If you dont score at least 80% on this, quit now

[NLT]

95%

Missed #12, I said obtain more resourses like a good capitalist.

 

[CrusaderFrank]

Where the fuck must you live to have fast food be an increase in quality?

Someplace besides a bunker. When competition is around quality goes up and prices come down. (In theory) Everyone knows that.

So McDonald's is an improvement over your local eatery.

How sad for you

 

[Asclepias]

Where the fuck must you live to have fast food be an increase in quality?

Someplace besides a bunker. When competition is around quality goes up and prices come down. (In theory) Everyone knows that.

So McDonald's is an improvement over your local eatery.

How sad for you

You totally missed economics in school obviously.

 

[-S-]

Got a 95%

Missed the one on resources (12).


And regardless of the answer, I still think I'm right
The smartest long term plan would be to find a creative solution for obtaining additional resources.

 

[Asclepias]

You answered 19 out of 20 correct for a 95%.

Test your own economic literacy with these 20 questions. Then view results to see how you rank against everyone else who has taken the quiz.

Answer the following background questions so you can compare your test result with others.
Age:
Sex:
Female
Male

Education: Grade school
High school
1-2 years of college
4 years of college
Graduate school
Employment: Employed
Unemployed
Answer each of the 20 questions to the best of your ability. Use the "Grade Test" button at the bottom of the screen to see how you did.
1.
Incorrect. The correct answer is A.
A large increase in the number of fast-food restaurants in a community is most likely to result in:
A. Lower prices and higher quality.
B. Lower prices and lower quality.
C. Higher prices and higher quality.
D. Don't Know

Who actually thinks that more fast food can increase quality?

The key word is more restaurants. Ask McDonalds what Chipotle is doing to them.

Reasons Chipotle Is Killing McDonald's - Business Insider

 

[Nosmo King]

You answered 19 out of 20 correct for a 95%.

Test your own economic literacy with these 20 questions. Then view results to see how you rank against everyone else who has taken the quiz.

Answer the following background questions so you can compare your test result with others.
Age:
Sex:
Female
Male

Education: Grade school
High school
1-2 years of college
4 years of college
Graduate school
Employment: Employed
Unemployed
Answer each of the 20 questions to the best of your ability. Use the "Grade Test" button at the bottom of the screen to see how you did.
1.
Incorrect. The correct answer is A.
A large increase in the number of fast-food restaurants in a community is most likely to result in:
A. Lower prices and higher quality.
B. Lower prices and lower quality.
C. Higher prices and higher quality.
D. Don't Know

Who actually thinks that more fast food can increase quality?

The key word is more restaurants. Ask McDonalds what Chipotle is doing to them.

Reasons Chipotle Is Killing McDonald's - Business Insider

But associating fast food with quality is a fool's game.

 

[Asclepias]

95%

Missed #12, I said obtain more resourses like a good capitalist.

Dont eat your own foot over money.

 

[Asclepias]

You answered 19 out of 20 correct for a 95%.

Test your own economic literacy with these 20 questions. Then view results to see how you rank against everyone else who has taken the quiz.

Answer the following background questions so you can compare your test result with others.
Age:
Sex:
Female
Male

Education: Grade school
High school
1-2 years of college
4 years of college
Graduate school
Employment: Employed
Unemployed
Answer each of the 20 questions to the best of your ability. Use the "Grade Test" button at the bottom of the screen to see how you did.
1.
Incorrect. The correct answer is A.
A large increase in the number of fast-food restaurants in a community is most likely to result in:
A. Lower prices and higher quality.
B. Lower prices and lower quality.
C. Higher prices and higher quality.
D. Don't Know

Who actually thinks that more fast food can increase quality?

The key word is more restaurants. Ask McDonalds what Chipotle is doing to them.

Reasons Chipotle Is Killing McDonald's - Business Insider

But associating fast food with quality is a fool's game.

Thats where marketing comes in. They make you think their food is better quality by excluding ingredient X. Remember quality is subjective.

 

[amrchaos]

If everyone does so well, how can anyone on this site possibly support Sanders?

I actually, for a while there, thought folks didn't understand basic economics. I guess I was wrong. Apparently people on the left and the right know how an economy is supposed to work. So what gives with this Sanders euphoria if EVERYONE knows he, Clinton, and Obama are all full of shit?

You are confusing basic economic concepts with political ideology concerning our economy.

Libs would take a hit in the pocket if it would improve society in some way.

That is believed by the left. They are trying to sell this trade off to the right.

 

[The Rabbi]

The OP is a child.

View attachment 50359

Thanks for self idenitying as a boob. Try Sowell's book on Economics for the citizen. It might help. Meanwhile stay out of Econ discussions. You are clearly a waste of time in them.

 

[g5000]

If you dont score at least 80% on this, quit now

No, no, no. If you didn't score at least 95% on the test, you are a commie pig who didn't eat his vegetables and likes to smoke poles.

