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Economics

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

By: Alexis Tate
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Decks in this class (6)

The Economic Way of Thinking
Desires that can be satisfied by ...,
Things such as food clothing and ...,
The situation that exists when th...
30  cards
Economic Systems
2 basic types of economic systems,
_____ is the study of individuals...,
______ is the study of the econom...
42  cards
Demand
______is the desire to have a goo...,
A _______shows how much of a good...,
The ______ states that when the p...
30  cards
Supply
______ refers to the willingness ...,
Anyone who produces goods and ser...,
An _____ is a tax on the producti...
31  cards
Money and Banking
______ is anything that people wi...,
______ is a sustained rise in the...,
Money draws its value from 3 poss...
33  cards
Taxes
The _______ is a tax on money or ...,
The _______ of a tax is determine...,
A _________ takes a larger percen...
43  cards

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Economics

  • Class purpose General learning

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