3.2 quizzizzz

The study of the behavior and decision making of entire economies.

• Macroeconomics

• Microeconomics

• Love

General price levels should remain steady is called what

• Growth

• Stability

• GDP

Describe Work ethic

• Major focuses are high employment

• Commitment to the value of work and purposeful activity

• Process used to produce a good or service

Process used to produce a good or service

• Business cycle

• Minimum wage

• Technology

Americas economy has 108 million households

• False

• True

Who wanted to offer incentives for inventors ?

• Government funded program

• U.s incentives

• Gross domestic product

Major focuses are (choose 3)

• High employment

• Rent

• Steady growth

• Stable prices

Which of the following is NOT an example of new technology that has resulted in greater u.s production ?

• Telephones

• Rail roads

• Merrill acts

• Computer

One reason America has an overall high standard of living is ?

• Patent laws

• Low gdp

• Work Ethic

• Stagnant business cycles

Federal agencies fund research and development projects

• Us incentives

• Government funded research

• Business cycle