Miscellaneous Quiz / EHS Econ 2016

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

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

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Created May 31, 2016ReportNominate
Tags:2016, econ, remember

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