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