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Georgia Milestones - Economics/Business/Free Enterprise EOC: Test Prep & Practice

Course Summary

Access this course to ensure you're prepared for the Georgia Milestones Economics/Business/Free Enterprise EOC exam. This study guide will help you go over the various topics covered by the test.
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31 Chapters in Georgia Milestones - Economics/Business/Free Enterprise EOC: Test Prep & Practice

31 chapters in Georgia Milestones - Economics/Business/Free Enterprise EOC: Test Prep & Practice

Ch 1. Georgia Milestones: Introduction to Economics {{cp.topicAssetIdToProgress[138373].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - What is Economics? - Definition & Types Score: {{cp.lessonAssetIdToProgress[12279].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12279].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Microeconomics vs. Macroeconomics Score: {{cp.lessonAssetIdToProgress[21537].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[21537].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Economic Needs and Wants: Definition & Concept Score: {{cp.lessonAssetIdToProgress[7912].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7912].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What Is the Economic Man? - Concept, Assumptions & Constraints Score: {{cp.lessonAssetIdToProgress[21535].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[21535].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Importance of Consumer Choice in Economics Score: {{cp.lessonAssetIdToProgress[21532].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[21532].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Microeconomic Resources: Scarcity & Utility Score: {{cp.lessonAssetIdToProgress[21533].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[21533].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Understanding the Challenge of Resource Allocation Score: {{cp.lessonAssetIdToProgress[21534].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[21534].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Common Logic Pitfalls in Economics Score: {{cp.lessonAssetIdToProgress[21536].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[21536].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Comparing Normative & Positive Economics Score: {{cp.lessonAssetIdToProgress[21538].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[21538].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - An Overview of Economic Models & Uses Score: {{cp.lessonAssetIdToProgress[43159].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[43159].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Economic Incentives: Definition & Examples Score: {{cp.lessonAssetIdToProgress[7904].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7904].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - Production Possibilities Curve: Definition & Examples Score: {{cp.lessonAssetIdToProgress[15696].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15696].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - Marginal Benefit in Economics: Definition & Example Score: {{cp.lessonAssetIdToProgress[15852].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15852].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Consumer Goods: Definition, Types & Examples Score: {{cp.lessonAssetIdToProgress[7897].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7897].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Economic Scarcity and the Function of Choice Score: {{cp.lessonAssetIdToProgress[1912].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1912].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Opportunity Cost: Definition & Real World Examples Score: {{cp.lessonAssetIdToProgress[1913].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1913].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - How to Calculate Opportunity Cost Score: {{cp.lessonAssetIdToProgress[1914].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1914].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Applying the Production Possibilities Model Score: {{cp.lessonAssetIdToProgress[1915].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1915].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Shifts in the Production Possibilities Curve Score: {{cp.lessonAssetIdToProgress[1916].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1916].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Factors of Production: Definition & Examples Score: {{cp.lessonAssetIdToProgress[48233].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48233].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Using the Production Possibility Curve to Illustrate Economic Conditions Score: {{cp.lessonAssetIdToProgress[48234].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48234].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Allocation Strategies: Definition & Examples Score: {{cp.lessonAssetIdToProgress[138375].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[138375].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Who Is the Consumer in Microeconomics? Score: {{cp.lessonAssetIdToProgress[32911].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32911].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Utility Maximization: Budget Constraints & Consumer Choice Score: {{cp.lessonAssetIdToProgress[32912].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32912].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Understanding the Individual Demand Curve Score: {{cp.lessonAssetIdToProgress[32913].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32913].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Factors that Affect the Market Demand Curve Score: {{cp.lessonAssetIdToProgress[32914].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32914].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Substitution & Income Effects: Impacts on Supply & Demand Score: {{cp.lessonAssetIdToProgress[32915].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32915].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Normal & Inferior Goods in Microeconomics Score: {{cp.lessonAssetIdToProgress[32916].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32916].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Indifference Curves: Use & Impact in Economics Score: {{cp.lessonAssetIdToProgress[32920].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32920].