Chapter 5 & 6 L - Student Name: Charles Blackstone...

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Unformatted text preview: Student Name: Charles Blackstone Student Email: charles.blackstone@pluribusintl.com Site Title: Economics UOP custom CW Book's Title: UOP-custom course for Economics Book's Author: Case Location on Site: Chapter 5 > Lecture Exam Questions 100% Correct of 8 Scored items: 8 correct: 100% 0 incorrect: 0% Submitted on January 3, 2011 at 3:16 PM (EST)------------------------------------------------------------------- Question 1 The demand for lumber decreased in August. Supply of lumber has remained constant and five months later there still has been no change in lumber prices. This is an example of Correct: A sticky price.------------------------------------------------------------------- Question 2 A group of Senators introduce legislation that would subsidize employers' hiring of recent high school graduates. This legislation is designed to stimulate the economy. This legislation is in line with Correct: Keynesian economics....
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Chapter 5 & 6 L - Student Name: Charles Blackstone...

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