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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Unit 2 Self-Quiz

Unit 2 Self-Quiz

Q 1.How can you measure the quantity of labor? 2.A increase in demand changes in the financial market tol lead a decline in interest rates. 3.Goods that are often used together so that consumption of one good tends to enhance consumption of the other is called . 4.What is another term for minimum wage? 5.A demand curve is . Select one:

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1. a. Number of hours b. Number of workers c. All the above 2. b. False 3. b. Complements 4. b. Living wage 5. c. a graphic representation of the relationship between price and quantity demanded of a certain good or service, with quantity on the horizontal axis and the price on the vertical axis