Econ 102 quiz - Study guides, Class notes & Summaries
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1. What is the primary goal of financial management? 
A) Increased earnings 
B) Maximizing cash flow 
C) Maximizing shareholder wealth 
D) Minimizing risk of the firm 
2. The partnership form of organization 
A) avoids the double taxation of earnings and dividends found in the corporate form of 
organization. 
B) usually provides limited liability to the partners. 
C) has unlimited life. 
D) simplifies decision making. 
3. Increased productivity ...
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Econ 102 quiz 4
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Econ 102 quiz 4 
Question 1 of 10 10.0/ 10.0 Points 
The supply of money in the U.S. economy is determined primarily by 
A. decisions made by the Federal Reserve and the U.S. Treasury. 
 
B. the actions of the Federal Reserve and the banking system. 
 
C. consumers and the banking system. 
 
 D. the demand for money in the economy. 
Answer Key: B 
Question 2 of 10 10.0/ 10.0 Points 
One of the essential functions that a bank performs is 
A. purchasing government bonds. 
 
B. creating deposits by...
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Econ 102 Quiz 4 (ANSWERED)
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macroeconomics - Correct Answer -study of an entire economy 
-less theoretical than micro 
-more empirical 
-aka business economics 
 
two main goals of macroeconomics - Correct Answer -measure the health of the overall economy 
-fix problems when they arise 
 
three macroeconomic goals that all countries have - Correct Answer -consistent economic growth (GDP) 
-low unemployment 
-stable prices (low inflation) 
 
GDP - Correct Answer -the dollar value of all final goods and services produce...
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ECON 102 MICRO ECONOMICS Lesson 02 Quiz Latest Update 2023 Questions and Answers 100% Correct Highly Recommended Download to Score A
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ECON 102 MICRO ECONOMICS Lesson 02 Quiz Latest 
Update 2023 Questions and Answers 100% Correct 
Highly Recommended Download to Score A
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Econ 102 QUIZ 1-8
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ECON 102 Quiz 8 Study Guide with Answers

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ECON 102 Quiz 7

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Econ 102 quiz 6

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ECON 102 Quiz 5 Study Guide with Answers

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Econ 102 quiz 4

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Econ 102 quiz 3

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Econ 102 quiz 2

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ECON 10
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Econ 102 quiz 5
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Econ 102 quiz 5. Technological progress occurs when the economy gets more output 
A. without any more capital or labor. 
 
B. by using more capital per worker. 
 
C. by using more capital but not more workers. 
 
D. by using more labor but not more capital. 
Answer Key: A 
Question 2 of 10 10.0/ 10.0 Points 
If a firm increases its use of capital while holding constant the number of workers employed, the firm 
is said to experience 
A. capital augmentation. 
 
B. investment deepening. 
 
C. labo...
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS.
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS. Business cycles are 
A. movements in stock prices. 
 
B. the transfer of executives between firms. 
 
C. used to describe fluctuations in GDP. 
 
D. a description of the time required to bring a new product to market. 
Answer Key: C 
Question 2 of 10 10.0/ 10.0 Points 
Economists define the unemployed as individuals who are 
 A. not currently working. 
 
 B. not currently working but are actively looking for work. 
 
 C. working but looking for a different ...
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2022
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1. What is the primary goal of financial management? 
A) Increased earnings 
B) Maximizing cash flow 
C) Maximizing shareholder wealth 
D) Minimizing risk of the firm 
2. The partnership form of organization 
A) avoids the double taxation of earnings and dividends found in the corporate form of 
organization. 
B) usually provides limited liability to the partners. 
C) has unlimited life. 
D) simplifies decision making. 
3. Increased productivity due to tech...
-
ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2022
-
- $9.49
- + learn more
ECON 102 QUIZ 1 QUESTIONS AND ANSWERS 
1. What is the primary goal of financial management? 
A) Increased earnings 
B) Maximizing cash flow 
C) Maximizing shareholder wealth 
D) Minimizing risk of the firm 
2. The partnership form of organization 
A) avoids the double taxation of earnings and dividends found in the corporate form of 
organization. 
B) usually provides limited liability to the partners. 
C) has unlimited life. 
D) simplifies decision making. 
3. Increased productivity due to tech...
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