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Marginal Rate of Substitution: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[32921].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32921].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - The Indifference Curve for Substitutes & Complements in Economics Score: {{cp.lessonAssetIdToProgress[32922].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32922].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Economics Assumptions about the Maximization of Utility Score: {{cp.lessonAssetIdToProgress[32923].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32923].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - The Concept of Ceteris Paribus in Economics Score: {{cp.lessonAssetIdToProgress[22951].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22951].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Market Supply & Demand Schedules Score: {{cp.lessonAssetIdToProgress[42919].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[42919].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Understanding the Demand Curve in Microeconomics Score: {{cp.lessonAssetIdToProgress[22952].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22952].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Supply Curve in Microeconomics Score: {{cp.lessonAssetIdToProgress[22953].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22953].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Law of the Downward Sloping Demand Curve Score: {{cp.lessonAssetIdToProgress[1925].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1925].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - The Upward-Sloping Supply Curve Score: {{cp.lessonAssetIdToProgress[1926].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1926].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Causes of Supply and Demand Changes in Microeconomics Score: {{cp.lessonAssetIdToProgress[22954].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22954].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Identifying Shortages and Surpluses in Microeconomics Score: {{cp.lessonAssetIdToProgress[22956].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22956].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Microeconomic Shifts in Supply and Demand Curves Score: {{cp.lessonAssetIdToProgress[22957].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22957].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Using Market Forces to Manipulate Supply and Demand Score: {{cp.lessonAssetIdToProgress[22958].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22958].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Market Equilibrium from a Microeconomics Perspective Score: {{cp.lessonAssetIdToProgress[22955].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22955].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - How to Calculate Market Equilibrium Score: {{cp.lessonAssetIdToProgress[1927].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1927].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - How Changes in Supply and Demand Affect Market Equilibrium Score: {{cp.lessonAssetIdToProgress[2362].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2362].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Price Ceilings and Price Floors in Microeconomics Score: {{cp.lessonAssetIdToProgress[22959].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22959].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Controlling Supply: Government Intervention & Market Forces Score: {{cp.lessonAssetIdToProgress[22960].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22960].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Price Elasticity: Understanding Supply and Demand Score: {{cp.lessonAssetIdToProgress[1586].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1586].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Price Elasticity of Demand in Microeconomics Score: {{cp.lessonAssetIdToProgress[22961].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22961].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Cross Price Elasticity of Demand: Definition and Formula Score: {{cp.lessonAssetIdToProgress[22962].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22962].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Income Elasticity of Demand in Microeconomics Score: {{cp.lessonAssetIdToProgress[22963].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22963].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Price Elasticity of Supply in Microeconomics Score: {{cp.lessonAssetIdToProgress[22964].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[22964].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Price Skimming: Definition, Examples & Strategy Score: {{cp.lessonAssetIdToProgress[9534].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9534].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Understanding Socialism, Communism, and Mixed Economies: Comparison & Analysis Score: {{cp.lessonAssetIdToProgress[12282].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12282].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Types of Economic Systems: Traditional, Command, Market & Mixed Score: {{cp.lessonAssetIdToProgress[39597].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[39597].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Market System in Economics: Definition, Characteristics & Advantages Score: {{cp.lessonAssetIdToProgress[15672].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15672].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Production in Traditional, Market, Command & Mixed Economic Systems Score: {{cp.lessonAssetIdToProgress[48442].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48442].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Free Market: Definition, Advantages & Examples Score: {{cp.lessonAssetIdToProgress[15699].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15699].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Competition Within Free Markets: Types & Summary Score: {{cp.lessonAssetIdToProgress[12281].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12281].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Capitalism and the Free Market: Definition & Limitations Score: {{cp.lessonAssetIdToProgress[12280].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12280].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Economic Goals for the US Economy Score: {{cp.lessonAssetIdToProgress[38225].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[38225].