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Term1/13
Conducting a survey to determine the current status of a welfare program
Definition1/13

pure economics

Term1/13
What type of economic system was developed by Marx
Definition1/13

socialist

Term1/13
Following World War 1 the political and economic leadership of the world had shifted to which of these
Definition1/13

usa

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
What type of view of economics did the rational expectation school of economics headed by lucas and sargent take
Definition1/13

macroeconomic

Term1/13
Marshal combined the idea of the marginalists and the classical capitalists to form which new theory
Definition1/13

price

Term1/13
The effect of the cutting of the old-growth forests on the ancient cultures and traditions of the people
Definition1/13

athropologist

Term1/13
Failure to return a book to the library on time and paying a fine
Definition1/13

secondary effect

Term1/13
This is the study of all aspects of the economy
Definition1/13

macroeconomics

Term1/13
In the circular flow model economic resources is both production and the factors of production
Definition1/13

true
true

Term1/13
What are the differences between facility and utility
Definition1/13

Facility often refers to a location while Utility often refers to an object/goods/services

Term1/13
Which of these statements is not true regarding the regarding the expansion of the railroads
Definition1/13

One statement that is not true regarding the expansion of the railroads is that no laws were passed to regulate the railroads. This was during the expansion from 1860 to 1900.

(A+) Railroad expansion took business away from the trucking industry.

Term1/13
Which group would be concerned with pollution of the river after cutting of the old forest
Definition1/13

Environmentalists.

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Cards in this guide (13)
Conducting a survey to determine the current status of a welfare program

pure economics

What type of economic system was developed by Marx

socialist

Following World War 1 the political and economic leadership of the world had shifted to which of these

usa

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

true

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

macroeconomic

Marshal combined the idea of the marginalists and the classical capitalists to form which new theory

price

The effect of the cutting of the old-growth forests on the ancient cultures and traditions of the people

athropologist

Failure to return a book to the library on time and paying a fine

secondary effect

This is the study of all aspects of the economy

macroeconomics

In the circular flow model economic resources is both production and the factors of production

true
true

What are the differences between facility and utility

Facility often refers to a location while Utility often refers to an object/goods/services

Which of these statements is not true regarding the regarding the expansion of the railroads

One statement that is not true regarding the expansion of the railroads is that no laws were passed to regulate the railroads. This was during the expansion from 1860 to 1900.

(A+) Railroad expansion took business away from the trucking industry.

Which group would be concerned with pollution of the river after cutting of the old forest

Environmentalists.

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