ECO 203 WEEK 2 QUIZ
- Question : The term “recession” refers to a
- Question : Who is NOT a loser in inflation?
- Question : The transfer of funds from savers to business investors takes place in the
- Question : If taxes increase and the AS curve is upward sloping, then
- Question : The turning points of the business cycle are called
- Question : As an economy recovers from a trough in the business cycle,
- Question : Short-term unemployment while searching for a new job is called
- Question : Economists use the phrase “business cycle” when discussing
- Question : In the circular flow model, how can households use their income?
- Question : The curve that shows quantities of total real output that will be offered for sale at various price levels