Miscellaneous Quiz / EHS Econ 2016

Random Miscellaneous Quiz

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

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

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