SOPHIA PATHWAY- MACROECONOMICS Milestone 4.pdf - SOPHIA...

This preview shows page 1 - 3 out of 9 pages.

SOPHIA PATHWAY- MACROECONOMICS You passed this Milestone 4 1 Some economists support the use of trade barriers when unemployment is high because of which of the following? Domestic businesses have an incentive to produce efficiently. Comparative advantage no longer applies. Trade barriers serve special interests. Trade barriers have a positive effect on an international level.
CONCEPT Analysis Trade Barriers 2 Which of the following is FALSE concerning using GDP to compare countries?
CONCEPT Real GDP 3 Increasing employment of women in living wage occupations is linked with which of the following?
CONCEPT Labor Force Participation Rates by Gender 4 Which statement below regarding monetary and fiscal policy is FALSE?
CONCEPT Monetary and Fiscal Policy 5 Which of the following is NOT a sustainable source of growth? Factors that shift the SRAS curve but not the LRAS curve Increase in population, leading to more people available in the work force Invention of new forms of technology Factors that shift the LRAS curve to the right
CONCEPT Sustainable Economic Growth 6 Which statement below about GDP and GNP is true?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture