What is the amount of a good or service that a consumer is willing to buy called
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Definition1/14
Demand is considered what consumers are willing and able to buy.
If the product or service is too expensive, then people won't buy
it because they can't afford it and there will be no demand. If
it's affordable but people don't see the use, they still won't buy
it and there will still be no demand. In order to create demand, a
product has to be both useful and affordable. The more useful and
affordable it is, the more demand there will be.
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Term1/14
Under this economic theory the government does not get involved in the economy
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Definition1/14
Laissez-Faire
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Term1/14
The economic policy of John Maynard Keynes called for government assistance so there could be full employment
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Definition1/14
true
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Term1/14
In which direction does the demand curve on a graph slant
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Definition1/14
Downward left to right
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Term1/14
In this department the Food Safety and Inspection Service inspects food and meat processing plants to make sure the products are safe for consumers
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Definition1/14
Agriculture
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Term1/14
The Bureau of Land Management of this department manages over 300 million acres of public lands
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Definition1/14
interior
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Term1/14
The financial management service is the bookkeeper for the federal government and is managed by this department
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Definition1/14
treasury
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Term1/14
This department operates the federal bureau of investigation which investigates federal violations
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Definition1/14
Dept Of Justice
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Term1/14
All US coins are manufactured by the bureau of the mint under the management of this department
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Definition1/14
treasury
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Term1/14
What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes
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Definition1/14
Treasury
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Term1/14
Supply creates a demand
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Definition1/14
False(Kaylop)
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Term1/14
What is the historical economic role of the government includes all of the following except
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Definition1/14
quien sabe!
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Term1/14
Why are some of ancient sport no longer included
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Definition1/14
i say cause they don't use much technology so they think they
are not very as valuable as other Olympic sports
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Term1/14
This department operates the Bureau of Mines which conducts reports on mining techniques.
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Definition1/14
Interior
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Cards in this guide (14)
What is the amount of a good or service that a consumer is willing to buy called
Demand is considered what consumers are willing and able to buy.
If the product or service is too expensive, then people won't buy
it because they can't afford it and there will be no demand. If
it's affordable but people don't see the use, they still won't buy
it and there will still be no demand. In order to create demand, a
product has to be both useful and affordable. The more useful and
affordable it is, the more demand there will be.
Under this economic theory the government does not get involved in the economy
Laissez-Faire
The economic policy of John Maynard Keynes called for government assistance so there could be full employment
true
In which direction does the demand curve on a graph slant
Downward left to right
In this department the Food Safety and Inspection Service inspects food and meat processing plants to make sure the products are safe for consumers
Agriculture
The Bureau of Land Management of this department manages over 300 million acres of public lands
interior
The financial management service is the bookkeeper for the federal government and is managed by this department
treasury
This department operates the federal bureau of investigation which investigates federal violations
Dept Of Justice
All US coins are manufactured by the bureau of the mint under the management of this department
treasury
What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes
Treasury
Supply creates a demand
False(Kaylop)
What is the historical economic role of the government includes all of the following except
quien sabe!
Why are some of ancient sport no longer included
i say cause they don't use much technology so they think they
are not very as valuable as other Olympic sports
This department operates the Bureau of Mines which conducts reports on mining techniques.