Economics: Micro and Macroeconomics
10 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What does microeconomics primarily analyze?

  • Macroeconomic indicators
  • Government policies and regulations
  • International trade agreements
  • Individual agents and markets (correct)

In economics, what does normative economics advocate?

  • "What should have been"
  • "What is"
  • "What could be"
  • "What ought to be" (correct)

Where can economic analysis be applied?

  • Sports, entertainment, and fashion
  • Music, art, and literature
  • Agriculture, forestry, and fishing
  • Business, finance, and government (correct)

What does macroeconomics analyze in the economy?

<p>Production, consumption, saving, and investment interactions (A)</p> Signup and view all the answers

What are the broad distinctions within economics?

<p>Positive economics and normative economics (B)</p> Signup and view all the answers

According to Thucydides, what virtues did civic education aim to instill in Spartans?

<p>Toughness, obedience, cunning, simplicity, and preparedness (D)</p> Signup and view all the answers

What did Archidamus II emphasize as the basis for Spartan wisdom?

<p>Education with too little learning to despise the laws and with severe self-control to obey them (D)</p> Signup and view all the answers

What approach did Spartans take in preparing against an enemy?

<p>Basing preparations on the assumption that the enemy's plans are good (D)</p> Signup and view all the answers

According to Archidamus II, where should Spartan hopes be rested?

<p>On the soundness of their provisions rather than a belief in enemy blunders (C)</p> Signup and view all the answers

What did Archidamus II teach Spartans about their enemies' schemes?

<p>To consider that the schemes of their enemies are not dissimilar to their own (D)</p> Signup and view all the answers
Use Quizgecko on...
Browser
Browser