← Econ final Test
6 Written Questions
5 Multiple Choice Questions
- all of the above
- apply only to basic consumer spending.
- abolished private property.
- Lorenz curve
5 True/False Questions
Which of the following is an example of a future? → gold, wheat, coal
A sole proprietor may have to sell his or her car or house to cover business debts. Of which of the disadvantages of sole proprietorships is this an example? → inelastic
A "strong dollar → Inelastic
A price increase causes a rise in a company's total revenue. This indicates that demand for the company's products is → that nation's products become cheaper for other nations.
The Federal Reserve system's two main decision-making bodies are the Board of Governors and the → federal open market committee