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Term 4 Business & Economics

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

By: Santi Reyes
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Decks in this class (11)

3.1 - The Three Types of Economic Theories
What is the first type of economi...,
What are the three features of ad...,
What is the second type of econom...
6  cards
3.2 (Pt. 1) - Why Governments Intervene in the Economy & Tax
What are the first three reasons ...,
What are the last three reasons g...,
How do governments intervene in t...
5  cards
3.2 (Pt. 2) - Economic Growth
What is the main indicator of eco...,
What is,
What does economic growth lead to
3  cards
3.3 - Inflation
What is inflation,
What is living expense,
What happens when inflation incre...
6  cards
3.4 (Pt. 1) - Unemployment Levels
What defines an unemployed person,
What is the labour force,
What is the formula to calculate ...
7  cards
3.4 (Pt. 2) - The Four Unemployment Types
What is the first type of unemplo...,
What are two examples of friction...,
What is the second type of
8  cards
3.5 & 3.6 - The Level of Interest Rates & Sustainability Indexes
What is interest rate,
What is debt,
How is interest rate related to s...
9  cards
3.7 - The Phases of the Business Cycle
What are the 4 phases of the busi...,
What is a peak in the business cycle,
What are the key features in a bu...
9  cards
4.2 - Factors that can cause Variations in Economic Performance
What are the three factors that c...,
How is,
What is the definition of full em...
14  cards
4.3 - Measuring Living Standards
What is the general meaning of li...,
What is the,
What are the benefits associated ...
8  cards
5.2 - The Fiscal and Monetary Policy
What is the fiscal policy,
Who is responsible for the fiscal...,
What are the three ways the fisca...
11  cards

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Term 4 Business & Economics

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