Milestone 1.00.pdf - SCORE UNIT 1 u2014 MILESTONE 1 19/19...

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1 CONCEPT Supply and Demand 2 CONCEPT Tax/Subsidy 3 CONCEPT Economic Growth (GDP) 4 CONCEPT Role of the Government/Government Spending/Transfer Payments 5 CONCEPT Elasticity 6 CONCEPT Surplus and Constraints 7 CONCEPT Business Cycles - Expansionary/Recessionary (NBER) 8 CONCEPT Foreign Exchange and Currency You passed this Milestone 19 questions were answered correctly . Which of the following could cause a shift in the demand curve? The consumer will bear more of the burden of a tax if demand is which of the following? Which of the following terms is the sum of the amount of resources used to produce goods and services?
9 CONCEPT Why Study Macroeconomics? 10 CONCEPT Nominal GDP versus Real GDP 11 CONCEPT What is Economics? 12 CONCEPT Unemployment/Full Employment - Frictional / Structural / Cyclical 13 CONCEPT Business Cycles - Expansionary/Recessionary (NBER) 14 CONCEPT Monetary Policy/Fiscal Policy 15 CONCEPT Foreign Exchange and Currency 16 CONCEPT Circular Flow Diagram
17 CONCEPT Circular Flow Diagram 18 CONCEPT Aggregate Supply and Aggregate Demand 19 CONCEPT International Trade

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