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - The United States' Market Economy Impact on Its Regions Score: {{cp.lessonAssetIdToProgress[51600].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[51600].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Role of Government in a Market Economy Score: {{cp.lessonAssetIdToProgress[38226].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[38226].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Market Failure: Definition & Causes Score: {{cp.lessonAssetIdToProgress[48239].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48239].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Government Fiscal Policies: Goals and Influence Score: {{cp.lessonAssetIdToProgress[38227].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[38227].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Government Intervention in the Economy: Issues & Factors Score: {{cp.lessonAssetIdToProgress[38228].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[38228].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Principles and Systems of Taxation Score: {{cp.lessonAssetIdToProgress[38229].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[38229].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Types of Taxes & the US Tax Code: Impact on Microeconomics Score: {{cp.lessonAssetIdToProgress[37362].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37362].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Anti-Trust Legislation in the US: History & Impact on the Economy Score: {{cp.lessonAssetIdToProgress[37363].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37363].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Governmental Regulation & Deregulation of the Economy Score: {{cp.lessonAssetIdToProgress[37364].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37364].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Trade Barriers: Impacts on Prices & Demand Score: {{cp.lessonAssetIdToProgress[37361].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37361].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - How the Government Uses Taxes & Subsidies Score: {{cp.lessonAssetIdToProgress[31563].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[31563].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - What is an Entrepreneur? - Definition, Characteristics & Examples Score: {{cp.lessonAssetIdToProgress[12720].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12720].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Perfect Competition in Economics & Adam Smith's 'Invisible Hand' Score: {{cp.lessonAssetIdToProgress[37347].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37347].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What is a Monopoly in Economics? - Definition & Impact on Consumers Score: {{cp.lessonAssetIdToProgress[37348].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37348].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Understanding Monopolistic Competition in Economics Score: {{cp.lessonAssetIdToProgress[37349].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37349].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What is an Oligopoly? - Definition & Impact on Consumers Score: {{cp.lessonAssetIdToProgress[37350].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37350].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Pure Competition: Definition, Characteristics & Examples Score: {{cp.lessonAssetIdToProgress[17650].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[17650].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Specialization in Economics: Definition & Concept Score: {{cp.lessonAssetIdToProgress[7918].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7918].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - An Overview of Major Economic Powers of the World Score: {{cp.lessonAssetIdToProgress[37351].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37351].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Understanding a Command System in Economics Score: {{cp.lessonAssetIdToProgress[37352].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37352].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - What is Game Theory? - Explanation & Application in Economics Score: {{cp.lessonAssetIdToProgress[37353].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37353].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Nash Equilibrium & Game Theory Score: {{cp.lessonAssetIdToProgress[37354].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37354].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Entrepreneurship & the Economy: Definition & Importance Score: {{cp.lessonAssetIdToProgress[13951].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13951].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - What Is a Business Organization? - Structure, Types & Examples Score: {{cp.lessonAssetIdToProgress[8760].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[8760].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Organizational Structure & Ownership of a Business Score: {{cp.lessonAssetIdToProgress[56883].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[56883].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What is a Sole Proprietorship? - Definition, Advantages, Disadvantages & Examples Score: {{cp.lessonAssetIdToProgress[12713].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12713].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Basics of Partnerships: Types & Examples Score: {{cp.lessonAssetIdToProgress[12714].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12714].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Corporations: Types, Advantages, Disadvantages & Examples Score: {{cp.lessonAssetIdToProgress[12715].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12715].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - The Basics of LLCs: Limited Liability Companies Score: {{cp.lessonAssetIdToProgress[13049].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13049].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Franchises: Opportunities and Challenges Score: {{cp.lessonAssetIdToProgress[12717].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12717].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - The Role of Cooperatives in Business Score: {{cp.lessonAssetIdToProgress[12718].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12718].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Business Cycle Peak: Definition & Overview Score: {{cp.lessonAssetIdToProgress[10211].