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Economics

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Bailee Hand

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3y ago
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Cards in this guide (14)
Which axis of a graph will always run vertically from the bottom to the top of the page

The y axis always runs vertically.

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

Laissez-Faire

In economic terms what does market mean

the coming together of a buyer and seller

What type of tax is placed on the value of inherited property

inheritance

What is the simplest way to create capital

the public and private sectors save more
erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S

What is the subject on which a tax is levied

tax base

In which direction does the demand curve on a graph slant

Downward left to right

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

upward

The financial management service is the bookkeeper for the federal government and is managed by this department

treasury

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

titles

All economic systems are concerned with which of these same problems

what, how, how much, and for whom to produce

If supply exceeds demand for a product what economic explanation occurs

prices decrease

A certain producers business is to collect sterilize add seltzer and redbottle water after doing this how can the water be classified

economic question

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

false

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