ECON 312 ECON312 ECON/312 Midterm
(TCO 3) Which market model assumes the least number of firms in an industry?
(TCO 3) Local electric or gas utility companies mostly operate in which market model?
(TCO 3) The steel and automobile industries would be...
ECON 312 Midterm New
(TCO 1) What is the economic meaning of the expression that "There is no such thing as a free lunch?"
(TCO 1) Henry wants to buy a book. The economic perspective suggests that Henry will buy the book if
(TCO 1) The law of...
ECON 312 Week 1 Quiz
(TCO 1) The general concern of economics is with the study of the
(TCO 1) The basic economic problem is essentially one of deciding how to make the best use of
(TCO 1) Are the goods that businesses offer for "free" to...
ECON 312 Week 2 Quiz
(TCO 2) Economists use the term "demand" to refer to
(TCO 2) Which of the following will not cause the demand for product K to change?
(TCO 2) Which of the following is most likely to be an inferior good?
ECON 312 Week 3 Quiz
(TCO 3) Which of the following constitutes an implicit cost to the Johnston Manufacturing Company?
(TCO 3) The short run is characterized by
(TCO 3) Which of the following industries most closely approximates pure...
ECON 312 Week 5 Quiz
(TCO 6) Discretionary fiscal policy refers to
(TCO 6) Suppose that the economy is in the midst of a recession. Which of the following policies would most likely end the recession and stimulate output growth?
(TCO 6) The...
ECON 312 Week 6 Quiz
(TCO 7) If you place a part of your summer earnings in a savings account, you are using money primarily as a
(TCO 7) Currency held in the vault of First National Bank is
(TCO 7) Answer the question on the basis of the...
ECON 312 Week 7 Quiz
(TCO 8) Specialization and trade between individuals or between nations lead to:
(TCO 8) The World Trade Organization
(TCO 9) Which of the following is not included in the current account of a nation's balance of payments?