0
- Use Assumptions to simplify
- Isolate Variables--Ceteris Paribus
- Think at the Margin
- Rational People Respond to Incentives
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How do you explain what is the economic way of thinking?
thinking about how to spend money wisely and ways to help save money.
Which of these statements is correct in an economic way of thinking?
Something must be given up if we are to have more scarce resources.
Which of these statements is corrected in an economic way of thinking?
Something must be given up if we are to have more scarce resources. (A+)
Give four reasons why you should study economics?
• to learn a way of thinking, • to understand society, • to understand global affairs, and • to be an informed voter.
Interest rates inflation the federal deficit and unemployment levels are all elements in which aspect of macroenvironment?
Interest rates, inflation, the federal deficit, and unemployment levels, are all elements of the economic macroenvironment. Another way of saying macro is large scale.
How do you explain what is the economic way of thinking?
thinking about how to spend money wisely and ways to help save money.
Which of these statements is correct in an economic way of thinking?
Something must be given up if we are to have more scarce resources.
Which of these statements is corrected in an economic way of thinking?
Something must be given up if we are to have more scarce resources. (A+)
One way in which vladimir lenin's new economic pollicy and mikhail gorbachev's policy of perestroika are similar in that both?
allowed elements of capitalism within a communist economic system
What is another way of thinking about metacomprehension?
Thinking about thinking
In Pokemon sapphire do the elite four Pokemon get stronger if you battle them a lot?
No no way what are you thinking faty faty bom bom idiot
Are the elements in group 4 metals or non metals?
All you have to do is look on your periodic table of elements. Metals are to the left and non-metals are to the right. This way we know group four are metals.
Give four reasons why you should study economics?
• to learn a way of thinking, • to understand society, • to understand global affairs, and • to be an informed voter.
Why physics is a way of thinking?
Physics is a way of thinking, a way of doing things and a way of learning about the world around us.
Interest rates inflation the federal deficit and unemployment levels are all elements in which aspect of macroenvironment?
Interest rates, inflation, the federal deficit, and unemployment levels, are all elements of the economic macroenvironment. Another way of saying macro is large scale.
What way of thinking does a conceptual model represent?
A conceptual model represents a way of thinking about positions.
What is a science word for an ordered way of thinking?
An ordered way of thinking, used by scientists, is logic.
