{"id":307,"date":"2018-06-13T04:37:20","date_gmt":"2018-06-13T04:37:20","guid":{"rendered":"http:\/\/blogs.vsb.bc.ca\/tquan\/?page_id=307"},"modified":"2021-02-10T16:57:46","modified_gmt":"2021-02-10T16:57:46","slug":"chapter-answer-keys","status":"publish","type":"page","link":"https:\/\/blogs.vsb.bc.ca\/tquan\/economics-12\/chapter-answer-keys\/","title":{"rendered":"Chapter Answer Keys"},"content":{"rendered":"<p><strong>Chapter 1 &#8211; The Role and Method of Economics<\/strong><\/p>\n<p>Section 1.1 and 1.2<\/p>\n<p>Section 1.3 and 1.4<\/p>\n<p>Section 1.5 and 1.6<\/p>\n<p>Section 1.7 and 1.8<\/p>\n<p><strong>Chapter 2 &#8211;\u00a0<span style=\"background-color: #ffffff;font-size: 1.066em;line-height: 1.5\">Scarcity, Trade-offs, and Production Possibilities<\/span><\/strong><\/p>\n<p><span style=\"line-height: 1.5\">Section 2.1 and 2.2<\/span><\/p>\n<p>Section 2.3<\/p>\n<p>Section 2.4<\/p>\n<p><strong>Chapter 3 &#8211; Supply and Demand<\/strong><\/p>\n<p>Section 3.1 &#8211; Markets<\/p>\n<p>Section 3.2 &#8211; Demand<\/p>\n<p>Section 3.3 &#8211;\u00a0Shifts in the Demand Curve<\/p>\n<p>Section 3.4- Supply<\/p>\n<ul>\n<li>Please ensure that you label all graphs. Supply curves can be denoted by the letter &#8220;S&#8221;<\/li>\n<\/ul>\n<p>Section 3.5 &#8211; Shifts in the Supply Curve<\/p>\n<p><strong>Chapter 4 &#8211; Bringing Supply and Demand Together<\/strong><\/p>\n<p>Section 4.1 &#8211; Market Equilibrium and Price<\/p>\n<p>Section 4.2 &#8211; Changes in Equilibrium Price and Quantity<\/p>\n<ul>\n<li>key-section-4.2-questions-1-6.pdf<\/li>\n<li>Questions 7 and 8<\/li>\n<\/ul>\n<p>Section 4.3 &#8211; Price Controls<\/p>\n<p><strong>Chapter 5 &#8211; Introduction to the Macroeconomy<\/strong><\/p>\n<p>Section 5.1 &#8211; Macroeconomic Goals<\/p>\n<p>Section 5.2 &#8211; Employment and Unemployment<\/p>\n<p>Section 5.3 &#8211; Different Types of Unemployment<\/p>\n<p>Section 5.4 &#8211; Inflation<\/p>\n<p>Section 5.5 &#8211; Economic Fluctuations<\/p>\n<p><strong>Chapter 6 &#8211; Measuring Economic Performance<\/strong><\/p>\n<p>Section 6.1 &#8211; National Income Accounting: Measuring Economic Performance<\/p>\n<p>Section 6.2 &#8211; The expenditure Approach to Measuring GDP<\/p>\n<p>Section 6.3 &#8211;<\/p>\n<p>Section 6.4 &#8211;\u00a0<span style=\"line-height: 1.5\">Issues with calculating an accurate GDP<\/span><\/p>\n<p><span style=\"line-height: 1.5\">Section 6.5 &#8211; Problems with GDP as a measure of economic welfare<\/span><\/p>\n<p><strong><span style=\"line-height: 1.5\">Chapter 7 &#8211; Economic Growth in the Global Economy<\/span><\/strong><\/p>\n<p>Section 7.1 &#8211; Economic Growth<\/p>\n<p>Section 7.2 &#8211; Determinants of Economic Growth<\/p>\n<p>Section 7.3 &#8211; Public Policy and Economic Growth<\/p>\n<p>Section 7.4 &#8211; Population and Economic Growth<\/p>\n<p><strong>CHAPTER 11: MONEY AND THE BANKING SYSTEM<\/strong><\/p>\n<p>Section 11.1 What is money?<\/p>\n<p>Section 11.2 Measuring Money<\/p>\n<p>Section 11.3 How Banks Create Money<\/p>\n<p><span style=\"line-height: 1.5\">Section 11.4 The Money Multiplier<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chapter 1 &#8211; The Role and Method of Economics Section 1.1 and 1.2 Section 1.3 and 1.4 Section 1.5 and 1.6 Section 1.7 and 1.8 Chapter 2 &#8211;\u00a0Scarcity, Trade-offs, and Production Possibilities Section 2.1 and 2.2 Section 2.3 Section 2.4 &hellip; <a href=\"https:\/\/blogs.vsb.bc.ca\/tquan\/economics-12\/chapter-answer-keys\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":75,"featured_media":0,"parent":181,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-307","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages\/307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/comments?post=307"}],"version-history":[{"count":72,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages\/307\/revisions"}],"predecessor-version":[{"id":1088,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages\/307\/revisions\/1088"}],"up":[{"embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages\/181"}],"wp:attachment":[{"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/media?parent=307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}