ECO 302 ECO302 ECO/302 ENTIRE COURSE HELP – STRAYER UNIVERSITY

Description

ECO 302 ECO302 ECO/302 ENTIRE COURSE HELP – STRAYER UNIVERSITY

ECO 302 Week 2 Quiz

ECO 302 Week 2 Quiz 2

ECO 302 Week 3 Quiz

ECO 302 Week 7 Quiz

ECO 302 Week 8 Quiz

ECO 302 Week 9 Quiz

ECO 302 ECO302 ECO/302 ENTIRE COURSE HELP – STRAYER UNIVERSITY

ECO 302 Week 2 Quiz

ECO 302 Week 2 Quiz Strayer

•       Question  1

5 out of 5 points

When GDP is expanding toward a high point it is called a[n]:

Answer

•       Question  2

5 out of 5 points

A trough in an economy is when the economy:

Answer

•       Question  3

5 out of 5 points

When real GDP falls toward a low point or trough it is called a[n]:

Answer

•       Question  4

5 out of 5 points

In a macroeconomic model, the term disequilibrium refers to

Answer

•       Question  5

5 out of 5 points

When a country follows a gold standard,

Answer

•       Question  6

5 out of 5 points

In a macroeconomic model with perfect competition,

Answer

•       Question  7

5 out of 5 points

The dollar price paid to use capital is known as:

Answer

•       Question  8

0 out of 5 points

An economic recession ends when

Answer

•       Question  9

5 out of 5 points

A price taker:

Answer

•       Question  10

0 out of 5 points

In a macroeconomic model, the term disequilibrium refers to

Answer

•       Question  11

5 out of 5 points

Macroeconomics deals with:

Answer

•       Question  12

0 out of 5 points

An economic expansion ends when the economy

Answer

ECO 302 ECO302 ECO/302 ENTIRE COURSE HELP – STRAYER UNIVERSITY

ECO 302 Week 2 Quiz 2

Review Test Submission: Week 2 Quiz

•       Question  1

5 out of 5 points

In a macroeconomic model with perfect competition,

Answer

•       Question  2

5 out of 5 points

When real GDP falls toward a low point or trough it is called a[n]:

Answer

•       Question  3

5 out of 5 points

A peak in an economy is when the economy:

Answer

•       Question  4

5 out of 5 points

Macroeconomics uses microeconomic models

Answer

•       Question  5

5 out of 5 points

A price taker:

Answer

•       Question  6

5 out of 5 points

An exchange rate reflects

Answer

•       Question  7

5 out of 5 points

The price of labor is the:

Answer

•       Question  8

5 out of 5 points

An equilibrium price in a microeconomic model

Answer

•       Question  9

5 out of 5 points

When a country follows a gold standard,

Answer

•       Question  10

5 out of 5 points

In the past twenty-five years, the U.S. Federal Reserve mostly has pursued a policy of

Answer

•       Question  11

5 out of 5 points

A variable taken as given in a model is a[n]

Answer

•       Question  12

5 out of 5 points

A trough in an economy is when the economy:

Answer

ECO 302 ECO302 ECO/302 ENTIRE COURSE HELP – STRAYER UNIVERSITY

ECO 302 Week 3 Quiz

Question  1

0 out of 5 points

If nominal GDP is 300 and the implicit price level is 0.75, then real GDP

Answer

Question  2

5 out of 5 points

The consumer price index (CPI):

Answer

Question  3

5 out of 5 points

If real GDP is 120 and nominal GDP is 180, then the implicit price level is:

Answer

Question  4

5 out of 5 points

If real GDP equals 400 and the implicit price level is 1.25, then nominal GDP

Answer

Question  5

5 out of 5 points

The consumer price index is constructed from:

Answer

Question  6

5 out of 5 points

Net national product (NNP) is gross national product (GNP):

Answer

Question  7

5 out of 5 points

When the quality of a product changes over time, real GDP

Answer

Question  8

5 out of 5 points

The chain-weighted measure of GDP

Answer

Question  9

5 out of 5 points

Seasonal adjustment to macroeconomic data corrects mostly for

Answer

Question  10

5 out of 5 points

A pottery shop buys clay and other materials for $20.  Workers use the materials to make 5 bowls that are sold for $250 total.  The value added by the pottery shop equals

Answer

Question  11

5 out of 5 points

Disposable personal income is personal income:

Answer

Question  12

5 out of 5 points

Personal income is national income:

Answer

Question  13

5 out of 5 points

If there are 120 machines in an economy and the depreciation rate is 5% per year, then:

Answer

Question  14

0 out of 5 points

In the production function Y = A • F(K,L),  Y is:

Answer

Question  15

5 out of 5 points

Economists use the term poverty to identify people who

Answer

Question  16

0 out of 5 points

Data from recent decades show that economic growth led to

Answer

Question  17

0 out of 5 points

The Solow growth model assumes unemployment is:

Answer

Question  18

5 out of 5 points

The marginal product of labor is:

Answer

Question  19

5 out of 5 points

If a country has a population of 300 million and a labor force of 200 million, then its labor force participation rate is:

Answer

Question  20

0 out of 5 points

For the production function Y = A • F(K,L) constant returns to scale means:

Answer

Question  21

5 out of 5 points

In a closed economy with no government sector, the change in the capital stock is equal to:

Answer

Question  22

0 out of 5 points

Data from recent decades show that economic growth led to

Answer

Question  23

0 out of 5 points

In the steady state for the Solow growth model, the saving per worker

Answer

Question  24

5 out of 5 points

A bakery with a production function exhibiting constant returns to scale has 2 mixers and 4 workers, who produce 10 cakes per day.  If the bakery owner adds 2 more mixers and 4 more workers, then production would most likely

Answer