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☆☆☆☆☆Cards in this guide (16)
Which of these refers to the quantity of goods and services that sellers are willing to offer at various prices at a given time
supply
The custom of watching fireworks on the Fourth of July would be studied by this social science
a- Anthropology
In what year did the Swedish Academy of Science instituted the Nobel Prize in Economic Science
1969
What social science might study the effects of pollution of a river
Geography
In this type of economy farms were passed on from generation to generation as sons joined their fathers to work the land
Traditional
The economic policy of John Maynard Keynes called for government assistance so there could be full employment
true
Producers reacting to consumer choices provide most answers to the basic economic questions in this type of economy
market
In this economic function the government attempts to correct for market failures like monopolies
efficiency
What type of view of economics did the rational expectation school of economics headed by lucas and sargent take
macroeconomic
This social science examines the movement of nomadic people
a
The eskimos in north America mostly follow this type of economy
Traditional
What type of economy is it where all economic decisions are based on age-old customs
A traditional economy is where all economic decisions are based on age-old customs.
The government has complete control over every aspect of the lives of the citizens in this form of government.The government has complete control over every aspect of the lives of the citizens in this
totalitarian dictatorship
This social science might study the monetary effect on businesses after the cutting of the old-growth forest
E - Economics
What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes
Treasury
The development of new technology on the farms in the nineteenth century made changes except for
more people moved to the farms
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