RLE 85 Chap 3 Midterm Prep

RLE 85 Chap 3 Midterm Prep

Assessment

Flashcard

Other

University

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

23 questions

Show all answers

1.

FLASHCARD QUESTION

Front

A market change in a consistent direction over a period of time is referred to as an economic

Back

trend.

2.

FLASHCARD QUESTION

Front

All of the following are components of GDP EXCEPT: net exports, investment spending, government spending, medical care spending.

Back

medical care spending.

3.

FLASHCARD QUESTION

Front

In a business cycle, the period between two peaks is referred to as

Back

a duration.

4.

FLASHCARD QUESTION

Front

Economic indicators that reflect the present state of an economy are referred to as which of the following?

Back

Coincident

5.

FLASHCARD QUESTION

Front

The consumer price index (CPI) is a statistical measure of the average change in the prices paid by consumers for

Back

a fixed market basket of goods and services.

6.

FLASHCARD QUESTION

Front

The performance of how many companies are measured by the Dow-Jones Industrial Average?

Back

30

7.

FLASHCARD QUESTION

Front

The term service refers to material things that are perceived to have monetary or

Back

exchange value.

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?