Macroeconimics final

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0 [{"id":92463,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 17:17:05","updated_at":"2016-08-04 01:55:45","questionName":"Copper and Aluminum are the two bestb electrical conductors among inexpensively produced metals, and thus are substitutes. Soppose copper workers unionize and secure and extremely large wage increase. One would expect the equilibrium price of copper to _?_ and the equilibrium aluminum to _?_.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":11,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92450,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 16:30:49","updated_at":"2016-08-04 01:55:45","questionName":"Which of the following four statements is false","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":3,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92458,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 17:02:42","updated_at":"2016-08-04 01:55:45","questionName":"which of the following four statements is false?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":9,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92447,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 16:16:20","updated_at":"2016-08-04 01:55:45","questionName":"In the U.S. today, government and the internal structure of large companies are examples of _?_, while the fsmily is an example of _?_. In general, activities organized on the basis of reciprocity are being replaced by _?_ relationships.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":0,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92452,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 16:38:37","updated_at":"2016-08-04 01:55:45","questionName":"Microeconimic models try to fine the outcome that occurs when behave _?_. This outcome is called _?_.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":5,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92467,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 17:32:03","updated_at":"2016-08-04 01:55:45","questionName":"When refineries extract fuel oil from petroleum, gasoline is pr4oduced as a by product. Fuel oil is used for heating, especially in cold arease such as New England. If there is an unusually cold winter in New England, one would expect the price of oil to _?_ and the price of _gasoline to _?_.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":14,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92451,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 16:34:57","updated_at":"2016-08-04 01:55:45","questionName":"the typical _?_ has about _?_ members.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":4,"explanation":"\"band\" in foraging societies, 25; \"intimacy group\", 11; \"Z-tribe\" in foraging societies, 500","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92454,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 16:54:25","updated_at":"2016-08-04 01:55:45","questionName":"The law of supply makes an assumption about the self-interested behaviour of _?_. It says that as price _?_, the quanity supplied _?_\/","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":7,"explanation":"Buyers: p ^ q decreases, p decreases q ^; Sellers p ^ q ^, p decreases q decreases","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92456,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 16:59:24","updated_at":"2016-08-04 01:55:45","questionName":"If a just released FDA study were to conclude that coffee causes caber, then one would expect the equilibrium price od coffee to _?_, and the equilibrium quanity of coffee to _?_. Commodities trades specializing in coffee would rush to _?_ coffee.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":8,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92449,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 16:26:54","updated_at":"2016-08-04 01:55:45","questionName":"As societies grow larger, it becomes difficult for one individual to assess the contributions made by all other individuals in the group, making it possible for people to benefit from group resources withoput contributing anything. Economist call this _?_, and this phenomenon is responsible for the reduced importance of _?_ in large social groups","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":2,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92453,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 16:41:56","updated_at":"2016-08-04 01:55:45","questionName":"In the circular flow diagram, _?_ is (are) a flow of money, flowing from _?_ to _?_.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":6,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92459,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 17:12:17","updated_at":"2016-08-04 01:55:45","questionName":"Algeria possesses ab excellent climate for growing wine grapes, butmost Algerians are strict Moslems who do not consume alcoholic beverages. Denmark's climate is unsuitable for growing grapes, but its people enjoy drinking wine. ONe would expect, then, that the price of wine would be higher in _?_, and that _?_ would export wine to _?_. The international trade in wine would _?_ the price differential between the two countries.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":10,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92466,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 17:28:06","updated_at":"2016-08-04 01:55:45","questionName":"Kiwi fruit is originally from China (the \"Chinese Gooseberry\") but was first used as an internationally traded commercial crop in New Zealand. In recent years, Kiwi wines have been established on farms in Chile, Mexico, and California. One might expect, then the equilibrium price of Kiwi to _?_, and the equilibrium quanity of Kiwi fruit to _?_.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":13,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92468,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 17:39:34","updated_at":"2016-08-04 01:55:45","questionName":"Suppose that an agrochemical firm develops an herbicide-resistant strain of maze. A crop can now be planted on land that has been sprayed with herbicide, and the crop will grow without any need for weeding. Yeilds will now probably be higher (less consuption from weeds) and the cose of production will be lower (less time and money spect on dealing with weeds). As a result, the equilibrium price of maize should _?_ and the equilibrium quanity of maize should _?_.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":15,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":92465,"quiz_id":"6571","answer_id":null,"answerType_id":"0","created_at":"2016-08-03 17:21:59","updated_at":"2016-08-04 01:55:45","questionName":"A frost in the coffee-growing regions of Brazil will lead to a reduced crop. This will cause the equilubrium price of tea to _?_ and the equilibrium quanity of tea to _?_.","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":12,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null}]
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Copper and Aluminum are the two bestb electrical conductors among inexpensively produced metals, and thus are substitutes. Soppose copper workers unionize and secure and extremely large wage increase. One would expect the equilibrium price of copper to _?_ and the equilibrium aluminum to _?_.

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