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

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