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

Decks in this class (19)

Chapter 1
Social gain,
Marginal gain,
Economics
22  cards
Chapter 2
The calculation problem,
Public choice school,
Fallacy of division
15  cards
Chapter 3
Production process,
Consumable outputs,
Resources inputs
14  cards
Chapter 4
Trade,
Barter,
Incentives to trade
21  cards
Chapter 6
Price index formula,
Inflation,
Adjusting data for price change
22  cards
Chapter 5
Socialize,
Karl marx,
External costs
11  cards
Chapter 7
Equation of exchange,
Mv pq m,
Mv pqv
20  cards
Chapter 8
Interest rate,
Direct finance,
Maturity
18  cards
Chapter 5 questions
What does it mean to socialize a ...,
According to socialists which eco...,
What did marx say about productio...
20  cards
Chapter 6 questions
What is the wellspring of us dollars,
Why was the fed created,
True false the feds early record ...
12  cards
Chapter 7 questions
Where does inflation come from,
How can all consumers spend spend...,
What is the common sense interpre...
17  cards
Chapter 8 Questions
Why would anyone buy a bond that ...,
In what ways do banks add value i...,
If the public decides to save les...
22  cards
Chapter 11
True false says law says that the...,
What can go wrong with says law i...,
Which process can guarantee that ...
28  cards
chapter 9
How much value is created in a year,
True false wealth and income are ...,
True false we measure income as t...
30  cards
chapter 10
Value marginal product vmp,
Human capital,
Screening theory
36  cards
chapter 12
A deficit is,
The federal debt is,
The net public debt
8  cards
TEST 1
Karl marx said,
In the 1950s socialists changed t...,
Darius chose to buy a new car rat...
35  cards
TEST 2
Karl marx said,
In the 1950s socialists changed t...,
What is the capitalist answer to ...
34  cards
Str8 Fact
Over the last few decades the us ...,
Since the 2008 recession economic...,
Most of the increase in the defic...
44  cards

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Macroecon

  • Class purpose General learning

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