Week 5 Quizzes – Eco/Gm 561

Week 5 Quizzes ECO/GM 561 Your Results for: "Readiness Assessment Quiz"Print this page Site Title:Economics UOP habit CW Book Title:UOP-habit way for Economics Book Author:Case Summary of Results 100% Correct of 7 Scored items: 7 Correct: 100% 0 Incorrect: 0% Over notification environing scoring GDP includes all transactions in which specie or consequence fluctuate hands. Your Answer:False GDP is similar to the treasure of entirety sales in an rule. Your Answer:False I bought a archives conclusive year. I don't enjoy it any over and am going to retail it to my cousin for $2. This sale should be interjacent in GDP. Your Answer:False Consumption, cannonade, legislation purchases, and net exports are the immodest components of entirety expenditures. Your Answer:True Households entertain all of their specific allowance to consume or reserve. Your Answer:False When economists apportion trifling GDP it resources they are cautious GDP merely approximately. Your Answer:False Per principal GDP is a country's GDP separated by its population. Your Answer:True Your Results for: "Readiness Assessment Quiz" Title:Economics UOP habit CW Book Title:UOP-habit way for Economics Summary of Results 100% Correct of 8 Scored items: 8 Correct: 100% 0 Incorrect: 0% Over notification environing scoring The twin evils of macroeconomics are unemployment and inflation. Your Answer:True Recessions conclusive six months. Anything longer is determined a debasement. Your Answer:False To be considered industrious a idiosyncratic must be agoing for pay for at lowest 20 hours per week. Your Answer:False You scarcity to be 14 years old to be considered portio of the work vigor. Your Answer:False A terrify worker is not in-fact agoing. Your Answer:True People illustratively are unindustrious for at lowest six months. Your Answer:False Recessions entertain a amiable cause to them consequently they succor weaken inflation. Your Answer:True The consumer charge abjuration is installed on a package of consequence and services purchased year-by-year by the illustrative modish consumer. Your Answer:False