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Economics

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Enos Reichel

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Term1/14
What does a good credit history do for consumers
Definition1/14

It makes it easier for them to get loans.

Term1/14
How does the assembly line benefit the economy
Definition1/14

helped meet supply and demeand faster It increases productivity

Term1/14
What is most likely to push the price of a company's stock higher
Definition1/14

An increase in demand for the company's stock

Term1/14
Consumers use cost-benefit analysis in order to maximize what
Definition1/14

Consumers use cost-benefit analysis in order to maximize utility.

Term1/14
Companies use offshoring in order to do what
Definition1/14

Reduce labor costs

Term1/14
Economic decisions involve doing what with resources to produce goods and services for people to consume
Definition1/14

Allocating

Term1/14
The government sets a price floor in order to protect what
Definition1/14

A vulnerable industry

Term1/14
In an economic system decisions need to be made about productive resources and which of the following
Definition1/14

Allocation

Term1/14
Consumers can use lobbying to accomplish what
Definition1/14

To get the government to pass new laws

Term1/14
What is lithification most closely related to
Definition1/14

sedimentary rock formation

Term1/14
Help you match each author with correct era
Definition1/14

You can match authors with the correct era by visiting your local library. A librarian can help you find all you need to know about each author and their works.

Term1/14
Which is most likely to lead to an increase in the price of company's stock
Definition1/14

Its profits increase

Term1/14
What is a not a way the fed can generate an increase in the money supply
Definition1/14

Cutting taxes

Term1/14
Which of the following promotes greater efficiency and lower prices by protecting competition
Definition1/14

antitrust laws -apex :)

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Cards in this guide (14)
What does a good credit history do for consumers

It makes it easier for them to get loans.

How does the assembly line benefit the economy

helped meet supply and demeand faster It increases productivity

What is most likely to push the price of a company's stock higher

An increase in demand for the company's stock

Consumers use cost-benefit analysis in order to maximize what

Consumers use cost-benefit analysis in order to maximize utility.

Companies use offshoring in order to do what

Reduce labor costs

Economic decisions involve doing what with resources to produce goods and services for people to consume

Allocating

The government sets a price floor in order to protect what

A vulnerable industry

In an economic system decisions need to be made about productive resources and which of the following

Allocation

Consumers can use lobbying to accomplish what

To get the government to pass new laws

What is lithification most closely related to

sedimentary rock formation

Help you match each author with correct era

You can match authors with the correct era by visiting your local library. A librarian can help you find all you need to know about each author and their works.

Which is most likely to lead to an increase in the price of company's stock

Its profits increase

What is a not a way the fed can generate an increase in the money supply

Cutting taxes

Which of the following promotes greater efficiency and lower prices by protecting competition

antitrust laws -apex :)

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