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10211].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - The Seven Steps of Decision Making Score: {{cp.lessonAssetIdToProgress[14578].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[14578].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Principle of Rational Choice in Economics: Theory & Analysis Score: {{cp.lessonAssetIdToProgress[15690].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15690].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Intuitive Decision Making in Business and Management Score: {{cp.lessonAssetIdToProgress[8840].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[8840].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Trade-Offs in Economics: Definition & Examples Score: {{cp.lessonAssetIdToProgress[15805].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15805].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - How to Calculate Economic Profit: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15684].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15684].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Implicit Costs: Definition & Examples Score: {{cp.lessonAssetIdToProgress[15717].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15717].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Explicit Costs: Definition & Examples Score: {{cp.lessonAssetIdToProgress[48241].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48241].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - What is Short-Run Production? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[37335].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37335].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Total Product, Average Product & Marginal Product in Economics Score: {{cp.lessonAssetIdToProgress[37336].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37336].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Identifying Fixed Costs & Variable Costs for Producers Score: {{cp.lessonAssetIdToProgress[37337].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37337].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Law of Diminishing Marginal Returns Score: {{cp.lessonAssetIdToProgress[37338].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37338].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Using the Total Cost Curve to Make Production Decisions in the Short-Run Score: {{cp.lessonAssetIdToProgress[37339].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37339].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Average Cost Vs. Total Cost: Making Production Decisions in the Short-Run Score: {{cp.lessonAssetIdToProgress[37340].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37340].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - How Marginal Costs Differ from Average & Total Costs Score: {{cp.lessonAssetIdToProgress[37341].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37341].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Product & Cost Curves: Definitions & Use in Production Possibility Curves Score: {{cp.lessonAssetIdToProgress[37342].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37342].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Understanding Long-Run Production Decisions in Economics Score: {{cp.lessonAssetIdToProgress[37343].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37343].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Short-Run Costs vs. Long-Run Costs in Economics Score: {{cp.lessonAssetIdToProgress[37344].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37344].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - What Are Economies of Scale? - Definition & Impact on Fixed Costs Score: {{cp.lessonAssetIdToProgress[37345].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37345].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Comparative Advantage: Definition and Examples Score: {{cp.lessonAssetIdToProgress[1919].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1919].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Gains From Trade and the Benefit of Specialization Score: {{cp.lessonAssetIdToProgress[1920].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1920].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Absolute Advantage in Trade: Definition and Examples Score: {{cp.lessonAssetIdToProgress[1921].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1921].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Differentiating between Comparative and Absolute Advantage Score: {{cp.lessonAssetIdToProgress[32909].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32909].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Role of Rational Self-Interest in Economic Analysis Score: {{cp.lessonAssetIdToProgress[48325].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48325].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - The Principle of Voluntary Exchange in a Market Economy Score: {{cp.lessonAssetIdToProgress[48326].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48326].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Overview of the Gross Domestic Product Score: {{cp.lessonAssetIdToProgress[42923].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[42923].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Gross Domestic Product: Definition and Components Score: {{cp.lessonAssetIdToProgress[1931].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1931].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Circular Flow of Economic Activity: The Flow of Goods, Services & Resources Score: {{cp.lessonAssetIdToProgress[1929].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1929].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Gross Domestic Product: Using the Income and Expenditure Approaches Score: {{cp.lessonAssetIdToProgress[1930].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1930].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Gross Domestic Product: Items Excluded from National Production Score: {{cp.lessonAssetIdToProgress[2363].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2363].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Investment vs. Investments in Economics Score: {{cp.lessonAssetIdToProgress[1933].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1933].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Consumer Price Index: Measuring the Cost of Living and Inflation Score: {{cp.lessonAssetIdToProgress[1935].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1935].