Modules 5, 6, & 2
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| show | M1
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| show | M2
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| Who is the current chairperson of the Federal Reserve? | show 🗑
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| How many districts banks are in the Federal Reserve System? | show 🗑
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| show | Gross Domestic Product
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| What formula is used to calculate GDP? | show 🗑
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| show | 6 months
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| Total amount of goods and services available at all possible price levels | show 🗑
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| show | Medium of exchange
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| show | Unit of accounting
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| Function of money that states money is used to store purchasing power for later use | show 🗑
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| show | Lorenz Curve
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| Which statistics measures the changes in prices over time? | show 🗑
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| show | Cost-push
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| show | Demand-pull
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| At what unemployment rate is the economy considered at full employment? | show 🗑
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| show | It increases
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| The idea that consumers ultimately determine what is produced in a market economy | show 🗑
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| show | Profit
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| Financial market channel fund from... | show 🗑
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| show | Jobs will be lost
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| show | Law of diminishing marginal return
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| show | supply
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| show | demand
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| show | Law of demand
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| show | Law of supply
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| How does an increase in consumer population affect the demand for most products? | show 🗑
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| Two goods that statisfy similar wants or needs are called... | show 🗑
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| show | Demand schedule
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| What is a good example of a complementary good? | show 🗑
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| If the price of salsa rises, what will most likely happen to the demand for tortilla chips? | show 🗑
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| Which of the following most likely has inelastic demand? | show 🗑
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| Minimum wage laws are an example of... | show 🗑
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| show | Supply decreases
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| How does introduction of new technology in the production process typically affect supply? | show 🗑
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