ECON 141 FINAL.docx - Question 1 5 5 pts A decrease in...

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Question 1 5 / 5 pts A decrease in government spending will cause a(n): Increase in the quantity of real domestic output demandedDecrease in the quantity of real domestic output demandedDecrease in aggregate demandIncrease in aggregate demand
Question 2 5 / 5 pts A bank has $2 million in checkable deposits. In the bank's balance sheet, this would be an example of:
IncorrectQuestion 3 0 / 5 pts The transactions demand for money will shift to the:
Question 4 5 / 5 pts The interest rate will fall when the:
Question 5 5 / 5 pts Money functions as a store of value if it allows you to: Measure the value of goods in a reliable wayMake exchanges in a more efficient mannerDelay purchases until you want the goodsIncrease your confidence in money
Question 6 5 / 5 pts Demand-pull inflation is associated with a(n):
Question 7 5 / 5 pts The time which elapses between the beginning of a recession or an inflationary episode and the identification of the macroeconomic problem is referred to as a(n):
Question 8 5 / 5 pts The amount of real domestic output that will be purchased at each possible price level is best shown by the:
Question 9 5 / 5 pts An increase in product price will cause:
quantity demanded to decrease.quantity supplied to decrease.quantity demanded to increase.the supply curve to shift to the left.
Question 10 5 / 5 pts Opportunity cost is best defined as:
Question 11 5 / 5 pts Economics is the study of:

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