eco ch.19 flash quiz

eco ch.19 flash quiz - EXCEPT by: Selected Answer: Correct...

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Questi on 1 1 out of 1 points The nominal interest rate equals the: Selected Answer: Correct Answer:
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Question 2 1 out of 1 points The way to index a nominal quantity to inflation is to: Selected Answer: Correct Answer: Question 3 1 out of 1 points The situation when the price of most goods and services are falling over time is called: Selected Answer: Correct Answer: Question 4 1 out of 1 points The price of a good or service in comparison to the prices of other goods and services is the _____ price. Selected Answer: Correct Answer: Question 5 1 out of 1 points The percentage change in the price level is the:
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Question 5 1 out of 1 points Selected Answer: Correct Answer: Question 6 1 out of 1 points Inflation reduces economic efficiency through all of the following channels
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Unformatted text preview: EXCEPT by: Selected Answer: Correct Answer: Question 7 1 out of 1 points The tendency for nominal interest rates to be high when inflation is high and low when inflation is low is known as: Selected Answer: Correct Answer: Question 8 1 out of 1 points The way to convert a nominal quantity to a real quantity is to: Selected Answer: Question 8 1 out of 1 points Correct Answer: Question 9 1 out of 1 points 5 A quantity measured in terms of current dollar value is called a _______ quantity. Selected Answer: Correct Answer: Question 10 1 out of 1 points A measure of the average price of a given class of goods or services relative to the price of the same goods and services in a base year is called a: Selected Answer: Correct Answer:...
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eco ch.19 flash quiz - EXCEPT by: Selected Answer: Correct...

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