX:X.XXXXXXXX;margin-XXX:X.000000pt"> </p> </div> </body></XXXX>">