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Inflation: Definition, Types, Causes & Effects Score: {{cp.lessonAssetIdToProgress[15765].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15765].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Stagflation: Definition, Causes & Effects Score: {{cp.lessonAssetIdToProgress[10208].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10208].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - The GDP Deflator and Consumer Price Index Score: {{cp.lessonAssetIdToProgress[1936].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1936].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Economic Growth, Productivity & Policy Score: {{cp.lessonAssetIdToProgress[42929].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[42929].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Economic Growth: How to Raise a Nation's Potential Output Score: {{cp.lessonAssetIdToProgress[2471].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2471].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - How Real GDP per Capita Affects the Standard of Living Score: {{cp.lessonAssetIdToProgress[2472].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2472].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Productivity: The Economy's Long-Run Growth Engine Score: {{cp.lessonAssetIdToProgress[1976].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1976].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Investment in Human Capital and Productivity Score: {{cp.lessonAssetIdToProgress[1977].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1977].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Physical Capital: Definition and Effects on Productivity Score: {{cp.lessonAssetIdToProgress[1978].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1978].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - How Technology, Research & Development Affect Productivity Score: {{cp.lessonAssetIdToProgress[1980].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1980].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Production, Productivity & Competitiveness Score: {{cp.lessonAssetIdToProgress[40286].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40286].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Productivity & Investment: Technology, Human & Physical Capital Score: {{cp.lessonAssetIdToProgress[42930].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[42930].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Growth Policy and Economic Productivity Score: {{cp.lessonAssetIdToProgress[1981].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1981].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - What is an Investment? - Definition & Overview Score: {{cp.lessonAssetIdToProgress[10243].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10243].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - What is a Private Investment? - Definition & Overview Score: {{cp.lessonAssetIdToProgress[10255].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10255].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - Investment Spending: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15827].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15827].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Consumer Price Index and the Substitution Bias Score: {{cp.lessonAssetIdToProgress[1937].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1937].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Adjusting Wages for the Inflation Rate Score: {{cp.lessonAssetIdToProgress[1938].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1938].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Gross Domestic Product: Nominal vs. Real GDP Score: {{cp.lessonAssetIdToProgress[1939].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1939].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Gross Domestic Product: How to Calculate Real GDP Score: {{cp.lessonAssetIdToProgress[2576].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2576].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - How to Calculate Real GDP Growth Rates Score: {{cp.lessonAssetIdToProgress[2420].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2420].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Cost-Push Inflation: How the Supply Side of the Economy Leads to Inflation Score: {{cp.lessonAssetIdToProgress[2473].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2473].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - The Multiplier Effect and the Simple Spending Multiplier: Definition and Examples Score: {{cp.lessonAssetIdToProgress[2436].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2436].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Demand-Pull Inflation vs Cost-Push Inflation Score: {{cp.lessonAssetIdToProgress[1940].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1940].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Effects of Inflation on Suppliers and Demanders Score: {{cp.lessonAssetIdToProgress[1942].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1942].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Defining and Measuring the Unemployment Rate Score: {{cp.lessonAssetIdToProgress[1944].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1944].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Why the Unemployment Rate Decreases and Increases Score: {{cp.lessonAssetIdToProgress[1945].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1945].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Three Types of Unemployment: Cyclical, Frictional & Structural Score: {{cp.lessonAssetIdToProgress[1946].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1946].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Natural Rate of Unemployment: Definition and Formula Score: {{cp.lessonAssetIdToProgress[1947].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1947].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Rational Expectations in the Economy and Unemployment Score: {{cp.lessonAssetIdToProgress[1948].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1948].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Fiscal Policy and the Effects on Unemployment Score: {{cp.lessonAssetIdToProgress[2004].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2004].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Minimum Wage and its Effects on Employment Score: {{cp.lessonAssetIdToProgress[2409].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2409].