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☆☆☆☆☆Cards in this guide (21)
What is the total of all goods produced in a year called
GNP
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
What type of tax is the chief source of income for local governments today
property
John Maynard Keynes applied his theories to the problems of what crisis
Great Depression
The shipping industry can be severely crippled at all seaports if this union goes on strike
longshoreman
Which of these statements represents what Thomas Malthus believed
The population would grow faster than the food supply.
Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer
false
What is the period of time when the overall economic conditions are improving called
expansion
Which of these terms defines a time when there is an increase in money and a decrease in goods
Inflation
All policies that impede the flow of goods from one country to another are eliminated
Free trade involves eliminating policies that impede the flow of goods from one country to another. These ambitions have been met with much opposition and support.
V-cube 7 or megaminx
megaminx
A machine wearing out is an example of which of these
capital consumption
Division of labor means that production takes place with workers separated into groups according to what
skill
Ongoing financial reports are usually calculated by an index in developing an index what is the most important thing to do
select a base year
Who was the leader of the AFL
Samuel Gompers
Fewer jobs are available and unemployment is rising during which of these times
recession
Whinch of these terms is included in the definition of commerce
construction of highways.
Are gross domestic product and net national product equal
(gross national product or GNP) minus depreciation = net national product
Which of these acts spell out the deomocratic procedures that unions must use including allowing members to attend meetings and to vote
Labor
What will the federal government (Federal Reserve Bank) do in an attempt to encourage saving and investing
raise dividend rates
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