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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

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

false

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

microeconomic

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