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American Economy (12th Grade)

This class was created by Brainscape user Jaycee G. Visit their profile to learn more about the creator.

By: Jaycee G
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Decks in this class (19)

Chapter 1
Scarcity 1,
Economics 2,
Need 3
41  cards
Chapter 6
Price 1,
Rationing 2,
Market equilibrium 3
13  cards
Chapter 9
Sin tax 1,
Incidence of a tax 2,
Tax loopholes 3
33  cards
Chapter 16
Aggregate supply 1,
The aggregate supply curve 2,
Aggregate demand 3
23  cards
Chapter 2
Traditional economy 1,
Advantage of a traditional economy 2,
Disadvantage of a traditional eco...
26  cards
Chapter 3
Sole proprietorship 1,
Forming a proprietorship 2,
Advantages of a proprietorship 6 3
35  cards
Unit 1 Test
Who makes all of the economic dec...,
What term is referred to when you...,
In what type of economy would you...
15  cards
Chapter 4
Demand 1,
Microeconomics 2,
Demand schedule 3
20  cards
Chapter 5
Supply 1,
Law of supply 2,
Supply schedule 3
24  cards
Unit 2 Test
As the price of a good increases ...,
4 reasons why prices effectively ...,
What can change the market supply...
16  cards
Chapter 8
Closed shops 1,
Union shops 2,
Modified union shops 3
22  cards
Chapter 10
Federal budget 1,
Mandatory spending 2,
Discretionary spending 3
28  cards
Chapter 11
State banks 1,
Legal tender 2,
United states notes 3
17  cards
Unit 3 Test
The process of bringing in a neut...,
The ability and willingness of wo...,
The belief that people should be ...
25  cards
Chapter 13
Gross domestic product gdp how is...,
What is excluded from gdp 4 2,
Intermediate products 3
26  cards
Chapter 14
Business cycles 1,
Business fluctuations 2,
Recession 3
19  cards
Chapter 15
Member banks 1,
Board of governors 3 2,
Federal reserve district banks 3
13  cards
Unit 4 Test
The dollar amount of all final go...,
Measures the output of all americ...,
A rise in the general price level...
20  cards
Final
Economics 1,
Scarcity 2,
The factors of production 4 3
38  cards

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American Economy (12th Grade)

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