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ECO 372 Week 1 Knowledge Check
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ECO 372 Week 1 Knowledge Check

This Tutorial was purchased 3 times & rated A by student like you.

 

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1.The two frameworks conventional economists generally use to analyze macroeconomic issues are

2.The relationship between real and nominal interest rate can be expressed by

3.Which of the following economic activities would be included in the U.S. domestic gross product (GDP)?

4.Cyclical unemployment is defined as unemployment that results from

5.The longest business cycle expansion in U.S. history occurred in the 10 years from

6.Economics is the study of how

7.Given that diesel cars get much better gas mileage than the typical car, an increase in the price of gasoline would be expected to

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