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