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

Decks in this class (19)

Demand/Supply Test
What is quantity demand,
Why does the demand curve go down...,
What is the substitution effect
30  cards
Pure Competition Quiz
What type of product is in a pure...,
In a purely competitive market is...,
Is there any product differentiat...
61  cards
Pure Monopoly, Monopolistic Competition, Oligopoly Test
What are the three types of monop...,
What are the barriers to entry fo...,
What is a cooperative
45  cards
Quiz 12/8
Explain the substitution effect o...
1  cards
Test 12/10
Pc labor market,
What is the reason that the resou...,
In imperfect competition why does...
35  cards
First Semester Exam
When one decision is made the nex...,
The value of the best alternative...,
If the country is currently produ...
66  cards
Unemployment Quiz
What minority is most unemployed,
Define unemployment,
What is cyclical unemployment
14  cards
GDP TEST
What is an intermediate good,
What things aren t counted for gdp,
What are public transfer payments
46  cards
Aggregate Demand Test
What is the classical economics t...,
What is the theory after the grea...,
What is the keynesian theory
33  cards
AS/AD Test
What is the interest rate effect,
What is the wealth effect real ba...,
What is the foreign purchase effe...
64  cards
Multiplier And Stuff Test
Does government spending or tax d...,
What is the multiplier equation,
How do you find mps
49  cards
Balance Sheet Quiz
What are assets,
What are liabilities,
How do you calculate required res...
8  cards
Chapter 31 Test
How is money a medium of exchange,
How is money a unit of measurement,
How is money a store of value
55  cards
Monetary Policy Test
What is the most important and mo...,
How does the fed use open market ...,
How does the fed use open market ...
65  cards
SRAS/LRAS
What is the long run,
What are nominal wages,
What are real wages
27  cards
Test Flashcards
Why are price levels fixed in sho...,
In the long run nominal wages ___...,
Why do nominal wages change in th...
31  cards
Test Flashcards
Why are price levels fixed in sho...,
In the long run nominal wages ___...,
Why do nominal wages change in th...
31  cards
Disputes In Macro Theory
What are the main views of classi...,
What are the views of monetarists,
What are the beliefs of classical...
58  cards
Economic Growth
What are the 2 ways economic grow...,
What does an increase in real gdp...,
What does an increase in real gdp...
54  cards

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AP Economics

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