ECON-1010-N-Introduction to Microeconomics Dashboard / My courses / ECON-1010-N / VIRTUAL ASSIGNMENTS for Exam #0 - Ch 1 & App & 2 / 1A Quiz navigation Question 1 Which one of the following topics does macroeconomics study? Not yet 5 8 answered O a. decisions of individual firms Marked out of O b. effects of government safety regulations on the price of cars 10 1.000 O c. the performance of the global economy Flag question O d. prices of individual goods and services Finish attempt ... O e. effects of taxes on the price of gasoline Time left 0:14:50 Question 2 Scarcity confronts Not yet answered O a. neither the poor nor the rich Marked out of O b. the rich but not the poor 1.000 O c. the poor but not the rich Flag question O d. the rich and the poor O e. families with incomes less than $25,000 a year Next pageECON-1010-N-Introduction to Microeconomics Dashboard / My courses / ECON-1010-N / VIRTUAL ASSIGNMENTS for Exam #0 - Ch 1 & App & 2 / 1A Question 3 Quiz navigation The fact that a hockey star earns $3 million a year while a teacher earns Not yet $50,000 annually is an example of an economy facing the 3 8 answered question. Marked out of 10 1.000 O a. "what" Flag O b. "how" question Finish attempt ... O c. "where" O d. "for whom" Time left 0:14:37 O e. "when" Question 4 A star athlete can afford a garage full of exotic cars while other people can Not yet only afford to take a city bus for transportation. This is an example of an answered economy facing the question. Marked out of 1.000 O a. "what" Flag O b. "how" question O c. "for whom" O d. "where" O e. "when"