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