What type of Government is in control in a traditional,command
and market economy?
Who controls the resources?
Distribution of goods and services?
Controls productions?
What are the negative affects on society?
Benefits to society for each form of economy?
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Term1/15
The economy of the US is best described as
🔄 Click to see definition
Definition1/15
The United States economy is still best described as a mixed
economy. It is considered thus because it involves the public,
private, and international sector.
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Term1/15
What is the opportunity cost of buying a new car
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Definition1/15
Anything that is not the car can be an oppertunity cost. for an
instants an ipod or a house can be the oppertunity cost. the
definiton of oppertunity cost is the value of the next best
akternative given up when a choice a made.
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Term1/15
What statement best describes the New Real Estate Industry
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Definition1/15
Flat.
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Term1/15
What is the difference between market economy and mixed economy
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Definition1/15
The difference between market economy and mixed economy is that
a marked economy is a marked economy and a mixed economy is a mixed
economy
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Term1/15
What would be the opportunity cost of a new 500 federal stimulus plan
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Definition1/15
the opportunity cost would that it will put the government in
big defected in order to provide temporarat relief to business and
institutions and envirment so on.
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Term1/15
What kind of economy is one in which individuals and businesses make most economic decisions
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Definition1/15
Market.
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Term1/15
When will a cost benefit analysis be done
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Definition1/15
when will a cost benefit analysis be done
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Term1/15
What is the meaning of opportunity lost
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Definition1/15
In the economical term opportunity cost means the best next
alternative forgone
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Term1/15
societies make decisions about how to produce certain goods by
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Definition1/15
considering whether companies or the government should make the goods.
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Term1/15
What is a major similarity between economic wants and economic needs
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Definition1/15
People try to fulfill both with limited resources.
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Term1/15
which statement best describes the economic concept of scarcity
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Definition1/15
People have unlimited wants and limited resources to fulfill them.
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Term1/15
Which situation would reduce the scarcity of a product
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Definition1/15
A foreign country begins exporting the product in high volume.
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Term1/15
Which description is the best example of human capital
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Definition1/15
A doctor with expertise in medicine
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Cards in this guide (15)
Which heading best completes the partial outline
secular constitution adopter
Traditional economy coutries
What type of Government is in control in a traditional,command
and market economy?
Who controls the resources?
Distribution of goods and services?
Controls productions?
What are the negative affects on society?
Benefits to society for each form of economy?
The economy of the US is best described as
The United States economy is still best described as a mixed
economy. It is considered thus because it involves the public,
private, and international sector.
What is the opportunity cost of buying a new car
Anything that is not the car can be an oppertunity cost. for an
instants an ipod or a house can be the oppertunity cost. the
definiton of oppertunity cost is the value of the next best
akternative given up when a choice a made.
What statement best describes the New Real Estate Industry
Flat.
What is the difference between market economy and mixed economy
The difference between market economy and mixed economy is that
a marked economy is a marked economy and a mixed economy is a mixed
economy
What would be the opportunity cost of a new 500 federal stimulus plan
the opportunity cost would that it will put the government in
big defected in order to provide temporarat relief to business and
institutions and envirment so on.
What kind of economy is one in which individuals and businesses make most economic decisions
Market.
When will a cost benefit analysis be done
when will a cost benefit analysis be done
What is the meaning of opportunity lost
In the economical term opportunity cost means the best next
alternative forgone
societies make decisions about how to produce certain goods by
considering whether companies or the government should make the goods.
What is a major similarity between economic wants and economic needs
People try to fulfill both with limited resources.
which statement best describes the economic concept of scarcity
People have unlimited wants and limited resources to fulfill them.
Which situation would reduce the scarcity of a product
A foreign country begins exporting the product in high volume.
Which description is the best example of human capital