BAMM-6101 - Macroeconomics Theory and Practice oed answer key
Showing 21 to 40 of 132 total answers.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
Compute the opportunity cost , where mobile phones is to Simcards
Answer
The correct answers are: _________ simcard, /Correct
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
Net Domestic Product (NDP) = C + In + G + NX = GDP - depreciation
Answer
C + In + G + NX
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
Real GDP is reported quarterly by the Bureau of Economic Analysis
Answer
Real GDP is reported quarterly by the Bureau of Economic AnalysisCorrect
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
___________ is a term used to denote a very high rate of inflation.
Answer
HyperinflationCorrect
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
When the average level of prices declines, this is called _________.
Answer
DeflationCorrect
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
A _______is a collection of suppliers and consumers engaged in trade.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
Macroeconomics is analysis of the behavior of an economy as a nation.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
___________ is nominal wage corrected for the average level of prices.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
____________ is when we specialize and both benefit after the exchange
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
__________- percentage rate of increase in the price index per period.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
Cartesian coordinate system is not the usual graphical representation.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
consumers) produced by a nation during a specific period, usually year
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
___________ = Labor Force / Civilian Non institutional Population * 100
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
Compute the opportunity cost , where 10 mobile phones is to 5 Simcards.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
___________ is also known as the Implicit GDP Deflator or Implicit Price
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
Independent variable can be seen in the _______________ of the equation.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
Percent Change in (Q/L) = (Percent Change in Q) - (Percent Change in P).
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice
consumers) produced by a nation during a specific period, usually 1 year.
#BAMM-6101
Awesome StudentQuestion • Macroeconomics Theory and Practice