ECON 202 quizes - Questio n 7 2 out of 2 points The...

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OL_MACRO ECONOMICS _3344A902 (ECON_2023344A902) > TOOLS > MY GRADES > VIEW ATTEMPTS > REVIEW ASSESSMENT: QUIZ 01
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Questio n 1 2 out of 2 points In economics, the pleasure, happiness, or satisfaction received from a product is called: Selected Answer: Correct Answer: Questio n 2 2 out of 2 points When economists say that people act rationally in their self interest, they mean that individuals: Selected Answer: Correct Answer: Questio n 3 2 out of 2 points The study of economics is primarily concerned with: Selected Answer: Correct Answer: Questio n 4 2 out of 2 points A well-tested economic theory is often called: Selected Answer: Correct Answer: Questio n 5 2 out of 2 points The term "ceteris paribus" means: Selected Answer: Correct Answer: Questio n 6 2 out of 2 points The economizing problem is: Selected Answer: Correct Answer:
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Unformatted text preview: Questio n 7 2 out of 2 points The scarcity problem: Selected Answer: Correct Answer: Questio n 8 2 out of 2 points The four factors of production are: Selected Answer: Correct Answer: Questio n 9 2 out of 2 points Which of the following is a capital good? Selected Answer: Correct Answer: Question 10 2 out of 2 points The competitive market system encourages innovation and technological advance, primarily through: Selected Answer: Correct Answer: Question 11 2 out of 2 points The market system is characterized by: Selected Answer: Correct Answer: Question 12 2 out of 2 points Margaret decides to stay home and study for her exam rather than going out to a movie with her friends. Her dilemma is an example of: Selected Answer: Correct Answer:...
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ECON 202 quizes - Questio n 7 2 out of 2 points The...

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