Quiz No. 5
Inflation and unemployment are examples of macroeconomic topics.
The equilibrium price of automobiles is a primarily macroeconomic issue.
Increases in the general
Quiz No. 6
When people buy land, their purchases are included in GDP.
Used car dealerships add nothing to GDP because the cars they sell were already recorded in GDP
when they were new.
Class 2 : Chapter 3 Supply and Demand
We talked about the supply and demand. What is supply?
Quiz 2 (you got soft copy from Carol)
Talked about the Concave and convex
She gave example by using the Tea supply& Demand
02:42 pm Finish Quiz 2
Carol taught ab
Class Activity 1
Begin each problem by drawing a supply and demand curve in equilibrium as
shown, and then answer each question.
1. Show what will happen to the price and quantity of bottles of California wine
if a freeze dest
Quiz No. 4
1. A government-imposed price ceiling set below the market's equilibrium price will create an excess demand for a
product. As a result of the excess demand, either the demand curve will tend to shift to th
Quiz No. 3
When individuals come together to buy and sell goods and services, they form a(n)
production possibilities frontier
Which of th
CHAPTER 2SCARCITY, CHOICE, AND ECONOMIC SYSTEMS
1. When opportunity costs rise as more of a good is consumed, the production possibilities frontier will
be concave (bowed out) with respect to the origin.
2. By better utili
CHAPTER 1WHAT IS ECONOMICS?
1. The basic problem of economics arises when there are unlimited resources available to fulfill society's
2. Economics is the study of choice under conditions of
By JACQUES ELLUL
David W. Gill
To my wife
who endures the problems of
money with me
THE PROBLEM OF MONEY:
Olivet University Spring Semester 2014
Macro Economics: Quiz Number 3, Chapters 10, 11, 12, 13, 14 & 15.
15 points possible
1. During a recession, a rising unemployment rate is
b. stimulating higher levels of inflation
c. predicted by the
Multiple Choice Quiz regarding chapter 20
1 An example of an in-kind transfer program is
A) Unemployment insurance.
B) Welfare payments.
C) Food stamps.
2 An example of a social insurance program is
Multiple Choice Quiz about chapter 19
1 An income share is the
A) Way that total personal income is divided up among households.
B) Way that in-kind income is divided up among households.
C) Proportion of income received by a particular group of household
Multiple Choice Quiz
1 The word monopolistic in monopolistic competition refers to the fact that
A) There are many firms in the market.
B) There are high barriers to entry.
C) Firms have some control over price.
D) There is only one firm in the market.
Multiple Choice Quiz about chaoter 13
1 A natural monopoly
A) Does not provide any basis for government regulation.
B) Arises from the existence of substantial economies of scale.
C) Is not a source of market failure.
D) All of the answers are correct.
The Cost of Capital
Topics in Chapter
Cost of capital components
Factors that affect WACC
Adjusting cost of capital for risk
Determinants of Intrinsic Value:
The Weighted Average Cost of Capital
Financial Options and
Applications in Corporate
Topics in Chapter
Financial Options Terminology
Option Price Relationships
Black-Scholes Option Pricing Model
The Big Picture:
The Value of a Stock Option
1, How Government influence the economic? Two ways
I -U.S. Congress
Pass the laws
Supply ans so on
II -Federal reserve Bank
2, sunk cost
You may draw the sunk cost based on this pictu
Multiple Choice Quiz
1,The market demand curve results from
A) Adding the quantities demanded at each price by all consumers.
B) Adding the quantities supplied at each price by all suppliers.
C) Adding each supply curve to each demand curve.
D) The market
1, we did a quiz on class and then the teacher explained it. Please study harder on supply and
2, What make into Market?
3, Marginal Utility: last a little you want to pay
Elasticity demand: Usefulness
Find a newspaper and then read it. Wirte some paragraphs explain the economic
phenomena by what you leart form this calss. You can draw pitures to expalin if you
Longer maturity bonds will trade at higher yields compared to shorter bon
Please look at the ppt of Chapter 3, then answer each question by drawing a supply and
demand curve in equilibrium.
1,show what will happen to the price and quantity of bottles of California wine if a freeze
destroys a large portion of the California vine
1, There are a lot of Market in the world: Food, cloths, guns, gifts, real Estate and so on. For us we
need pay more attention on Money Market, Stock Market, and Bond Market
2, Money Market
In Money Market, Risk is interest. We need pay