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Economics

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

By: abigail grindstaff
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Decks in this class (24)

10-18 Prequiz
Consumer goods,
Durable good,
Utility
6  cards
10-19 Prequiz
Economic system,
Traditional economy,
Command economy
6  cards
10-22 Prequiz
Economic freedom,
Economic efficiency,
Economic equity
6  cards
10-23
Business owned and run by a singl...,
Unlimited liability,
Form of partnership where one or ...
6  cards
10-24
No cash charge the firm takes for...,
Combination of two or more firms ...,
Combination of firms involved in ...
6  cards
10-29 Part. 1
Part of economics that studies sm...,
Combination of desire ability and...,
Table that lists how much of a pr...
6  cards
10-29 Part 2
Change in movement along the dema...,
Part of change in the quantity de...,
Change in quantity demanded due t...
5  cards
10-30
Amount of a product offered for s...,
Principle that more will be offer...,
Change in amount offered for sale...
5  cards
10-31
Total output changes when the amo...,
Production period so short that o...,
Production period long enough to ...
6  cards
11-5
Keeps price from getting higher c...,
Keeps price from going lower caus...,
Laws that set price controls on t...
6  cards
11-8
Labor union whose members perform...,
Refusal to buy products from an e...,
Management refusal to let employe...
6  cards
11-12
Authorized by lawsocial security,
Federal health care program for s...,
President and congress must decid...
5  cards
11-13
Absence of spending that frees re...,
The dollars that become available...,
Claims on the property and the in...
6  cards
11-14
Stated interest on the debt,
Exceptionally risky bonds with a ...,
Formal long term contract that re...
6  cards
11-16
Part of economics that deals with...,
Products that are components of o...,
Sales of used goods not included ...
6  cards
11-27
Money that has an alternative use...,
Privately owned publicly controll...,
3 roles of money in the economy
4  cards
11-28
Bank that receives its charter fr...,
Bank that can lend money to other...,
Rush by depositors to withdraw th...
5  cards
11-29
Changes in the money supply in or...,
Price of credit to a borrower,
Hypothesis that the supply of mon...
6  cards
11-30
Part of economics that deals with...,
Total value of all goods and serv...,
Hypothetical curve showing differ...
6  cards
12-3
Federal governments attempt to in...,
Programs that automatically trigg...,
Policies designed to stimulate ou...
6  cards
12-4
Policy that someone must choose t...,
Does not require new or special a...,
Polices designed to strengthen th...
6  cards
Ch. 1-15 Written Portion
Monetary policy,
Fiscal policy,
Demand side policies
4  cards
12-7 1
Goods and services that a nation ...,
Goods and services that a nation ...,
A country can produce more of a p...
5  cards
12-7 2
Tax placed on an imported product,
Limit on the amount of a good tha...,
People who favor trade barriers t...
6  cards

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Economics

  • Class purpose General learning

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