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Economics

Ophelia Schneider ∙

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Term1/13

In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

Definition1/13

commerce

Term1/13

Which of these statements represents what Thomas Malthus believed

Definition1/13

The population would grow faster than the food supply.

Term1/13

Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer

Definition1/13

false

Term1/13

What is the period of time when the overall economic conditions are improving called

Definition1/13

expansion

Term1/13

A machine wearing out is an example of which of these

Definition1/13

capital consumption

Term1/13

Division of labor means that production takes place with workers separated into groups according to what

Definition1/13

skill

Term1/13

Ongoing financial reports are usually calculated by an index in developing an index what is the most important thing to do

Definition1/13

select a base year

Term1/13

Who was the leader of the AFL

Definition1/13

Samuel Gompers

Term1/13

Is an organization that produces and distributes a good or service for profit called a business yes or no

Definition1/13

Yes

Term1/13

Whinch of these terms is included in the definition of commerce

Definition1/13

construction of highways.

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What are goods produced inside the US that are sold and shipped for use in other countries called

Definition1/13

Exports

Term1/13

Are gross domestic product and net national product equal

Definition1/13

(gross national product or GNP) minus depreciation = net national product

Term1/13

Which of thesse ideas can be demonstrated best by geometric progression

Definition1/13

the population will exhaust the food supply

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Cards in this guide (13)

In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

commerce

Which of these statements represents what Thomas Malthus believed

The population would grow faster than the food supply.

Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer

false

What is the period of time when the overall economic conditions are improving called

expansion

A machine wearing out is an example of which of these

capital consumption

Division of labor means that production takes place with workers separated into groups according to what

skill

Ongoing financial reports are usually calculated by an index in developing an index what is the most important thing to do

select a base year

Who was the leader of the AFL

Samuel Gompers

Is an organization that produces and distributes a good or service for profit called a business yes or no

Yes

Whinch of these terms is included in the definition of commerce

construction of highways.

What are goods produced inside the US that are sold and shipped for use in other countries called

Exports

In what type of production does a conveyor belt move and workers stay in one place

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Economics

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Economics

What is the total of all goods produced in a year called

In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

Which of these describes a time deposit

Which of these statements represents what Thomas Malthus believed

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In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

This person wrote The Theory of the Leisure Class

In which country did Adam Smith live

John Maynard Keynes applied his theories to the problems of what crisis

Economics

What is the total of all goods produced in a year called

Since the 1980s what has happened to the US share of domestic car sales

In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

In a period of inflation there are too many goods and not enough money

Economics

What is the total of all goods produced in a year called

Since the 1980s what has happened to the US share of domestic car sales

In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

In a period of inflation there are too many goods and not enough money

Economics

This person wrote The Theory of the Leisure Class

John Maynard Keynes applied his theories to the problems of what crisis

What was the name of the book published in 1776 that changed the way things were produced

In what type of production does a conveyor belt move and workers stay in one place

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