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Economics

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Chadd Pagac

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2y ago
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Cards in this guide (15)
In this form of government there is rule by only one person

absolute monarchy

> <

Since the 1980s what has happened to the US share of domestic car sales

declined

Under what heading did the social programs of the 1930s come

new deal

During this event a country stops all trade with another country

Embargo.

The city sanitation crew picking up your garbage is an example of which of these

a service

Social security payments may be paid to dependent surviving children until they are 18

Social security payments may be made to dependent children until they are 18.

true

Which is the key to the creation of a demand for a product

advertising

A program called the new deal was put into effect in which year

1932

What does the flow of money determine in the circular flow model

The allocation of resources. :P

The growth of technology has had little effect on the amount of goods and services produced in other countries

False

The eskimos in north America mostly follow this type of economy

Traditional

For almost every right a citizen has

For almost every right a citizen has, there is a corresponding responsibility.

What term refers to the situation that results when a country imports more goods than it exports

trade deficit

Under which president did ben bernanke assume the role of chairman of the federal reserve system

Ben Bernanke was appointed Chairman of the Federal Reserve Sytem on February 1, 2006 by George W. Bush.

The basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit.

Socialism (A+)

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