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - The Phillips Curve Model: Inflation and Unemployment Score: {{cp.lessonAssetIdToProgress[1970].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1970].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Factors That Shift the Phillips Curve Score: {{cp.lessonAssetIdToProgress[1971].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1971].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - The Phillips Curve in the Short Run: Economic Behavior Score: {{cp.lessonAssetIdToProgress[1972].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1972].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - The Phillips Curve in the Long Run: Inflation Rate Score: {{cp.lessonAssetIdToProgress[1973].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1973].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - The Keynesian Model and the Classical Model of the Economy Score: {{cp.lessonAssetIdToProgress[2459].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2459].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Understanding Aggregate Supply & Demand Score: {{cp.lessonAssetIdToProgress[42926].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[42926].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Supply and Demand Curves in the Classical Model and Keynesian Model Score: {{cp.lessonAssetIdToProgress[2460].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2460].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Aggregate Supply and Aggregate Demand (AS-AD) Model Score: {{cp.lessonAssetIdToProgress[2411].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2411].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Understanding Shifts in Labor Supply and Labor Demand Score: {{cp.lessonAssetIdToProgress[2410].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2410].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Aggregate Supply in the Economy: Definition and Determinants Score: {{cp.lessonAssetIdToProgress[1955].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1955].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Aggregate Supply in the Short Run Score: {{cp.lessonAssetIdToProgress[1956].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1956].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Marginal Propensity to Consume: Definition and Formula of the MPC Score: {{cp.lessonAssetIdToProgress[1952].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1952].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Government Spending, GDP, and Crowding Out Private Investment Score: {{cp.lessonAssetIdToProgress[1954].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1954].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Sticky Wages and Prices: Effect on Equilibrium Score: {{cp.lessonAssetIdToProgress[1957].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1957].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Favorable Supply Shocks & Unfavorable Supply Shocks Score: {{cp.lessonAssetIdToProgress[1959].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1959].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Fiscal Policy: The Keynesian Revolution Score: {{cp.lessonAssetIdToProgress[2878].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2878].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Fiscal Policy Tools: Government Spending and Taxes Score: {{cp.lessonAssetIdToProgress[2000].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2000].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Automatic Stabilizers in Economics: Definition & Examples Score: {{cp.lessonAssetIdToProgress[2006].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2006].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Importance of Timing in Fiscal and Monetary Policy Decisions Score: {{cp.lessonAssetIdToProgress[2010].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2010].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Supply-Side Economics in Fiscal and Monetary Policy Score: {{cp.lessonAssetIdToProgress[2011].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2011].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Managing the Economy with Fiscal and Monetary Policies Score: {{cp.lessonAssetIdToProgress[2989].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2989].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Short-Term GDP and National Debt: Keynes' Theory Score: {{cp.lessonAssetIdToProgress[2012].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2012].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Expansionary Fiscal Policy and Aggregate Demand Score: {{cp.lessonAssetIdToProgress[2002].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2002].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Contractionary Fiscal Policy and Aggregate Demand Score: {{cp.lessonAssetIdToProgress[2003].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2003].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Expansionary Monetary Policy: Helping the Economy Grow Score: {{cp.lessonAssetIdToProgress[2007].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2007].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Contractionary Monetary Policy: Slowing the Economy Down Score: {{cp.lessonAssetIdToProgress[2009].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2009].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What is a Contractionary Gap? - Identifying an Economy That is Below Potential Score: {{cp.lessonAssetIdToProgress[2987].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2987].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Calculating the Size of a Contractionary Gap Score: {{cp.lessonAssetIdToProgress[5507].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[5507].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - What is an Expansionary Gap? - Identifying an Economy That is Above Potential Score: {{cp.lessonAssetIdToProgress[2988].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2988].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Calculating the Size of an Expansionary Gap Score: {{cp.lessonAssetIdToProgress[5508].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[5508].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Types of Financial Assets: Money, Stocks & Bonds Score: {{cp.lessonAssetIdToProgress[1983].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1983].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - What is Money? - Definition and Types Score: {{cp.lessonAssetIdToProgress[2877].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2877].