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Macroeconomics chapter 1

Authored by Adalia Sahmanovic

Professional Development

Professional Development

Used 7+ times

Macroeconomics chapter 1
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the sum of total of all the economic activity within a given region 

Economy

Economics

Macroeconomics

Factors of production 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

-the study of how a society uses its scarce resources to produce and distribute goods and services 

Capital

Microeconomics

Entrepreneurship

Economics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

-the study of the big picture issues in an economy including competitive behavior among firms,the effect of government policies,and overall resource allocation issues. 

Eminent domain

Macroeconomics

Collateral

Economic activity

4.

OPEN ENDED QUESTION

3 mins • 1 pt

Factors of production 

Evaluate responses using AI:

OFF

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

-the funds that finance the operations of a business as well as the physical,human-made elements used to produce goods and services,such as factories and computers

Economic Freedom

Scarcity

GDP per capita

Capital

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

-the combination of innovation,initiative,and willingness to take the risks required to rate and perate new busses

Capital

Economic activity

Entrepreneurship

Private property 

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

-the policies that define a society's particular economic structure,the rules by which a society allocates economic resources

Factors of production 

Economic systems 

Economics

Eminent domain

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