Econ Final

what type of uemplyment results from changes in the basic composition of an economy

In the production of candy canes, which component represents capital?

the SEC monitors what economic activity?

under which condition is demand for a product most likely to be price elastic

what would be effect of two major oil nations reducing oil output by 50%

Which public policy alternative is most likely to increase market competition in the US?

Which topic is most central to the sudy of microeconomics?

which financial investment proides equity

which condition indicates that the united states is in a recession

which factor acts as an automatic stabilizer for the us economy

Macreconomics is large economics in the sense that t deals specifically with what topics?

which goods or services are complementary

what to produce how to produces and for whom to produce, which system gives ppl most input

what occurs when a nation exports more goods and services than it imports

If management fails to reach an agreement with a labor union what will happen?

low interest rates in an economy tend to have what effect

when the price of crude oil rises, this maket signal proides an incentive for what action

Inherited resource ownership and a larger # of workers engaging in subsistence farming is?

which statement would political economist adam smith most likely have supported?

For a nation experiencing a serious recession, what action would be most effective?

when quantity demanded of a product is less than the quantity supplied what is the result

why do some governments require minimum standards for goods and services?

form of business organization is least likely to dissolve upon the death of an ownership member

which result is least likely linked to a country's economic growth

what is the primary role of an entrepreneur in a market economy?