Portland State BA 101. CH 2 WKS Multiple Choice Questions

Jul 1st, 2016
Studypool Tutor
Price: $20 USD

Tutor description

QuestionMultiple Choice Identify the choice that best completes the statement or answers the question. 1. Define economics. a) a financial and social system b) the study of a country’s overall economic issues c) the integration between consumers, families, and businesses d) the study of the choices that different entities make in allocating resources 2. Macroeconomics focuses on a) the major issues facing the national economy, but has little or no relevance to individuals. b) smaller economic units such as individual consumers, families, and individual businesses operating within the economy. c) the major issues facing the national economy that may seem abstract, but directly affect an individual’s day-to-day life. d) the role of government, while microeconomics focuses on the private sector. 3. After the collapse of the dot com bubble and the 9/11 terrorist attacks, the stock market depreciated and unemployment increased leading many to fear that the country was on the brin

Word Count: 2746
Showing Page: 1/9
Portland State BA 101. CH 2 WKS Multiple Choice QuestionsReport this Question as InappropriateQuestionBUSN5 CH2 WKSMultiple ChoiceIdentify the choice that best completes the statement or answers the question.1. Define economics.a) a financial and social systemb) the study of a countrys overall economic issuesc) the integration between consumers, families, and businessesd) the study of the choices that different entities make in allocating resources2. Macroeconomics focuses ona) the major issues facing the national economy, but has little or no relevance to individuals.b) smaller economic units such as individual consumers, families, and individual businessesoperating within the economy.c) the major issues facing the national economy that may seem abstract, but directly affect anindividuals day-to-day life.d) the role of government, while microeconomics focuses on the private sector.3. After the collapse of the dot com bubble and the 9/11 terrorist attacks, the stock marketdepreciated and unemployment increased leading many to fear that the country was on the brinkof a full-blown recession. In order to stimulate the economy the Federal Reserve Banka) lowered taxes in an effort to increase spending.b) lowered interest rates from 6.5% to 1.25% in an effort to increase spending.c) increased taxes in an effort to increase spending.d) increased interest rates from 1.25% to 6.5% in an effort to increase spending.4.Early in your first term as President

Review from student

Studypool Student
" Very Satisfied. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1831 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors