MIE 201 Study Guide - Quiz Guide: Equilibrium Point, Economic And Technological Development Zones, Academi

• School: NCSU
• Department: Management Innovation Entrepreneurship
• Course: MIE 201
• Professor: Deb Brown

Document Summary

1 a. the quantity that the sellers are willing to supply rises with increase in price a. movement along the supply curve typically slopes upward: as prices rise, the quantity that sellers are willing to supply also rises. Similarly, as prices decline, the quantity that sellers are willing to supply declines. 1 a. producer price index (ppi) a. the producer price index (ppi) measures price at the producer or wholesaler level, reflecting what businesses are paying for the products they need. They can also move in the opposite direction, privatizing services once performed by the government by allowing private businesses to perform them instead. The u. s. government"s use of blackwater security consulting, a military security company, to guard officials and military installations in iraq is an example of ________. a. b. c. d. e. communism socialization nationalization capitalization privatization. The unemployment resulting because of this phenomenon is known as ________ unemployment. a. b. c. d. e. intrinsic structural cyclical frictional seasonal.