Economics 002 - Principles of Economics II » Winter 2021 » Chapter 6 Lecture Quiz

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Question #1
The "Key Point" from the lecture in Part 1 is:
A.   Trough
B.   Peak
C.   Recession
D.   Business Cycle
Question #2
The "Key Point" from the lecture in Part 2 is:
A.   GDP Per Person
B.   Industrial Revolution
C.   Living standards
D.   Modern Economic Growth
Question #3
The "Key Point" from the lecture in Part 3 is:
A.   Inflexible Prices
B.   Flexible Prices
C.   Shocks
D.   Inventory
Question #4
The degree of ___________ is the "Key Point" in Part 4.
A.   Uncertainty
B.   Stickiness
C.   Supply
D.   Demand

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