Browse Economics resources and answers on Quizzma.
The word “scabs” is used in the selection to describe A family members of the workers going on strike. B negotiators who heal hard feelings after strikes are settled. C medics who treat strikers injured during protests. D laborers who…
Read more →Find the sum of the points on the tickets 1,025 , 2,375 , 3,600.
Read more →When economists describe “a market,” they mean _____. Any place where stocks and bonds are traded A communication network that allows individuals to keep in touch with each other A hypothetical place where the production of goods and…
Read more →Which type of economy is practiced in the United States today? Supply economy Mixed economy Market economy Planned economy
Read more →A key to economic growth and development is to _____. Locate more deposits of gold and other precious metals Allow governments to guide the allocation of resources Create businesses that provide jobs Emphasize a fair and equitable…
Read more →An economic system in which money is not used as a medium of exchange is a _____. Market economy Mixed economy Barter economy Planned economy
Read more →The total dollar value of all goods and services produced by all people within the boundaries of a country is called _____. Productivity Gross domestic product Gross national product Inflation factor Standard of living
Read more →What happens to the price level when aggregate demand (AD) declines? There is not enough information. The price level increases. The price level decreases. The price level remains the same.
Read more →According to the Davis‑Moore thesis, which statement is correct? Meritocracy is less productive than a caste system. Complete equality is functional for every society. More important jobs must provide enough rewards to attract the talent…
Read more →The inflationary spiral explains the causes and effects of high inflation. The spiral usually begins with an increase in demand. What is the direct effect of this increase? Producers raise prices to continue to make a profit. The…
Read more →What is the main difference between fads and fashions? Fads are temporary, while fashions are more enduring. Fads are associated with the elite, while fashions appeal to the general population. Fads are transmitted from one group to…
Read more →An increase in the price of a good or service encourages people to look for substitutes. A. True B. False
Read more →45 % of Americans have less than $1,000 saved for a(n) ____. A. Emergency B. Car C. Retirement fund D. New smartphone
Read more →You’ll have less freedom with your money if you … A. Invest in the stock market B. Are paying for things in your past C. Put money in a bank account D. Make less than $35,000
Read more →Which of the following most accurately describes the research data lifecycle? A. It refers to the obligation imposed by professional journals to share data. B. It refers to the obligation imposed by federal law to uphold data…
Read more →If you find conflict in guidance or are uncertain about how to classify a new document, you should first: A. Rely on your memory. B. Ask your security manager. C. Ask the original classification authority. D. Ask your quality assurance…
Read more →You may be subject to administrative, Uniform Code of Military Justice (UCMJ), or criminal sanctions if you engage in any of the following EXCEPT: A. Creating or continuing a Special Access Program (SAP) against DoD policy. B. Improperly…
Read more →What do guards do to protect the worker? Select the best option. A. Detects contact with the worker B. Places a physical barrier between the worker and machine C. Monitors for worker contact D. Acts as a warning sign for workers
Read more →Which job would be considered gig work? Select a response. A. Police officer B. Pet sitter C. Lawyer D. Nurse
Read more →What percentage of young adults ages 18‑25 reported heavy alcohol use in the past month? A. 7.6 % B. 10.3 % C. 15 % D. 22.6 % E. 46.7 %
Read more →Reginald buys a six‑pack of soda. The amount of satisfaction he derives from his purchase is described in terms of: A. total utility B. cost per unit C. marginal utility D. consumer equilibrium
Read more →An indifference curve provides the set of consumption alternatives that: A. yield the same marginal utility for the last unit consumed of each good. B. yield the same total amount of satisfaction. C. can be purchased for the same amount…
Read more →Consumers’ maximization of utility requires that: A. consumers get the most satisfaction out of every dollar they spend. B. consumers buy exactly the same quantity of each good purchased. C. consumers spend all the money they have. D. the…
Read more →Which describes the economic idea of utility? A. content of advertising aimed at changing spending habits B. amount of money consumers are willing to spend C. level of satisfaction consumers feel over purchases D. number of resources…
Read more →The Clayton Antitrust Act of 1914 stated that which of the following? A. Labor organizations or agricultural organizations were not covered by its provisions. B. An income tax that included income from property was a direct tax. C. It…
