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Gisselle Eichmann

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Term1/18
What is the total of all goods produced in a year called
Definition1/18

GNP

Term1/18
In this department the Bureau of Economics provides an analysis of the nations economy including the GNP
Definition1/18

commerce

Term1/18
Which of these describes a time deposit
Definition1/18

Money in a savings account is an example of a time deposit.

Term1/18
Which of these statements represents what Thomas Malthus believed
Definition1/18

The population would grow faster than the food supply.

Term1/18
Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer
Definition1/18

false

Term1/18
What is the period of time when the overall economic conditions are improving called
Definition1/18

expansion

Term1/18
Which of these terms defines a time when there is an increase in money and a decrease in goods
Definition1/18

Inflation

Term1/18
From 1930 to 1940 the early policies of Keynes developed The main focus of these policies was oriented toward two specific problems What were these problems
Definition1/18

Depression and Unemployment.

Term1/18
A machine wearing out is an example of which of these
Definition1/18

capital consumption

Term1/18
Division of labor means that production takes place with workers separated into groups according to what
Definition1/18

skill

Term1/18
Ongoing financial reports are usually calculated by an index in developing an index what is the most important thing to do
Definition1/18

select a base year

Term1/18
Who was the leader of the AFL
Definition1/18

Samuel Gompers

Term1/18
Is an organization that produces and distributes a good or service for profit called a business yes or no
Definition1/18

Yes

Term1/18
Whinch of these terms is included in the definition of commerce
Definition1/18

construction of highways.

Term1/18
Which of these is the most widely used statistical report for comparing economic trends
Definition1/18

Consumer price index

Term1/18
What are goods produced inside the US that are sold and shipped for use in other countries called
Definition1/18

Exports

Term1/18
Are gross domestic product and net national product equal
Definition1/18

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

Term1/18
Which of thesse ideas can be demonstrated best by geometric progression
Definition1/18

the population will exhaust the food supply

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Cards in this guide (18)
What is the total of all goods produced in a year called

GNP

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

commerce

Which of these describes a time deposit

Money in a savings account is an example of a time deposit.

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

Which of these terms defines a time when there is an increase in money and a decrease in goods

Inflation

From 1930 to 1940 the early policies of Keynes developed The main focus of these policies was oriented toward two specific problems What were these problems

Depression and Unemployment.

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.

Which of these is the most widely used statistical report for comparing economic trends

Consumer price index

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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