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Economics

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Dahlia Kemmer

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Cards in this guide (14)
Which term fits the description of the production and distribution of goods can be planned by the government to assure fairness for all of the people

Socialism

Why does scarcity exist in an economy

*there are not enough resources to produce everything people want*

What generates a demand for goods and services

PRICE

In the circular flow of goods and services what does the resource market represent

Money payments made to households by business firms and the government A+

What situation best illustrates the healing power of positive expectations

placebo effect

In which type of economy are choices made by consumers

12

Which of these describes the work of Sigmund Freud

he developed the theory of psychoanalysis.

Which of these describes the work of Ivan Pavlov

He developed the idea of classical conditioning.

In the circular flow of goods and services what does the government use money payments to provide

Goods and services

What information can be gleaned from the study data entitled Grandparents Living with Grandchildren 2000

The highest percentale of coresident..

  • There are areas that have high percentages of grandparents living with grandchildren in the upper Midwest region.
  • The highest percentage of coresident grandparents were in the American Indian and Alaska Native race category.
  • Younger coresident grandparents were more likely to be responsible for the care of their grandchildren for less than one year than older grandparents.
What can be inferred from the information in the two circles graphs

This question cannot be answered without the circle graphs provided.

What statement best describes the population of the US in the 1900s

the popularity grew steadily during the 1990s.

When businesses buy goods from other businesses they are functioning in

a consumer role

What is the style of this excerpt from Serena Lawrence's cover letter

Professional

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