UMUC ECON 201 Quiz 1 And 2 Latest 2015

Solved quizzes covering fundamental principles of microeconomics and macroeconomics.

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UMUC Econ201 Quiz 1 And 2 Latest 2015Report this Question as InappropriateQuestionQuestion 1 1 / 1 pointMacroeconomic topics do not usually include:a)the profit maximizing decisions of an individual manufacturer.b)economic growth.c)the rate of inflation.d)the rate of unemployment.Question 2 1 / 1 pointWhen nations desire a healthy macroeconomy, they typically focus on three goals, one of thesebeing:a)low inflationb)balanced budgetc)prudent monetary policyd)assuring competition between firmsQuestion 3 1 / 1 pointIfmacroeconomics looks at the economy as a whole, it focuses on which of the following?a)the division of laborb)householdsc)business firmsd)unemployed peopleQuestion 4 0 / 1 pointIn the ______________, households receive goods and services and pay firms for them.

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University

University of Maryland

Course

Econ 201

Subject

Economics

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