THE ECONOMICS QUIZ
- Created by: Adam Daniel
- Created on: 01-05-13 17:14
Other questions in this quiz
2. What is NOT a likely cause of Economic Growth?
- Higher Prices
- More Innovations
- Developing Better Technology
3. What is Economic Policy?
- When the government attempts to influence the economy to improve economic performance
- When the government attempts to have no influence in the economy to help improve economic performance
- When businesses attempt to influence the economy to improve economic performance
4. What is a Monopoly?
- When a market is controlled by the government
- When a company has some degree of control over the market
- When a company is the only company in the market
5. What is Government Regulation?
- When the activities of big businesses are controlled by the government to encourage competitive behaviour
- When the activities of big businesses are controlled by the government to prevent anti competitive behaviour
- When the activities of big businesses are controlled by each other to prevent anti competitive behaviour
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