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ECON102 quiz 5

16 May ECON102 quiz 5

Posted at 17:26h in Essay Writing Services by
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ECON102 quiz 5

Quiz 5

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Part 1 of 1 – 70.0/ 100.0 Points
Question 1 of 10
 10.0/ 10.0 Points

Technological progress occurs when the economy gets more output
Question 2 of 10
 10.0/ 10.0 Points

If a firm increases its use of capital while holding constant the number of workers employed, the firm is said to experience
Question 3 of 10
 0.0/ 10.0 Points

Increases in net investment generally result in
Question 4 of 10
 10.0/ 10.0 Points

Nations that borrow from abroad to support current investment will
Question 5 of 10
 10.0/ 10.0 Points

Nations that borrow from abroad to support current consumption
Question 6 of 10
 0.0/ 10.0 Points

Trade deficits always lead to future decreases in consumption if the trade deficits
Question 7 of 10
 10.0/ 10.0 Points

An event that allows the economy to operate more efficiently by producing more outputs without using any more inputs is referred to as
Question 8 of 10
 10.0/ 10.0 Points

It is possible for an economy to become more productive and per-capita output to increase if
Question 9 of 10
 0.0/ 10.0 Points

Knowledge and skills are part of ________ in an economy.
Question 10 of 10
 10.0/ 10.0 Points

Economic growth is severely impeded in economies

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