Macroeconomics Study Guide

8 Questions | Attempts: 208
Share
Quiz Flashcard
Please wait...
Question 1 / 8
0 %
0/100
Score 0/100
1. What do you call the object/s that must be given up to obtain something else?
Submit
Please wait...
About This Quiz
Macroeconomics Study Guide - Quiz

Are you a macroeconomics student? Do you have an upcoming quiz to study for? Take this quiz to find out whether you have the basics down or not.

Tell us your name to personalize your report, certificate & get on the leaderboard!
2. Surplus shows 
Submit
3. The demand curve shows the relationship between the_______ and _______
Submit
4. How is an average cost calculated?
Submit
5. The income effect says lower prices _______ the purchasing power of buyers' income money.
Submit
6. The law of demand states that as price _______, quantity demanded _______ and vice versa. 
Submit
7. Marginal cost is the change in ______ of an activity resulting from an increase from one unit 
Submit
8. Which of the following is NOT a way to increase the PPC?
Submit
View My Results

Quiz Review Timeline (Updated): Oct 12, 2016 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Oct 12, 2016
    Quiz Edited by
    ProProfs Editorial Team
  • Feb 13, 2016
    Quiz Created by
    Dupe7303
Cancel
  • All
    All (8)
  • Unanswered
    Unanswered ()
  • Answered
    Answered ()
What do you call the object/s that must be given up to obtain...
Surplus shows 
The demand curve shows the relationship between the_______ and _______
How is an average cost calculated?
The income effect says lower prices _______ the purchasing power of...
The law of demand states that as price _______, quantity demanded...
Marginal cost is the change in ______ of an activity resulting from an...
Which of the following is NOT a way to increase the PPC?
Alert!

Advertisement