Practice Quiz Chap 6 - POP QUIZ WORKSHEET 2:CHAPTER 6 NAME:...

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POP QUIZ WORKSHEET 2:CHAPTER 6 NAME: __________________________________ COURSE: ________________________________ 1. Macroeconomics is least concerned with: a. unemployment. b. the price of a particular good. c. inflation. d. business cycles. 2. Regarding the views of Classical and Keynesian economists: a. the Classical view of the business cycle is that expansions and contractions are symptoms of underlying problems and government should correct them. b. the Keynesian view of the business cycle is that fluctuations are to be expected and should be accepted. c. Classical economists generally take the position that each person should be responsible for finding their own jobs. d. Keynesian economists generally take the position that government should guarantee each person a satisfying and high-paying job. 3. Which of the following statements concerning business cycles is true? a. When unemployment falls, inflation usually falls.
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Practice Quiz Chap 6 - POP QUIZ WORKSHEET 2:CHAPTER 6 NAME:...

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