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Take a few minutes to answer these brief, self-reflective T\/F questions. You should finish reading Chapter 3 before you attempt this quiz.<\/p>\n"},"progressType":"dots","passPercentage":75,"questions":[{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

Canada and Cuba share the same economic system. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"7af7a39e-11fb-48c4-b089-2f71daaea23b","metadata":{"title":"Canada and Cuba share the same economic system.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

The Canadian government has very little involvement and control in the economy. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"6abf01f3-b9b3-4afe-a5b9-ee9e31f18fb3","metadata":{"title":"The Canadian government has very little involvement and control in the economy.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

When visiting your local farmer\u2019s market, you notice that the farmers are basically selling the same fruits and vegetables, which is known as a monopoly. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"e27ece08-5117-45bf-807a-cff60f13faa7","metadata":{"title":"When visiting your local farmer\u2019s market, you notice that the farmers are basically selling the same fruits and vegetables, which is known as a monopoly.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

The laissez-faire principle helps to ensure that consumers are protected from unsafe products. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"4b93ca8e-1a5a-4d9b-81fc-94e6688b495e","metadata":{"title":"The laissez-faire principle helps to ensure that consumers are protected from unsafe products.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

Examples of companies operating in a perfect competition are Ford and Chrysler. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"d8c51ae7-af31-4138-a4e7-6c163aaaca08","metadata":{"title":"Examples of companies operating in a perfect competition are Ford and Chrysler.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"true","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

If the price of heart-medication were to increase by 15%, it would not adversely affect the demand for the product. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"43cb3aa0-f56f-4da4-bd46-785701ae41e4","metadata":{"title":"If the price of heart-medication were to increase by 15%, it would not adversely affect the demand for the product.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

Fad items such as fidget spinners increase in price when the demand for the product drops. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"a9c23451-5cb0-43a8-82f3-a37288ba8af7","metadata":{"title":"Fad items such as fidget spinners increase in price when the demand for the product drops.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

Regarding the economy, a period of depression and recession are virtually the same thing since both are financial crises. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"6b5efe0f-f96a-465e-a4b7-76a056387f2b","metadata":{"title":"Regarding the economy, a period of depression and recession are virtually the same thing since both are financial crises.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

Citizens do not need to worry about the national debt \u2013 that is the government\u2019s responsibility. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"bcc0dacc-3ff0-4f32-b043-1a269c95795b","metadata":{"title":"Citizens do not need to worry about the national debt \u2013 that is the government\u2019s responsibility.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

When unemployment rates are low, inflation rates are generally low. <\/p>\n"},"library":"H5P.TrueFalse 1.8","subContentId":"a6d32860-2f05-46e1-8a73-70542ce347c1","metadata":{"title":"When unemployment rates are low, inflation rates are generally low.","license":"U","contentType":"True\/False Question"}},{"params":{"media":{"disableImageZooming":false},"correct":"false","behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

If the GDP goes down, that means the economy is improving.<\/p>\n"},"library":"H5P.TrueFalse 1.8","metadata":{"contentType":"True\/False Question","license":"U","title":"If the GDP goes down, that means the economy is improving."},"subContentId":"b06e6ccc-0d26-48ea-b1bc-057e3ed19ae5"},{"params":{"media":{"disableImageZooming":false},"correct":"false","behaviour":{"enableRetry":true,"enableSolutionsButton":true,"enableCheckButton":true,"confirmCheckDialog":false,"confirmRetryDialog":false,"autoCheck":false},"l10n":{"trueText":"True","falseText":"False","score":"You got @score of @total points","checkAnswer":"Check","showSolutionButton":"Show solution","tryAgain":"Retry","wrongAnswerMessage":"Wrong answer","correctAnswerMessage":"Correct answer","scoreBarLabel":"You got :num out of :total points"},"confirmCheck":{"header":"Finish ?","body":"Are you sure you wish to finish ?","cancelLabel":"Cancel","confirmLabel":"Finish"},"confirmRetry":{"header":"Retry ?","body":"Are you sure you wish to retry ?","cancelLabel":"Cancel","confirmLabel":"Confirm"},"question":"

The unemployment rate is not an important indicator of economic health<\/p>\n"},"library":"H5P.TrueFalse 1.8","metadata":{"contentType":"True\/False Question","license":"U","title":"The unemployment rate is not an important indicator of economic health"},"subContentId":"68d756d7-9bd3-4a31-a632-3abd605e6dd3"}],"texts":{"prevButton":"Previous question","nextButton":"Next question","finishButton":"Finish","textualProgress":"Question: @current of @total questions","jumpToQuestion":"Question %d of %total","questionLabel":"Question","readSpeakerProgress":"Question @current of @total","unansweredText":"Unanswered","answeredText":"Answered","currentQuestionText":"Current question"},"disableBackwardsNavigation":false,"randomQuestions":true,"endGame":{"showResultPage":true,"showSolutionButton":true,"noResultMessage":"Finished","message":"Your result:","overallFeedback":[{"from":0,"to":100}],"solutionButtonText":"Show solution","retryButtonText":"Retry","finishButtonText":"Finish","showAnimations":false,"skippable":false,"skipButtonText":"Skip video","showRetryButton":true},"override":{"checkButton":true}}

Remixed Economics Quiz

Katie Burton