Read more →For a relatively elastic portion of a demand curve, a 100% increase in price will be accompanied by – A. a percent increase in quantity demanded less than 100%. B. a percent decrease in quantity demanded less than 100%. C. a percent…
Read more →Which of the following restructuring proposals could change how Medicaid works? A. Fixed block grants B. Limits on per‑capita federal spending C. Out‑of‑pocket spending D. Both A & B
Read more →What is meant by the phrase “spreading the overhead”? A. As production increases, average fixed cost declines. B. As production increases, average fixed cost declines and then increases. C. As production increases, average fixed cost…
Read more →If the income elasticity of demand for store brand macaroni and cheese is −3.00, this means that (Multiple Choice) A. store brand macaroni and cheese is a substitute for name‑brand macaroni and cheese. B. store brand macaroni and cheese…
Read more →What is the social and economic position of a person called based on income, education, and occupation? A. colonist B. representation C. taxation D. socioeconomic status
Read more →David Ricardo’s theory of comparative advantage explains international trade in terms of the following: A. late‑mover advantage that certain countries and firms possess B. varying proportions in the factors of production C. number of…
Read more →What is it called when the utility does what it promises and reports back to the community on a regular basis? 1. Transparency 2. Accountability 3. Communication 4. Workforce development hi m i z ing bias come
Read more →Type of Demand that changes only when price goes up or down. A. Market B. Supply C. Demand D. Circular Flow Model E. Factor Market F. Consumer Market G. Price H. Voluntary Exchange I. Mutual Benefit K. Standard of Value L. Rational…
Read more →Vernon’s International Product Life Cycle theory: A. extends the concept of comparative advantage by bringing into consideration the endowment and cost of factors of production. B. helps explain why a product that begins as a national…
Read more →If penalties are imposed on the sellers of illegal goods or services, then the equilibrium price _and the equilibrium quantity _. A. rises; increases B. rises; decreases C. falls; increases D. falls; decreases
Read more →Which of the following personally owned peripherals can you use with government furnished equipment (GFE)? A. A monitor connected via USB B. A Bluetooth headset C. A wired keyboard that requires installed drivers D. A USB hub
Read more →Why should you work to be an informed consumer? Select a response. A. To stay informed about trends B. To get the most value for your money C. To ensure you pay the right sales tax D. To spend the least amount of money
Read more →What percentage of young adults ages 18‑25 reported heavy alcohol use in the past month? (Choose an option below) A. 7.6 % B. 10.3 % C. 15 % D. 22.6 % E. 46.7 %
Read more →Knowledge Check 1: Information may be CUI in accordance with: (Select the best answer) A. Public Affairs guidance B. Executive Order 13526 C. Law, regulation, or government‑wide policy D. FOIA withholding criteria
Read more →“Watch a video of a speaker presenting on how to cultivate creativity in children. Write a response to the speaker’s discussion, incorporating relevant source material and personal experiences from your own childhood or observations of…
Read more →You work with a client four times a week for two hours each session. During your session, you take frequency data on your client’s screaming behavior. Last week, your client screamed 4 times during session 1, 8 times during session 2, 6…
Read more →Based on the above income statement data and the formula for calculating the interest coverage ratio presented in the Help section for p. 5 of the Footwear Industry Report, the company’s interest coverage ratio is 29.0. 3.00. 2.10. 2.20.…
Read more →The personal quotes used in this paragraph can best be described as A) advice. B) opinions. C) truths. D) commands.
Read more →Architects are becoming increasingly interested in building designs that rely less on air conditioning and more on balancing thermal properties. A It is most efficient to plan and build affordable, low-energy housing units in 10- to…
Read more →Professor Benjamin Sovacool said the RMI Global Cooling contest outcome was possible but highly unlikely because A government power regulations vary so much that no one unit could satisfy multiple national requirements. B alternate energy…
Read more →This selection is best described as A a book review. B informational text. C science fiction. D a biography.
Read more →This selection primarily A explains NASA’s findings in all of the historical missions to space. B describes the reasons why scientists and researchers develop scientific experiments and inventions. C recounts the historic events…
Read more →Which TWO of the following statements best identify the central ideas of this text? A. Strong nationalism was a factor leading to Japan’s imperialism. B. A failure to industrialize was the main force behind the expansion of Japan’s…
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