Units of Measurement Price MCQs 1246 to 1250

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Units of Measurement Price MCQs

  1. Which of the following is primarily determined by the behavior of money prices but not relative prices?
  2. Which of the following best describes the units of measurement of the money price of bananas?
  3. Which of the following best describes the units of measurement of the relative price of a pound of bananas in terms of gallons of gasoline?
  4. The relative price of houses in terms of hours of labor will surely increase if:
  5. Which of the following transactions would not enter the circular flow of transactions between households and firms?

Quiz with Answers

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Economics 1246-1250

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1 / 5

Which of the following is primarily determined by the behavior of money prices but not relative prices?

2 / 5

Which of the following best describes the units of measurement of the money price of bananas?

4 / 5

The relative price of houses in terms of hours of labor will surely increase if:

5 / 5

Which of the following transactions would not enter the circular flow of transactions between households and firms?

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Units of Measurement Price MCQs
Units of Measurement Price MCQs

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