Quiz%201 - QUIZ 1 Solutions, ECON 210 INSTRUCTION: READ THE...

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QUIZ 1 Solutions, ECON 210 INSTRUCTION: READ THE FOLLOWING QUESTIONS AND BUBBLE IN YOUR ANSWER CHOICE IN THE PROVIDED SCANTRON (BUBBLE SHEET) USING A PENCIL. ENSURE THAT YOU HAVE ENTERED YOUR ID NUMBER ON THE SCANTRON. GOOD LUCK! 1. Homework assignments in Econ 210 are completed at which of the following websites? a. www.econ210.com b. www.aplia.com c. www.econhomeworkstinks.net d. www.federalreserve.gov 2. My Econ 210 recitation instructor’s name is: a. Adam Smith b. Rahm Emmanuel c. Celine Dion d. Chineze Christopher 3. According to the book, which of the following is the best example of a capital input to production? a. A teacher b. A $5 bill c. A pencil d. Stock in Microsoft 4. Resources are assumed to be scarce, which means that: a. There is an infinite supply of labor. b. The level of resources is fixed and never grows. c. Quantity demanded exceeds quantity supplied when the price is zero. d.
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This note was uploaded on 02/26/2012 for the course ECON 210 taught by Professor Staff during the Fall '08 term at Purdue University-West Lafayette.

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Quiz%201 - QUIZ 1 Solutions, ECON 210 INSTRUCTION: READ THE...

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