So there!

 

[The Rabbi]

No, I didn't finish the test. Too long. But I get the point.

Twenty questions is too long? Try Ritalin.

 

[The Rabbi]

Maybe the bar should be lower?

Economic Literacy Test Results
from 03/26/2013 to 09/17/2015
Total Participants: 116,409
Average Score: 14 out of 20 for a 70 %
Average Age: 24
Gender: Females - 60,684
Males - 55,261
Education Level: Grade School - 8,404
High School - 55,586
1-2 years of college - 17,050
4 years of college - 17,110
Graduate School - 18,047
Employment Status: Employed - 64,749
Unemployed- 51,363

Assuming the majority of people are of average intellect, should not 10% below average be the minimum? say 60 or 65%?

I considered the test pretty easy and basic. Yes there were one or two tricky ones. But c'mon, 80% is not that tough and people not getting that have no business in economic discussions

 

[LoneLaugher]

The OP is a child.

View attachment 50359

Thanks for self idenitying as a boob. Try Sowell's book on Economics for the citizen. It might help. Meanwhile stay out of Econ discussions. You are clearly a waste of time in them.

Silly nutter.

 

[The Rabbi]

If you dont score at least 80% on this, quit now

No, no, no. If you didn't score at least 95% on the test, you are a commie pig who didn't eat his vegetables and likes to smoke poles.

So there!

Have it your way.

 

[Treeshepherd]

No, I didn't finish the test. Too long. But I get the point.

Twenty questions is too long? Try Ritalin.

Questions were boring. If Mexico has fruit and Argentina has beef, will it benefit both countries to trade? Come on. I'm not doing 20 of those.

 

[Nosmo King]

You answered 19 out of 20 correct for a 95%.

Test your own economic literacy with these 20 questions. Then view results to see how you rank against everyone else who has taken the quiz.

Answer the following background questions so you can compare your test result with others.
Age:
Sex:
Female
Male

Education: Grade school
High school
1-2 years of college
4 years of college
Graduate school
Employment: Employed
Unemployed
Answer each of the 20 questions to the best of your ability. Use the "Grade Test" button at the bottom of the screen to see how you did.
1.
Incorrect. The correct answer is A.
A large increase in the number of fast-food restaurants in a community is most likely to result in:
A. Lower prices and higher quality.
B. Lower prices and lower quality.
C. Higher prices and higher quality.
D. Don't Know

Who actually thinks that more fast food can increase quality?

The key word is more restaurants. Ask McDonalds what Chipotle is doing to them.

Reasons Chipotle Is Killing McDonald's - Business Insider

But associating fast food with quality is a fool's game.

Thats where marketing comes in. They make you think their food is better quality by excluding ingredient X. Remember quality is subjective.

A "special ingredient" in fast food? Spoiler alert! It's diabetes!

 

[Asclepias]

You answered 19 out of 20 correct for a 95%.

Test your own economic literacy with these 20 questions. Then view results to see how you rank against everyone else who has taken the quiz.

Answer the following background questions so you can compare your test result with others.
Age:
Sex:
Female
Male

Education: Grade school
High school
1-2 years of college
4 years of college
Graduate school
Employment: Employed
Unemployed
Answer each of the 20 questions to the best of your ability. Use the "Grade Test" button at the bottom of the screen to see how you did.
1.
Incorrect. The correct answer is A.
A large increase in the number of fast-food restaurants in a community is most likely to result in:
A. Lower prices and higher quality.
B. Lower prices and lower quality.
C. Higher prices and higher quality.
D. Don't Know

Who actually thinks that more fast food can increase quality?

The key word is more restaurants. Ask McDonalds what Chipotle is doing to them.

Reasons Chipotle Is Killing McDonald's - Business Insider

But associating fast food with quality is a fool's game.

Thats where marketing comes in. They make you think their food is better quality by excluding ingredient X. Remember quality is subjective.

A "special ingredient" in fast food? Spoiler alert! It's diabetes!

Me and my wife were just talking about this commercial where they introduce a burger made from meat without antibiotics. My question was if they knew antibiotics were bad why is it still in their other burgers.

 

[The Rabbi]

The OP is a child.

View attachment 50359

Thanks for self idenitying as a boob. Try Sowell's book on Economics for the citizen. It might help. Meanwhile stay out of Econ discussions. You are clearly a waste of time in them.

Silly nutter.

Ignoramus.

 

[The Rabbi]

No, I didn't finish the test. Too long. But I get the point.

Twenty questions is too long? Try Ritalin.

Questions were boring. If Mexico has fruit and Argentina has beef, will it benefit both countries to trade? Come on. I'm not doing 20 of those.

It might have taken me all of 5 minutes to complete. You cant concentrate for 5 minutes? Mary Jane much?