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Term1/17
What is the amount of a good or service that a consumer is willing to buy called
Definition1/17

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.

Term1/17
What is money in a checking account called
Definition1/17

Money in a checking account is called demand deposit.

Term1/17
What is the simplest way to create capital
Definition1/17

the public and private sectors save more
erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S

Term1/17
On which type of form can the best indicators of wealth be shown
Definition1/17

balance sheet

Term1/17
This type of economics addresses the question what is
Definition1/17

Pure economics addresses this question.

Term1/17
In which direction does the demand curve on a graph slant
Definition1/17

Downward left to right

Term1/17
In this department the Food Safety and Inspection Service inspects food and meat processing plants to make sure the products are safe for consumers
Definition1/17

Agriculture

Term1/17
Which of these should happen in order for a country to increase capital effectively
Definition1/17

More money invested and/or saved.

Term1/17
Why do small banks in remote locations sometimes become a subsidiary of a larger bank
Definition1/17

To offer more services to the general puclic

Term1/17
What do the inner arrows of the circular flow model represent
Definition1/17

flow of money payments(Kaylop)
Factor services ( From household to firms) &

Goods & Services (From firms to households).

[in a 2 sector economy)

Term1/17
Which of these reasons was most likely the single cause of the stock market crash
Definition1/17

margin requirement

Term1/17
The interaction of the producer and the consumer establishes a price
Definition1/17

True.

Term1/17
Administers programs in which the government guarantees loans made by private lenders
Definition1/17

Housing and urban developement

Term1/17
Malthus believed that as the labor force increases extra food will only be produced by farming less fertile soil
Definition1/17

true!!!!

Term1/17
What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes
Definition1/17

Treasury

Term1/17
Which of these described they economic view of the Chicago school of economists
Definition1/17

microeconomic

Term1/17
Which tools does the government use to regulate and keeps banks from over extending themselves
Definition1/17

Require assets

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Cards in this guide (17)
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.

What is money in a checking account called

Money in a checking account is called demand deposit.

What is the simplest way to create capital

the public and private sectors save more
erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S

On which type of form can the best indicators of wealth be shown

balance sheet

This type of economics addresses the question what is

Pure economics addresses this question.

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

Which of these should happen in order for a country to increase capital effectively

More money invested and/or saved.

Why do small banks in remote locations sometimes become a subsidiary of a larger bank

To offer more services to the general puclic

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)

Which of these reasons was most likely the single cause of the stock market crash

margin requirement

The interaction of the producer and the consumer establishes a price

True.

Administers programs in which the government guarantees loans made by private lenders

Housing and urban developement

Malthus believed that as the labor force increases extra food will only be produced by farming less fertile soil

true!!!!

What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes

Treasury

Which of these described they economic view of the Chicago school of economists

microeconomic

Which tools does the government use to regulate and keeps banks from over extending themselves

Require assets

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