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Bella Davis
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Decks in this class (18)
Chapter 1 vocab
Something like air food or shelte...,
An item that we desire but that i...,
The study of how people seek to s...
23
cards
Semester Exam
Why are choices necessary 1,
What type of economy does the us ...,
Entitlement programs 3
35
cards
Unit Five Review
Real always means 1,
Real gdp 2,
Nominal gdp 3
29
cards
Chapter 12 Vocab
A system that collects macroecono...,
The dollar value of all final goo...,
Goods used in the production of f...
27
cards
Chapter 11 Vocab
The act of redirecting resources ...,
The system that allows the transf...,
Claim on the property or income o...
43
cards
Chapter 10 Vocab
Anything that serves as a medium ...,
Anything that is used to determin...,
The direct exchange of one set of...
32
cards
Chapter 9 Vocab
All nonmilitary people who are em...,
The theory that education increas...,
The theory that the completion of...
4
cards
Unit Two Review
Four conditions for perfect compe...,
The simplest market structure is ...,
What are the factors that make it...
35
cards
Chapter 8 FRQ
Sole 1,
Examples of sole proprietorships 2,
Three advantages of sole propriet...
22
cards
Chapter 8 Vocab
An establishment formed to carry ...,
A business owned and managed by a...,
Authorization to start a business...
34
cards
Chapter 4 vocab
The desire to own something and t...,
Consumers buy more of a good when...,
When consumers react to an increa...
17
cards
Chapter 5 Vocab
The amount of goods available 1,
Tendency of suppliers to offer mo...,
The amount a supplier is willing ...
21
cards
Chapter 6 vocab
The point at which quantity deman...,
Describes any price or quantity n...,
When quantity demanded is more th...
14
cards
Chapter 7 Vocab
A market structure in which a lar...,
A product that is the same no mat...,
Any factor that makes it difficul...
27
cards
Ch 7 FRQ
Perfect competition 1,
Monopoly variety of goods barrier...,
Monopolistic competition 3
8
cards
Chapter 2 vocab
The method used by a society to p...,
The income people receive for sup...,
The love of ones country the pass...
33
cards
Chapter 3 Vocab
The force that encourages people ...,
The concept that everyone can com...,
The concept of giving everyone th...
26
cards
Unit One Review
Allocativly efficient 1,
Productively efficient 2,
Why is physical capital an import...
26
cards
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Econ
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