Exam 1 X MindTap - Cengage Learning X C When unexpected inflation is z X Dashboard X + C ng.cengage.com/staticb/ui/evo/index.html? deploymentld=58326429524367198800130137&elSBN=9781337915601&id=1567854450&snapshotld=3080673& M Gmail YouTube Maps APA citations MindTap - Cengag... Q Practice Flashcar... S Ling 2000 Fall19.. Ling 106 hw 4.pdf course hero C My Overview | Ch... CENGAGE |MINDTAP Q Search this course ? Exam 1 X Test: Exam 1 Time Remaining: 2:59:24 Save Submit Test for Grading A-7 Questions mc1em06r_ch03.15m Question 15 of 40 13 O 14 15 O Households now produce for themselves and demand from the market. O a. the same as before; less 16. O b. less; more 17. O c. the same as before; the same as before 18 O d. more; the same as before 19 O e. more; less bongo 20. 21 22 23 24 25 26. O 27. O 28. - Icon Key 29 mclemoor_ch03.15m Question 15 of 40Exam 1 X MindTap - Cengage Learning X C When unexpected inflation is z X Dashboard X + C ng.cengage.com/staticb/ui/evo/index.html? deploymentld=58326429524367198800130137&elSBN=9781337915601&id=1567854450&snapshotld=3080673& M Gmail YouTube Maps APA citations MindTap - Cengag... Q Practice Flashcar... S Ling 2000 Fall19.. Ling 106 hw 4.pdf course hero C My Overview | Ch... CENGAGE |MINDTAP Q Search this course ? Exam 1 X Test: Exam 1 Time Remaining: 2:58:41 Save Submit Test for Grading A-7 Questions mc1em06r_ch03.03m Question 27 of 40 25 O 26 27 O Choices households make do not include O a. what to produce. 28. O b. where to live. 29 O c. where to work. 30 O d. what to buy. 31. O O e. how much to save. 32. bongo 33 34 35 O 36. 37. 38 39 O 40 - Icon Key mclem06r_ch03.03m Question 27 of 40Exam 1 X MindTap - Cengage Learning X C When unexpected inflation is z X Dashboard X + C ng.cengage.com/staticb/ui/evo/index.html? deploymentld=58326429524367198800130137&elSBN=9781337915601&id=1567854450&snapshotld=3080673& M Gmail YouTube Maps APA citations MindTap - Cengag... Q Practice Flashcar... S Ling 2000 Fall19.. Ling 106 hw 4.pdf course hero C My Overview | Ch... CENGAGE |MINDTAP Q Search this course ? Exam 1 X Test: Exam 1 Time Remaining: 2:58:36 Save Submit Test for Grading A-7 Questions mc1em06r_ch02.125m Question 31 of 40 29 O 30 31 O A straight-line possibilities frontier indicates that a. resources are equally adaptable to the production of either product. 32. O b. society is not using the latest technology. 33. O c. resources are not being used efficiently. 34 O O d. the slope of the line is equal to -1. 35. C O e. resources are unemployed. 36. bongo 37 38 39 40 O- Icon Key mclemoor_ch02.125m Question 31 of 40Exam 1 X MindTap - Cengage Learning X C When unexpected inflation is z X Dashboard X + C ng.cengage.com/staticb/ui/evo/index.html? deploymentld=58326429524367198800130137&elSBN=9781337915601&id=1567854450&snapshotld=3080673& M Gmail YouTube Maps APA citations MindTap - Cengag... Q Practice Flashcar... S Ling 2000 Fall19.. Ling 106 hw 4.pdf course hero C My Overview | Ch... CENGAGE |MINDTAP Q Search this course ? Exam 1 X Test: Exam 1 Time Remaining: 2:58:30 Save Submit Test for Grading A-7 Questions mc1em06r_ch01.101m Question 34 of 40 32 33 34 O An economic theory seeks to: a. explain phenomena without predicting them. 35. O O b. distort reality in order to improve forecasting ability. 36. O c. include every detail and interrelation among variables that are being analyzed. 37 O d. predict phenomena without explaining them. 38 O e. capture the important elements of the problem under study. 39 bongo 40 O- Icon Key mclemoor_ch01.101m Question 34 of 40Exam 1 X MindTap - Cengage Learning X C When unexpected inflation is z X Dashboard X + C ng.cengage.com/staticb/ui/evo/index.html? deploymentld=58326429524367198800130137&elSBN=9781337915601&id=1567854450&snapshotld=3080673& M Gmail YouTube Maps APA citations MindTap - Cengag... Q Practice Flashcar... S Ling 2000 Fall19.. Ling 106 hw 4.pdf course hero C My Overview | Ch... CENGAGE |MINDTAP Q Search this course ? Exam 1 X Test: Exam 1 Time Remaining: 2:58:25 Save Submit Test for Grading A-7 Questions mc1em06r_ch01.131m Question 35 of 40 33 O 34. O 35 O Which of the following is a positive statement? a. Unemployment and inflation are equally important problems. 36. O b. Unemployment is a less important problem than inflation. 37. O c. An unemployment rate of 7 percent or higher is a national disgrace. ? 38 O d. When the unemployment rate in an economy is 7 percent, the unemployment rate of the urban population is often close to 40 percent. 39 O e. An inflation rate of 7 percent is too high. 40 bongo O- Icon Key mclemoor_ch01.131m Question 35 of 40