Quiz Essay

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1.Economics is best defined as the study of A) financial decision-making.B) how consumers make purchasing decisions.C) choices made by people faced with scarcity.D) inflation, unemployment, and economic growth.Points Earned: 0.4/0.4Correct Answer(s): C
2.Scarcity can best be defined as a situation in whichA) there are no buyers willing to purchase what sellers have produced.B) there are not enough goods to satisfy all of the buyers' demand.C) the resources we use to produce goods and services are limited.D) there is more than enough money to satisfy consumers' wants.Points Earned: 0.4/0.4Correct Answer(s): C
3.An arrangement that allows buyers and sellers to exchange things is calledA) a contract.B) a market.C) money.D) efficient.Points …show more content…
Factoriescontinue to expand as China’s economy grows, but the number of uneducated workers is declining and the population of young people is leveling off. Add to these an increased number of people remaining inland,and this leaves coastal regions which specialize in factory production and exports with a large number of job openings.The labor shortages are resulting in wage increases, pushing up costs on Chinese-madeproducts. This could make China less competitive in global markets. Anticipating a continuation of risingcosts for Chinese manufacturing, international manufacturers are already looking at moving factories tocountries with lower costs.The increase in wages is also fueling a growing Chinese middle class. Minimumwages in big cities have grown roughly 25% over the past three years, and infrastructure, housing and retailprojects have started to develop in more rural areas. The number of people going to college has alsoincreased significantly. In 2005, over 14 million

Carbon Footprint Quiz

After doing the carbon footprint quiz I learned that my carbon footprint is 36 tons of CO2 per year. The website also showed that my carbon footprint is 42% better than average. I think that one area I am really good at is housing. Since I pay some of the bills in my house, I always try to make sure we don’t have unnecessary lights on, leave the AC on, or waste water. Whenever we have to go out I make sure all the lights are off and after doing this quiz I learned that this affects my carbon footprint…

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ch1 quiz Essay

Chapter 1 quiz Total Grade: 10 (of possible 15 points) Question 1 of 11 Score: 1 (of possible 1 point) In 1982, 490,000 subjects were asked about their drinking habits. Researchers tracked subjects' death rates until 1991, and found that adults who regularly had one alcoholic drink daily had a lower death rate than those who did not drink. Most of the subjects were middle-class, married, and college-educated. A news headline, reporting the medical study as "Daily Drink Cuts Death!" is:…

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History Quiz

History Quiz Election of 1788 Candidates: * George Washington- President * John Adams- Vice President * John Jay * First time candidate was elected unanimously * Lame Duck Period: sitting president was elected unanimously * Used to be from November->March, not November->January Cabinet * Appointed by Washington * Needed help 1. Department of Treasury- money- Alexander Hamilton 2. Department of War- war- Henry Knox 3. Department of State-…

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Public Health Quiz

I, myself, thought I knew a good majority of the answers to This Is Public Health Toolkit Quiz but there were a few that I completely missed. One question whose answer took me by surprise was about the percentage of Americans who die from a smoke related disease if they continue to smoke. About 50% of the 48 million Americans who smoke will…

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Quiz 1 Essay

Course Prin Of Finance Test Quiz 1 Submitted 10/6/14 12:57 PM Status Completed Attempt Score 38 out of 40 points Question 1 .2 out of 2 points Correct ____________________ in business involves making decisions relating to the efficient use of financial resources in the production and sale of goods and services. Answer Selected Answer: Financial management Correct Answer: Financial management . Question 2 .2 out of 2 points Correct ___________________ are intermediaries…

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Economics Quiz

1. If a checking account has an interest rate of 1% and a Treasury bill has an interest rate of 2%, the opportunity cost of holding the checking account as money is: A) zero. B) 0.02%. C) 1%. D) 2%. 2. The money demand curve is _____ because the opportunity cost of holding money is _____ related to the interest rate. A) downward-sloping; inversely B) downward-sloping; directly C) upward-sloping; inversely D) upward-sloping; directly 3. A decrease in the demand for money would result from: A) a decrease…

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APA Quiz Essay

APA QUIZ 1. The Reference section should start on a separate page under the centered heading References, which does not use bold font. The reference entries should appear in alphabetical order by authors' surname (or by title if works do not list an author) regardless of the type of source (e.g., book, film, journal article, website). A. True According to the APA Quick Reference Guide made by The University of North Carolina School of Social work, the heading styles applied to…

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Dna Quiz

1. Each organism has a unique combination of characteristics encoded in molecules of a. protein. c. carbohydrates. b. enzymes. d. DNA. ANS: D DIF: 1 OBJ: 10-4.1 2. The primary function of DNA is to a. make proteins. b. store and transmit genetic information. c. control chemical processes within cells. d. prevent mutations. ANS: B DIF: 2 OBJ: 10-2.4 3. All of the following are true about the structure of DNA except a. short strands of DNA are contained in chromosomes inside the nucleus of a cell…

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Quiz Questions

UNIT 2 ADDITION, SUBTRACTION, MULTIPLICATION AND DIVISION 1. Which methods of demonstration of numbers is a feature of in large amount of memory than others? a) Sign-magnitude b) 1’s compliment c) 2’s compliment d) None Answer:a 2. Which illustration is most efficient to perform arithmetic operations on the numbers ? a) Sign-magnitude b) 1’s compliment c) 2’S compliment d) None of the above Answer:c Explanation: The two’s compliment form is more suitable to perform arithmetic operations as there…

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Self Quiz 7

Self-quiz 7.1 3) False; Sometimes therapists have to make adjustments to a prefabricated CTS splint to provide the proper support required and fitting to the forearm, wrist, hand, and fingers. 6) False; There are conditions where there are no consistent protocols such as CTS. 8) True; The hypothenar bar on a wrist immobilization orthotic works to keep the wrist in a writing position and prevent the wrist from ulnar deviation. 10) False; a heat gun should never be used during the fabrication…

Words 211 - Pages 1