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Here are the best resources to pass ECON 102 QUIZ 2 QUESTIONS AND ANSWERS (Econ-102). Find ECON 102 QUIZ 2 QUESTIONS AND ANSWERS (Econ-102) study guides, notes, assignments, and much more.
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS.
Exam (elaborations) • 7
pages
• 2021
ECON 102 QUIZ 2 QUESTIONS AND ANSWERS. Macroeconomics considers ________ and microeconomics considers

________Correct!

 economywide phenomena; choices of individuals

Question 2

0.5 / 0.5 pts

Dr. Dave’s economics students are creating models explaining gasoline price changes.

Minjun's model has realistic assumptions and is very complex. Ava's model is less

complicated and less realistic. Minjun's model correctly predicts gas price increases

25% of the time. Anna's model predicts cor...
ECON 102 QUIZ 2 QUESTIONS AND ANSWERS.
Last document update:
ago
ECON 102 QUIZ 2 QUESTIONS AND ANSWERS. Macroeconomics considers ________ and microeconomics considers

________Correct!

 economywide phenomena; choices of individuals

Question 2

0.5 / 0.5 pts

Dr. Dave’s economics students are creating models explaining gasoline price changes.

Minjun's model has realistic assumptions and is very complex. Ava's model is less

complicated and less realistic. Minjun's model correctly predicts gas price increases

25% of the time. Anna's model predicts cor...
ECON 102 QUIZ 2 QUESTIONS AND ANSWERS. Business cycles are

A. movements in stock prices.



B. the transfer of executives between firms.



C. used to describe fluctuations in GDP.



D. a description of the time required to bring a new product to market.

Answer Key: C

Question 2 of 10 10.0/ 10.0 Points

Economists define the unemployed as individuals who are

 A. not currently working.



 B. not currently working but are actively looking for work.



 C. working but looking for a different ...
ECON 102 QUIZ 2 QUESTIONS AND ANSWERS.
Last document update:
ago
ECON 102 QUIZ 2 QUESTIONS AND ANSWERS. Business cycles are

A. movements in stock prices.



B. the transfer of executives between firms.



C. used to describe fluctuations in GDP.



D. a description of the time required to bring a new product to market.

Answer Key: C

Question 2 of 10 10.0/ 10.0 Points

Economists define the unemployed as individuals who are

 A. not currently working.



 B. not currently working but are actively looking for work.



 C. working but looking for a different ...