Quizzes - ECON 2215-31 Principles of Economics.pdf

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3/24/2019 : Quiz Submissions - CH1 Mankiw Assessment quiz for grade 5 points due Wed - ECON 2215-31 Principles of Economics: Macro - Roch… 1/4 Quiz Submissions - CH1 Mankiw Assessment quiz for grade 5 points due Wed Mohamed Sheik Nur (username: vm2728kr) Attempt 1 Written: Mar 24, 2019 8:31 PM - Mar 24, 2019 8:43 PM Submission View Question 1 1 / 1 point Which is the most accurate statement about trade? Question 2 1 / 1 point In a market economy, economic activity is guided by Question 3 1 / 1 point The term "productivity" Your quiz has been submitted successfully. 1) Trade helps rich nations and hurts poor nations. 2) Trade makes some nations better off and others worse off. 3) Trading for a good can make a nation better off only if the nation cannot produce that good itself. 4) Trade can make every nation better off. 1) the government. 2) central planners. 3) self-interest and prices. 4) corporations.
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3/24/2019 : Quiz Submissions - CH1 Mankiw Assessment quiz for grade 5 points due Wed - ECON 2215-31 Principles of Economics: Macro - Roch… 2/4 Question 4 1 / 1 point A worker in Vietnam can earn $6 per day making cotton cloth on a hand loom. A worker in the United States
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