*********

********

1 * * * ****** **

the

************ ********** **** and receive ******* from ****** a) *******

market

** ********* capital

*******

c) financial ********** *******

d)

labor ******* Question *

*

* 1 ******

**

a ******* economy *** ********** ******

makes

**** ******** ********* ****** ** at ***** strongly influences how the ********* *** made
** *********** ** business ******* ** ***** **

*******

******** *

*

* * ******

*****

** ***

*********

** *********

********

** * valid criticism ** ***

production

** useful goods *** services?
a) ************* ********** ** the ***** ******* ** economic freedom
** ********** ************ ********

*

* * *

******

***** of the *********

best

********* * ******

******

****** ** household

*********

** **** ******** c) financial *******

markets

** ********** ********* ******** * * / * ****** **

*

********** ** *********

*****

** the *********

*****

***** *** most *********

**

an ********** **********

********

to hire ********* ** wage *******

b)

********* ******* c) *** firm’s ******* ** *** macroeconomy
******** * * * 1 ****** **************** ** ******** ******* *** ************ *******

******

** ** concerned

****

*** ********* of

*

small ******** into *

*****

corporation
c) **

concerned

with *** ********* *** contraction **

the

overall

********

** is narrower in ***** than microeconomics

********

7 * * * ****** Which ** *** ********* **** ********* * ******** policy

******

** ****** ** ********* ******** c) ********** ********* ** interest ****** Question

*

/ 1 ****** Economic ****** **** ***

*********************

are *** ******** ****** but *******

***

******** ** ****** ** **** ************ ********* that ********* ********

********

or theories

a)

************** ****** **

*********

capital market
**

financial

investment ******* **

********

flow ******** Question * *

*

1 point
Because of ***** ********** ***** national ********* which of *** following ** most likely ********** ** ** the **** ********* ****** *** *******

*****

*** ****** **

****

full ********* of ****************

********

of ******* ************* trade

*********

** ****** ******* economy

Chapter

* Random
******** ** * *

*

****** Which ** *** following is ****** ** ****** the ************** ***** of *** business ***** *** rate ** ************ ** ********* quite **** ** * depression ** * ********* **** **

****

*** relatively ******

c)

*** ******

of

******** fluctuations is

regular

and *********

easily

************ d) The

**********

*** ************ ** **** ***** ********

******

last varying lengths ** time and

often

differ in ********** ******** 11 1 * 1 ****** ***** ***** ** services **** to compute ***

*****

**** a) *** ******* ** production **** ** produce ******* ** ***

***

** *** ***** **** ** ********* ** ***** *** ******** ********* **

***

******** ****** ** *** ***** ** outstanding ****** ** ***** of ************* firms
******** ** 1 * * ****** ***

**********

******* nominal GDP *** **** ***

is:

** ******* *** ******* *** inflation
** **** GDP excludes

*******

*** ******** ** real *** ******* for ********** **

*******

GDP measures ****** ************* ******** ** * * 1

******

Middle-income ********* which ******* much ** Latin America *******

******

and some ********* ** **** **** **** *** ****** GDP **

***

***** ** ************ a) ***** to

$12000

** ****** ** ******** ** **** to $1200
d)

***

to ***** Question 14 1 /

*

point
*********** ** * small ******** ****

******

** *** ***** ******** ** ***

********

**** **** *** ** ** ****

to

********* *** *** ****** ***** *******

**

warehouses *** ** ***** shelves
** ******* ****** ** Services
c) ************ ** Structures
******** ** * * 1 ****** For most *********** ********* **

***

world *** ***************** ****

*****

a) *** ***** gradually

**

has declined ********* **

***

******* ****** ** has

******

to ** ******* Question ** *

/

1 point
On *** ****** side ** *** *********** by ************* ** *** ******* ********* ** *** accounting for ***** ********** of the GDP ** *** ***** ** *********** ** *********** ** *********

**

*********** Question **

1

/ *

******

** ***

******

**** **

***

*** ********** account for around **********

**

** **** ** **** b) 7%
** **** ** **** ********

18

* * 1 ******

Consumption

** *** United ******

is

***** ____________ ** ***

***

** ***** relatively ****** over time

**

**** ** **** ** **** **

****

Question 19 * * ****** *** ****** measure of *** ********** **** ********** ** ***** and ******** **** interest *** profit
** *********** investment government

purchases

*** *****

********

** ***********

interest

government purchases

***

***** ********

**

consumption government ********* ***** *** salaries

and

***** ******** ******** 20 * * * ****** Consumption ** *** ******** ** goods and

services

**** a)

***********

b) *******

*******

** ***********

d)

business firms

********

** * / * ****** *****

**

*** following *** **** likely classified ** ********** ** ******** ******* ******* ** automobiles ********** b) ******

bonds

** drugs

****

********* ******

d)

**** clothing

Question

** *

*

* ****** ** compare the

***

** *** ********* ********* **** ********* ********** it

**

necessary ** use ************************** ** ******** ****** b)

foreign

********* ** ** ******** ***** d) *** ******

GDP

******** ** * / 1 ****** ********* ***

now

*** ******* ****** component ** *** ****** side ** GDP

representing

**** **** ** **** a) **********

******

** *********** ** ********* ** ******* ****** ******* 6

*********

******** **

*

* * ******

**

**** *******

had

* GDP **

$70

******* ********* ** ** ******** ***

*

********** ** 51 million In **** ******* *** * GDP ** **** ******* *********

**

US dollars) *

***

* ********** of

53

******* ** **** percentage did

***************

*** *** capita

****

******* **** *** 2000?
a) *****

**

120%
** ***** d) ***** ******** 25 / 1 ****** ** **** *** *** of ****** ***

****

billion as ********

**

******** ******* ***

the

******** **** *** that

**

******** was ***** **

**

***** ** **** *** *** **

******

*** ***** ******* ** measured ** ******** ******* and *** exchange **** *** that $1 Canadian *** *****

**

US ***** **

****

********** did

the

*** **

******

******** **** ****

to

**** ** Canadian

*********

** ***** b) **** c) 68%

**

****