Macroeconomics test

Macroeconomics test - interests 7 What are ways to measure...

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1. Macroeconomics test #1 chapters (1-15) 1. What are the three categories of resource? 2. Private property rights involve what? 3. What is the law of supply? 4. Is price floor a good thing? Why or why not? explain 5. What are the two function of government and what are they stand for? 6. How does voting effect the economy and it’s
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Unformatted text preview: interests? 7. What are ways to measure GDP? 8. Name the three types of unemployment. 9. There are four key markets RESOURCES, LOANABLE FUNDS AND GOODS/SERVICES define them in your own words 10. Name the factors that shift. 11. What is passive strategy? 12. What is activist Strategy?...
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