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Four Basic Functions of Money Score: {{cp.lessonAssetIdToProgress[3155].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[3155].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - How Money Is Made: Understanding Bank Lending in the Economy Score: {{cp.lessonAssetIdToProgress[1987].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1987].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Present and Future Value: Calculating the Time Value of Money Score: {{cp.lessonAssetIdToProgress[1984].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1984].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Measuring the Money Supply: Explanation and Examples Score: {{cp.lessonAssetIdToProgress[1985].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1985].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Fractional Reserve System: Required and Excess Reserves Score: {{cp.lessonAssetIdToProgress[1986].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1986].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Money and Multiplier Effect: Formula and Reserve Ratio Score: {{cp.lessonAssetIdToProgress[1988].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1988].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Money Demand and Interest Rates: Economics of Demand Score: {{cp.lessonAssetIdToProgress[1989].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1989].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - The Money Market: Money Supply and Money Demand Curves Score: {{cp.lessonAssetIdToProgress[1990].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1990].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Coupon Rate: Definition, Formula & Calculation Score: {{cp.lessonAssetIdToProgress[15995].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15995].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - What is the Federal Reserve System? Score: {{cp.lessonAssetIdToProgress[2577].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2577].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Reserve Requirement, Open Market Operations and the Discount Rate Score: {{cp.lessonAssetIdToProgress[1993].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1993].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Open Market Operations & the Federal Reserve: Definition & Examples Score: {{cp.lessonAssetIdToProgress[2578].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2578].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - How the Reserve Ratio Affects the Money Supply Score: {{cp.lessonAssetIdToProgress[2579].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2579].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Discount Rate & Monetary Policy: How Banks Can Borrow Money from the Federal Reserve Score: {{cp.lessonAssetIdToProgress[2580].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2580].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - How the Federal Reserve Changes the Money Supply and Affects Interest Rates Score: {{cp.lessonAssetIdToProgress[1994].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1994].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Quantity Theory of Money: Output and Prices Score: {{cp.lessonAssetIdToProgress[1995].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1995].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - The Velocity of Money: Definition and Circulation Speed Score: {{cp.lessonAssetIdToProgress[2708].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2708].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Real vs. Nominal Interest Rates and Changes in Prices Score: {{cp.lessonAssetIdToProgress[1996].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1996].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Private Investment and Real Interest Rates Score: {{cp.lessonAssetIdToProgress[1997].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1997].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Hyperinflation, Money Supply and the Consumer Price Index Score: {{cp.lessonAssetIdToProgress[1998].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1998].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Foreign Currency Exchange: Supply and Demand for Currency Score: {{cp.lessonAssetIdToProgress[2014].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2014].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Exchange Rate: Determination and Conversion Across Countries Score: {{cp.lessonAssetIdToProgress[2015].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2015].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Currency Appreciation & Depreciation: Effects of Exchange Rate Changes Score: {{cp.lessonAssetIdToProgress[2016].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2016].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - How Fiscal and Monetary Policies Affect the Exchange Rate Score: {{cp.lessonAssetIdToProgress[2017].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2017].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - How Currency Changes Affect Imports and Exports Score: {{cp.lessonAssetIdToProgress[2018].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2018].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Achieving Trade Balance: Trade Deficit and Surplus Examples Score: {{cp.lessonAssetIdToProgress[2019].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2019].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Balance of Payments: Current Account & Measuring Foreign Trade Score: {{cp.lessonAssetIdToProgress[2020].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2020].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Balance of Payments with Financial Accounts: Measuring Foreign Trade Score: {{cp.lessonAssetIdToProgress[2021].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2021].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - The World Bank, IMF & Other International Banking Organizations Score: {{cp.lessonAssetIdToProgress[13077].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13077].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Net Exports, Capital Flows and Trade Balance Score: {{cp.lessonAssetIdToProgress[2023].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2023].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Financial Markets & Goods Markets Score: {{cp.lessonAssetIdToProgress[2024].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2024].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Tariffs and Quotas: Effects on Imported Goods and Domestic Prices Score: {{cp.lessonAssetIdToProgress[2025].