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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.

Term1/13
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

Are gross domestic product and net national product equal

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

Which of thesse ideas can be demonstrated best by geometric progression

the population will exhaust the food supply

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