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Question
The above table has information about the hypothetical economy of Robotica. Based on the data, the size of M2 isA) $2,600 billion.
B) $2,610 billion.
C) $610 billion.
D) $600 billion.
E) $1,710 billion.
Answer
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Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
Q:
Choices that are best for the society as a whole are choices in pursuit of
A) answering the "how" question.
B) the social interest.
C) self-interest.
D) incentives.
E) answering the "for whom" question.
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A) What type of health care will be produced and in what quantity?
B) How will health care be produced?
C) For whom will health care be produced?
D) Why will we offer health care?
E) Must we offer health care?
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When unskilled teens earn less than college graduates, society answers the ________ question.
A) how
B) what
C) for whom
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When the federal government decides to pay senators more than it pays soldiers, it answers the ________ question.
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The figure above shows the relationship between the journey length and the cost of trip per mile. The curve becomes flatter because as the journey length increases,A) the fall in the cost per mile becomes smaller.B) the fall in the cost per mile becomes greater.C) the cost per mile decreases.D) the cost per mile increases.E) the cost per mile remains unchanged.
Q:
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B) why
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B) Eric buys a replacement ticket to the basketball game after he realizes that he accidentally left his original ticket at home.
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Q:
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A) What?
B) How?
C) For whom?
D) Why?
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Q:
Which of the following is a topic studied in macroeconomics?
A) the pricing decisions in the computer hardware industry
B) the effect on economic growth if the government raises taxes
C) how the wheat industry determines how much wheat to grow
D) the impact of labor unions on wages
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Q:
Which of the following BEST describes macroeconomics?
A) It analyzes the aggregate effects on the national economy of the choices made by individuals, firms, and governments.
B) It studies the choices that individuals and businesses make when coping with scarcity.
C) It examines how the choices that individuals affect governments.
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Q:
Which of the following is a microeconomic topic?
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D) ii and iii
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Q:
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Q:
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Q:
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B) negatively sloped.
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C) x-axis minus the change in the variable measured along the y-axis.
D) x-axis multiplied by the change in the variable measured along the y-axis.
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Q:
An independent relationship between two variables is shown in a graph by
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B) a horizontal or a vertical line.
C) a downward-sloping line.
D) a steeply sloped line.
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