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☆☆☆☆☆Cards in this guide (15)
Conducting a survey to determine the current status of a welfare program
pure economics
What type of economic system was developed by Marx
socialist
Following World War 1 the political and economic leadership of the world had shifted to which of these
usa
The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928
true
If you left Promontory point Utah and traveled to San Francisco in which direction would you be traveling
West
What type of view of economics did the rational expectation school of economics headed by lucas and sargent take
macroeconomic
What do the inner arrows of the circular flow model represent
flow of money payments(Kaylop)
Factor services ( From household to firms) &
Goods & Services (From firms to households).
[in a 2 sector economy)
Marshal combined the idea of the marginalists and the classical capitalists to form which new theory
price
The effect of the cutting of the old-growth forests on the ancient cultures and traditions of the people
athropologist
Failure to return a book to the library on time and paying a fine
secondary effect
This is the study of all aspects of the economy
macroeconomics
In the circular flow model economic resources is both production and the factors of production
true
true
What are the differences between facility and utility
Facility often refers to a location while Utility often refers to an object/goods/services
Which of these statements is not true regarding the regarding the expansion of the railroads
One statement that is not true regarding the expansion of the railroads is that no laws were passed to regulate the railroads. This was during the expansion from 1860 to 1900.
(A+) Railroad expansion took business away from the trucking industry.
Which group would be concerned with pollution of the river after cutting of the old forest
Environmentalists.
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