Prescriptive Test — Cumulative exam Answers
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What term is used in macroeconomics to describe the total supply and the total demand?
c
capitali
inflationa
aggregatee
equilibrium22
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most likely
T
The marginal cost will most likely decrease to $1.00T
The marginal cost will most likely increase to $2.00T
The marginal revenue will most likely decrease to $8.00.T
The marginal revenue will most likely increase to $12.00.23
What are the basic types of resources used by producers? Choose three answers.capitallaborvaluescarcityland
c
capitall
laborv
values
scarcityl
land24
most
M
Most countries use the dollar as their currency.C
Countries in Asia use the euro as their currency.D
Different countries use different currencies.A
All countries are required to use the same currency.25
Occupational Safety and Health AdministrationEnvironmental Protection AgencyFood and Drug AdministrationSecurities and Exchange Commission
A
Occupational Safety and Health AdministrationB
Environmental Protection AgencyC
Food and Drug AdministrationD
Securities and Exchange CommissionDid you find these answers helpful?
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