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2025].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Trade Restrictions and Foreign Labor Score: {{cp.lessonAssetIdToProgress[2026].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2026].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Growth of International Organizations: History, Events, and Trends Score: {{cp.lessonAssetIdToProgress[37323].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[37323].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Conflict in the Middle East: OPEC's 1970s Oil Embargo & Its Impact Score: {{cp.lessonAssetIdToProgress[12003].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12003].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - International Trade Organizations and Trade Agreements Score: {{cp.lessonAssetIdToProgress[32211].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32211].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - How Investing in Education Impacts Earning Potential Score: {{cp.lessonAssetIdToProgress[48245].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48245].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Impact of Incentives on Personal Financial Decisions Score: {{cp.lessonAssetIdToProgress[48246].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48246].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Consumer Preferences & Choice in Economics Score: {{cp.lessonAssetIdToProgress[32917].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32917].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Consumer Theories in Economics: Decision Making, Incentives & Preferences Score: {{cp.lessonAssetIdToProgress[32918].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[32918].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Influences on Consumer Buying Decisions: Cultures, Values & More Score: {{cp.lessonAssetIdToProgress[1532].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1532].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Effects of Fiscal & Monetary Policy on Personal Finance Score: {{cp.lessonAssetIdToProgress[48247].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48247].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Types of Financial Institutions: Definition, Examples & Roles Score: {{cp.lessonAssetIdToProgress[48250].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48250].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - What is a Savings Account? - Definition & Types Score: {{cp.lessonAssetIdToProgress[10488].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10488].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Circular Flow of Income: Definition & Model Score: {{cp.lessonAssetIdToProgress[15701].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15701].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - How the Government Protects Your Money During a Financial Crisis Score: {{cp.lessonAssetIdToProgress[12601].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12601].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Investment Opportunities in Stocks and Bonds Score: {{cp.lessonAssetIdToProgress[13665].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13665].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Investment Opportunities in Mutual Funds and Exchange-Traded Funds Score: {{cp.lessonAssetIdToProgress[13666].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13666].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Return on Investment: Definition, Formula & Example Score: {{cp.lessonAssetIdToProgress[9539].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9539].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Speculative Risk: Definition & Examples Score: {{cp.lessonAssetIdToProgress[16104].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16104].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Factors That Affect Credit Worthiness Score: {{cp.lessonAssetIdToProgress[48252].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48252].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Comparing Variable & Fixed Interest Rate Loans Score: {{cp.lessonAssetIdToProgress[48253].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[48253].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is Financing? - Definition & Types Score: {{cp.lessonAssetIdToProgress[9603].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9603].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What is Interest Rate? Definition, Types & History Score: {{cp.lessonAssetIdToProgress[10498].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10498].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - How to Find Simple Interest Rate: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[15014].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15014].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - What is Compound Interest? - Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[14983].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[14983].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Health Insurance and Health Care: Overview, Roles & Regulations Score: {{cp.lessonAssetIdToProgress[18527].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18527].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Social Insurance Programs: Definition, Types & Examples Score: {{cp.lessonAssetIdToProgress[20914].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[20914].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - COBRA: Overview and Importance Score: {{cp.lessonAssetIdToProgress[15589].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15589].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Unemployment Insurance: Definition and Significance Score: {{cp.lessonAssetIdToProgress[15590].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15590].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Workers Compensation: Overview and Description Score: {{cp.lessonAssetIdToProgress[15591].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15591].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Choosing a Life Insurance Policy Score: {{cp.lessonAssetIdToProgress[59897].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[59897].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Personal Property & Liability Insurance Score: {{cp.lessonAssetIdToProgress[59899].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[59899].bestScoreQuestions}}  Take Quiz Optional