ECO 203 WEEK 2 QUIZ

July 6, 2015  |  By  | 


For more course tutorials visit www.uoptutorial.com 1. Question : The term “recession” refers to a 2. Question : Who is NOT a loser in inflation? 3. Question : The transfer of funds from savers to business investors takes place in the 4. Question : If taxes increase and the AS curve is upward sloping, then 5. Question : The turning points of the business cycle are called 6. Question : As an economy recovers from a trough in the business cycle, 7. Question : Short-term unemployment while searching for a new job is called 8. Question : Economists use the phrase "business cycle" when discussing 9. Question : In the circular flow model, how can households use their income? 10. Question : The curve that shows quantities of total real output that will be offered for sale at various price levels

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