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Adolfo Bartoletti

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Term1/15
What is the amount of a good or service that a consumer is willing to buy called
Definition1/15

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.

Term1/15
Which axis of a graph will always run vertically from the bottom to the top of the page
Definition1/15

The y axis always runs vertically.

Term1/15
The economic policy of John Maynard Keynes called for government assistance so there could be full employment
Definition1/15

true

Term1/15
In which direction does the demand curve on a graph slant
Definition1/15

Downward left to right

Term1/15
In this department the Food Safety and Inspection Service inspects food and meat processing plants to make sure the products are safe for consumers
Definition1/15

Agriculture

Term1/15
This form of business organization is used by some professional workers like doctors and lawyers
Definition1/15

Partnership

Term1/15
The financial management service is the bookkeeper for the federal government and is managed by this department
Definition1/15

treasury

Term1/15
This department operates the federal bureau of investigation which investigates federal violations
Definition1/15

Dept Of Justice

Term1/15
On a graph what are the labels for the axes and the name called
Definition1/15

titles

Term1/15
The interaction of the producer and the consumer establishes a price
Definition1/15

True.

Term1/15
What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes
Definition1/15

Treasury

Term1/15
Supply creates a demand
Definition1/15

False(Kaylop)

Term1/15
What is the historical economic role of the government includes all of the following except
Definition1/15

quien sabe!

Term1/15
Which of these described they economic view of the Chicago school of economists
Definition1/15

microeconomic

Term1/15
This department operates the Bureau of Mines which conducts reports on mining techniques.
Definition1/15

Interior

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Cards in this guide (15)
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.

Which axis of a graph will always run vertically from the bottom to the top of the page

The y axis always runs vertically.

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

This form of business organization is used by some professional workers like doctors and lawyers

Partnership

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

On a graph what are the labels for the axes and the name called

titles

The interaction of the producer and the consumer establishes a price

True.

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!

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

microeconomic

This department operates the Bureau of Mines which conducts reports on mining techniques.

Interior

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