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Economics

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Term1/13

What part of the economy is involved in the study of macroeconomics

Definition1/13

All parts

Term1/13

Between 1890 and 1930 what type of economy caused leading economists to be critical of the inequalities that it had created among the people

Definition1/13

capitalism

Term1/13

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

Definition1/13

true

Term1/13

Who was Considered to be the most influential economist of the twentieth century

Definition1/13

Keynes

Term1/13

In which direction does the demand curve on a graph slant

Definition1/13

Downward left to right

Term1/13

The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928

Definition1/13

true

Term1/13

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

Definition1/13

Agriculture

Term1/13

What type of view of economics did the rational expectation school of economics headed by lucas and sargent take

Definition1/13

macroeconomic

Term1/13

In which direction does the supply curve slope from the left to the right

Definition1/13

upward

Term1/13

The interaction of the producer and the consumer establishes a price

Definition1/13

True.

Term1/13

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

Definition1/13

Treasury

Term1/13

Consumers create construct or offer goods and servies for sale to a consumer

Definition1/13

false

Term1/13

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

Definition1/13

microeconomic

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Cards in this guide (13)

What part of the economy is involved in the study of macroeconomics

All parts

Between 1890 and 1930 what type of economy caused leading economists to be critical of the inequalities that it had created among the people

capitalism

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

true

Who was Considered to be the most influential economist of the twentieth century

Keynes

In which direction does the demand curve on a graph slant

Downward left to right

The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928

true

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

What type of view of economics did the rational expectation school of economics headed by lucas and sargent take

macroeconomic

In which direction does the supply curve slope from the left to the right

upward

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

In which direction does the demand curve on a graph slant

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Economics

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Economics

What is the amount of a good or service that a consumer is willing to buy called

What part of the economy is involved in the study of macroeconomics

Keynes believed that the government must get involved in the economy to bring the country out of the Great Depression

Between 1890 and 1930 what type of economy caused leading economists to be critical of the inequalities that it had created among the people

Economics

What is the amount of a good or service that a consumer is willing to buy called

Under this economic theory the government does not get involved in the economy

What role do businesses that go to the market play in the circular flow model

What part of the economy is involved in the study of macroeconomics

Economics

What is the amount of a good or service that a consumer is willing to buy called

Under this economic theory the government does not get involved in the economy

What role do businesses that go to the market play in the circular flow model

What part of the economy is involved in the study of macroeconomics

Economics

What part of the economy is involved in the study of macroeconomics

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

This type of economics addresses the question what is

In which direction does the demand curve on a graph slant

Economics

What is the amount of a good or service that a consumer is willing to buy called

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

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

In which direction does the demand curve on a graph slant

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