Miscellaneous Quiz / EHS Econ 2016

Random Miscellaneous Quiz

What (if anything) do you remember from AP Econ?

Quiz not verified by Sporcle

Challenge
Share
Tweet
Embed
Score 0/40 Timer 05:00
HintAnswer
Deliberate Government Actions to Affect the Economy
the Next Best Option
Allocative Efficiency
the Sum of Frictional and Structural Unemployment
Policy to Shift the AD Curve Left
Costs that Have Already Been Paid for and can't be Recovered
Profit Maximizing Rule for Imperfect Competition
Profit Maximizing Rule for PC firms
the Sum of Fixed and Variable Costs
a Good for Which Demand Increases As Income Increase
A Game-Theory Strategy that is Preferable No Matter the Other Player's Actions
the Law Stating the Decrease in Marginal Utility When Consumption Increases
Marginal Revenue Product
the Percentage of the Work Force Currently Jobless and Searching for a Job
Fluctuations in Economic Activity
When Each Customer is Charged His/Her Willingness to Pay
the Curve Showing the Relationship Between Unemployment and Inflation
a Tax that Rises More than in Proportion to Income
Factors of Production
A Large Number of Firms that Produce Identical Products
HintAnswer
Buying and Selling of US Bonds by the Fed
Having the Lower Opportunity Cost
Government Taxing and Spending Policy
the Fraction of an Additional Dollar of Disposable Income that Would Be Spent on Consumption
the Difference Between the Price and the Consumer's Willingness to Pay
When a Currency Decreases in Value Compared to Another
Benefits or Costs that Affect Parties Uninvolved With a Transaction
When the Quantity Demanded Isn't Affected by a Change in Price
a Market With One Seller
FED Actions
the Difference Between the Price and the Seller's Cost
a Minimum Market Price Above Equilibrium
Utility of the Last Unit Consumed
the Fraction of an Additional Dollar of Disposable Income that is Saved
Nominal Interest Rate
an Event that Causes the Supply and Demand Curves in an AS-AD Model to Move in the Same Direction
a Combination of High Inflation and a Decrease in GDP
a Market With One Buyer
A Good that is Nonrival and Nonexcludable in Consumption
a Good whose Demand Increases As Income Decreases

You're not logged in!

Compare scores with friends on all Sporcle quizzes.
Sign Up with Email
OR
Log In

You Might Also Like...

Show Comments

Extras

Top Quizzes Today


Score Distribution

Your Account Isn't Verified!

In order to create a playlist on Sporcle, you need to verify the email address you used during registration. Go to your Sporcle Settings to finish the process.