The Economy of the US — Unit test Answers
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What is the typical annual inflation rate?
A
1–4 percentB
4–8 percentC
8–12 percentD
12–16 percent22
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b =
A
–2B
1C
2D
523
c =
A
–2B
1C
2D
524
4. Analyze the discriminant.b2 – 4ac =
A
–39B
33C
39D
4125
Which example shows why producers cannot always control the number of goods they supply?
A
Company A decides to offer a wider range of skateboards, so it increases production and raises some prices.B
Company B decides to increase production of its new product and raises the price because the product is selling so well.C
Company C is having trouble hiring enough workers to keep its production lines operating at the normal level.D
Company D would like to introduce a new product, so it conducts research to determine the best price and the quantities to produce.26
The quadratic function will have .
A
2 real number zerosB
1 real number (double) zeroC
0 real number zeros27
Review the diagram.
A
one example of deflationB
the circular flow of incomeC
the changing cost of livingD
one cause of hyperinflation28
Following a natural disaster, Congress provided assistance for people in the affected area. How did the money from the government most likely affect demand?
A
It did not affect demand.B
It increased demand.C
It decreased demand.D
It made demand disappear.29
When does a monopoly occur?
A
when there is only one company that provides a product or serviceB
when companies that provide the same products are decentralizedC
when one company charges very low prices for a product or serviceD
when companies producing the same product get together to set pricesDid you find these answers helpful?
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