Blog

Inflation refers to a(n) __________ in the overall __________ level. 

Starting with the Great Depression, macroeconomic policies became more influenced by ___________.

The demand for computer engineers declined in the spring of 2019, but the starting wages paid to computer engineers was still the same at the end of 2019. This is an example of a _______.

Essay Question 1.c Refer to Table 3. What is the value for net exports in billions of dollars?

Essay Question (2). Refer to the information provided in Table 4 below to answer the questions that follow. Assume that this economy produces only eye examination, pizza, and textbooks.                                                                  Table 4   Year 1 Year 2   Production Price Production Price Eye examination 80 $40 100 $50 Pizzas 90 $11 80 $10 Textbooks 15 $90 20 $100

Refer to the information provided in Table 2 below to answer the questions that follow. Table 2 2013 2014 2015 Quarter I II III IV I II III IV I II III IV Output 96 98 100 93 90 88 87 86 90 95 100 103

An efficient market is a market

Which of the following is an example of an intermediate good? 

All of the following are fundamental concepts of economics EXCEPT

Essay Question 2.a Refer to Table 4. Compute the values of this economy’s nominal GDP in years 1.