The answers to the practice multiple-choice questions are below. Just click on "Read more". 1. D 2. B 3. C 4. E 5. D 6. B 7. C 8. Supply shift to the LEFT. Double check that you labelled EVERYTHING including both supply curves, the demand curve, and the new equilibrium P2 and Q2. Also, make sure that you have an arrow! How to get the Ultimate Review Packet Step 1: Go to: ​acdcecon.thinkific.com​ ​ Step 2: Create a free account Step 3: Enroll in the free version of the MACROeconomics packet (either AP or College) Note Teachers- Do not print any of the packet and give it to your students. This is NOT for in-class use. If you are interested in getting worksheets for your class, please go to my website: ​www.acdcecon.com/bulk-discount​ ​

@muhamadmansour1775

4 жыл бұрын

the link is not working!

@thomashogan1645

4 жыл бұрын

For #4 I felt like C, D, and E were all correct.

@isaacong

3 жыл бұрын

@@thomashogan1645 C is wrong because if demand decreases, the price would also decrease. D is wrong because if the supply increases, the quantity would also increase. I hope that clarifies question #4.

@consela2011

3 жыл бұрын

@@isaacong can you help me clarify why A is wrong? thanks!^^

@isaacong

3 жыл бұрын

@@consela2011 Which question?

You are honestly a blessing to econ students!! Your enthusiasm for economics is contagious!!

Mr.Clifford, You are saving the world!! I am a student from Hong Kong who are studying economics in university. Your videos definitely helps me a lot to understand the concepts. Thank you so much!!

Bless you sir I have an econ finals tomorrow and I just failed my econ midterms. I hope I remember all I reviewed from your videos and hope I can pass this semester!

the greatest teacher ! Thank you Sir for your passion !

Demand shifters 1. Tastes and preferences 2. Number of consumers 3. Income 4. Price of related goods 5. Expectations Shifters of supply 1. Price of inputs 2. Number of producers 3. Technology 4. Taxes and Subsidies 5. Expectations

@AdityaSUnboxings

4 жыл бұрын

Thank

@user-yo4no7xj8c

3 жыл бұрын

Cheers

@tedchirvasiu

2 жыл бұрын

Merci

Bless your soul I have my Econ midterm tomorrow

@probablygrady

4 жыл бұрын

Update: so I picked the class up two weeks into the semester so I was really behind but thanks to your videos I’m pretty sure I killed that exam ty!

@emilie3907

2 жыл бұрын

same

thank you so much Mr Clifford just started Economics and you just made it super easy

Hi Mr. Clifford God bless you, also thank you for helping all these students who were struggling, with econ Especially me. Monday I have an Exam in econ, after washing your video I understand more econ, thank you so much. The answer is : (A)

BEST ECON CHANNEL! Relying on you to pass my university exams ahhaa. Keep making them videos!

I got 7 correct out of 8 questions...thanks sir...your teaching really works...

It's teachers that love what they do like you that still allows me to have faith in humanity

Thanks u so much for this! Had a great grade last year due to ur videos!!

These videos have taught me more then my professor has in seven weeks to be honest

@deathrate5978

2 жыл бұрын

same XD

Clifford: "there is a zero percent chance that you are gonna get through econ class without having to draw those graphs" 2020 CB: "hold my online exams"

@jasongross4116

3 жыл бұрын

Hahahaha 2021 too

@armagancaglayan4812

3 жыл бұрын

@@jasongross4116 today We will learn lmao ahahaha

If anyone is looking for the answers, they're actually in the video description

Helped me out alot! very helpful

Sir I love your videos! Keep it up!!

I already watched all three of the supply and demand videos!

Dude you’re so funny thank you for your videos!

You're the best teacher everrrrrrrr

I can't believe I never thought of Supply and Demand as a pair of scissors before yet, and now I see it, I will never see it the same way again

Thank you soo much Sir 😊 this really helped me in my exam

My main man 💛😍

Thank you thank you thank you!!!!

Interesante vídeo...♫♫ felicidades mi estimado Jacob ...♫♫♫♪♪♪♪ que tengas un feliz fin de semana....♫♪♪♪♪

that is professional and soooo fun yeeeeeah

Could you please do a step by step video of how to figure out the surplus and shortage by numbers?

eyyyyy notification squad is here XD

Hello sir, can you make a quick summary of managerial economics? I need it so much.

Isn't the 4th answer c? Correct me if I am wrong. Great video

Are you going to make a gaming channel

What was the answer to question 5?

"That;'s the noise of the Law of Demand" I don't know why but I found that a little funny, we need to have a tiny bit of humor

where are the answers

1. D 2. B 3. C 4. E 5. D 6. B 7. C 8. Supply shift to the LEFT.

The scissors!

Although our class is only a hour long

Can someone please explain why the answer on 7 is C and not A or D? Your answer will be highly appreciated!😊

i don’t understand how 6 is B. Praying someone sees this and explains ❤

got 6 right

Why question 5 is not E? Also how can it be D?

@sabotaje4174

4 жыл бұрын

Because it says what answer is NOT true. In this situation it is answer D

@samahossam5955

4 жыл бұрын

because price doesnt change the demand curve it changes the quantity demanded

@teckvkgamer1049

3 жыл бұрын

@@samahossam5955 yes !

Where are the answers

@JacobAClifford

4 жыл бұрын

First comment

@rockestien

4 жыл бұрын

Jacob btw “You” are a legend in Dubai

@monicalejjandra

4 жыл бұрын

@@JacobAClifford there's only 9 comments and you arent one

@Doll_

4 жыл бұрын

@@JacobAClifford Yeah, the answers are missing... Maybe they got deleted somehow? Edit: he actually posted them in the description

@JacobAClifford

4 жыл бұрын

@@Doll_ Ok. Look in the description.

1. D 2. B 3. C 4. E 5. D 6. B 7. C these r my answers but i cant see your coment @Jacob Clifford

@faith5703

4 жыл бұрын

On the description box

lol!

D A B B D B C

so he can't really teach us much in the time we have anyway

1 - D 2 - E 3 - C 4 - E 5 - C 6 - C 7 - B. These can be wrong.

@tifeosibanjo815

4 жыл бұрын

Number 5 is D

@DiegoRomero-bn2qr

4 жыл бұрын

siddhartha jain 2-D

@MusicalInquisit

4 жыл бұрын

@@DiegoRomero-bn2qr The answer to 2 is B, not D. The cost of labor decreases. Therefore, the amount made will increase -- supply increases.

@MusicalInquisit

4 жыл бұрын

6 is B. Since demand has increased _during_ power outages, passing laws of non-increase in price will result in a shortage, according to the supply and demand. Prices must remain below the equilibrium if this law were passed. 7 is C. If apples are substitute goods of oranges, then the increase in price will result in an increase in demand along with an increase in the equilibrium price, according to the supply and demand graph.

Mr.Clifford, You are saving the world!! I am a student from Hong Kong who are studying economics in university. Your videos definitely helps me a lot to understand the concepts. Thank you so much!!

@natalieyam1494

2 жыл бұрын

fellow hongkonger hello

Mr.Clifford, You are saving the world!! I am a student from Hong Kong who are studying economics in university. Your videos definitely helps me a lot to understand the concepts. Thank you so much!!

@julienelson6506

4 жыл бұрын

Or at least my GPA. I have a 3.74, but a 78% in my Econ class. Our professor spends 30 minutes out of every class telling us we are losers and failures for going to a Community College... joke is on him. He is so bad he can only teach at a Community College. These videos are finally making Econ makes sense. Hopefully, with the help of these videos I will do better on my second test