Author: John Bouman

Time limit: 0 Quiz-summary 0 of 10 questions completed Questions: 1 2 3 4 5 6 7 8 9 10 Information This is a ten question multiple-choice quiz covering the material in this Unit. I hope you do well! You have already completed the quiz before. Hence you can not start it again. Quiz is loading... You must sign in or sign up to start the quiz. You have to finish following quiz, to start this quiz: Results 0 of 10 questions answered correctly Your time: Time has elapsed You have reached 0 of 0 points, (0) Categories Not categorized 0% Thank you for completing this quiz. 1 2 3 4 5 6 7 8 9 10 Answered Review Question 1 of 10 1. Question 10 points Business fluctuations are increases and decreases in economic activity as measured by changes in: Real Gross Domestic Product Nominal Gross Domestic Product Unemployment rates Stock market valuations Correct Good job! Incorrect Question 2 of 10 2. Question 10 points According to our text, which group(s) contributed to the 2008/2009 recession? All of the listed groups contributed to the 2008/2009 recession Investment rating agencies The Federal Reserve The Federal government Investment companies, lenders and borrowers (primarily of mortgages) Correct Good job! Incorrect Question 3 of 10 3. Question 10 points According to our text, the Great Depression and the 2008/2009 recession were precipitated...

  Time limit: 0 Quiz-summary 0 of 10 questions completed Questions: 1 2 3 4 5 6 7 8 9 10 Information This is a ten question multiple-choice quiz covering the material in this Unit. I hope you do well! You have already completed the quiz before. Hence you can not start it again. Quiz is loading... You must sign in or sign up to start the quiz. You have to finish following quiz, to start this quiz: Results 0 of 10 questions answered correctly Your time: Time has elapsed You have reached 0 of 0 points, (0) Categories Not categorized 0% Thank you for completing this quiz. 1 2 3 4 5 6 7 8 9 10 Answered Review Question 1 of 10 1. Question 10 points The inflation index that measures price changes of consumer goods and services is called the _____. The inflation index that measures prices changes of producer goods and services is called the _____. A measure of price changes of final goods and services using nominal and real GDP data is called the _____. CPI; PPI; GDP price deflator QPI; BPI; GDP price inflator PPI; CPI; GDP price deflator consumption price deflator; production price deflator; GDP price deflator Correct Good job! Incorrect Question 2 of 10 2. Question 10 points Section 1 of this unit mentions several problems with inflation measures. Which of...

  Time limit: 0 Quiz-summary 0 of 10 questions completed Questions: 1 2 3 4 5 6 7 8 9 10 Information This is a ten question multiple-choice quiz covering the material in this Unit. I hope you do well! You have already completed the quiz before. Hence you can not start it again. Quiz is loading... You must sign in or sign up to start the quiz. You have to finish following quiz, to start this quiz: Results 0 of 10 questions answered correctly Your time: Time has elapsed You have reached 0 of 0 points, (0) Categories Not categorized 0% Thank you for completing this quiz. 1 2 3 4 5 6 7 8 9 10 Answered Review Question 1 of 10 1. Question 10 points When a government spends more during a fiscal year than it receives in income from taxes and other receipts, we have a ___________, whereas if it has more revenue than it spends, we experience a _____________. budget deficit; budget surplus budget surplus; budget deficit trade deficit; trade surplus trade surplus; trade deficit Correct Good job! Incorrect Question 2 of 10 2. Question 10 points Which of the following is correct? The United States and most other industrialized countries : Have run occasional surpluses, but have mostly run budget deficits since the early 1930s. Have never run budget surpluses. Have run occasional...